MSME: Key Concerns
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MSMEs face several key hindrances that prevent them from achieving their full potential, including limited access to finance due to bank reluctance in offering loans, lack of access to new technologies, poor infrastructure, intense competition, insufficient management skills, and challenges identifying markets. For government support schemes to effectively benefit MSMEs, there needs to be proper coordination in implementing the schemes and raising awareness among MSMEs.
MSME: Key Concerns
- 1. MSME: KEY CONCERNS Key hindrances faced
- 2. Concerns to the sector Whatever yardstick one uses, the importance of MSMEs cannot be overlooked. They are showing the results much below their potential, mainly because they are unable to showcase their strength. Easy Access to Finance Bank reluctance in offering loans/ credit Lack of access to new technology Poor Infrastructure Immense Competition Lack of Management Skill Challenge of identifying market For benefits out of the schemes to reach to this sector, there should be Proper co-ordination implementation of the schemes Awareness to them
- 3. Address 502-602, Aniket, CG Road, Ahmedabad, India-380009 Phone Number +95120-15794 Email Address info@capitaworld.com Website https://www.capitaworld.com/