International Research journal of Management Science and Technology

  ISSN 2250 - 1959 (online) ISSN 2348 - 9367 (Print) New DOI : 10.32804/IRJMST

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IMPACT OF BANKS’ CREDIT NORMS UPON THE AVAILABILITY OF CREDIT FOR THE MSMES

    3 Author(s):  ABHIJEET BISWAS, DR. SHASHI SRIVASTAVA, PROF. RAJ KUMAR

Vol -  9, Issue- 2 ,         Page(s) : 170 - 187  (2018 ) DOI : https://doi.org/10.32804/IRJMST

Abstract

Micro, Small and Medium Enterprises are spread throughout the country. They produce a diverse range of products and employ a major proportion of the Indian population. More than 45 percent of the industrial products in India are manufactured by the MSMEs and their share in exports is around 40 percent. They constitute more than 90 percent of the manufacturing enterprises of the country and make a contribution of 7 percent in the national GDP The measures undertaken by the government to improve the flow of credit towards the MSMEs includes Priority Sector Lending Norms, Credit Guarantee Schemes, Special Economic Zones, Tax exemptions and Concessions. Even though,

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