The Twelfth Plan has listed the following as the objectives for the MSME sector Promoting competitiveness and productivity in the MSME space. Making the MSME sector innovative, improving technology and depth. Enabling environment for promotion and development of MSMEs. Strong presence in exports. Improved managerial processes in MSMEs. Evolution and Performance of the MSME Sector […]
WHAT IS THE IMPORTANCE AND ROLE OF MSMES IN THE INDIAN ECONOMY?
WHAT IS THE IMPORTANCE AND ROLE OF MSME IN THE INDIAN ECONOMY? To generate large scale employment In India, capital is scarce and labour copious. MSMEs are thought to have lower capital-output and capital-labour ratios than large-scale industries, and therefore, better serve growth and employment . The MSME sector in India has grown radically since […]
ISSUES & CHALLENGES IN MSME
ISSUES AND CHALLENGES IN MSME Despite the pivotal role and strategic importance in the context of industrial development and economic growth of the country, the MSME sector experiences several constraints and challenges. Several key issues remain to be addressed properly and measures yet to be taken in the interest of sustainable industrial development. The Committee […]
POTENTIALITIES FOR GROWTH OPPORTUNITIES IN (MSME)
Potentialities for Growth : Opportunities Micro, Small and Medium Enterprises have substantially contributed to the economic development of our country. The MSME sector in India occupies the second position next alone to agriculture in terms of employment generation. This sector accounts for about 95% of the industrial units, 45% of manufacturing output, 40% of exports […]
WHAT IS MSME(MICRO SMALL & MEDIUM ENTERPRISES)
WHAT’S MICRO SAMLL & MEDIUM ENTERPRISES? Micro, Small and Medium Enterprises constitute the backbone of an economy in maintaining an appreciable growth rate and in generating employment opportunities. This sector has been regarded as engine of economic growth and social development in many developed and developing countries. Contribution of MSME to the Indian economy in […]
BENIFITS OF SSI
BENEFITS OF SSI Payments for SSI are made on the first day of the month unless that day is on a Weekend or legal holiday, in which case the payment is made on the first day prior that is not a weekend or legal holiday. The minimum benefit is one dollar. The SSI program (or […]
AGED,DISABLED,OR BLIND OF SSI
In order to be eligible for SSI, a person must meet the definition of being aged, disabled, or blind. Aged– Being deemed aged consists of attaining the age of 65 or older The Social Security Administration, like the United States Government in general, follows English common law and considers a person on the way to attain an age […]
ELIGIBILITY OF SSI
ELIGIBILITY OF SUPPLYMENTAL SECURITY INCOME. In order to be eligible to receive SSI benefits, individuals must prove the following: They are 65+ years of age or blind or disabled; and They legally reside in one of the fifty states or the District of Columbia or Northern Mariana Islands, are the child of military parents assigned to permanent duty […]
what is supplemental security income?
What is supplemental security? Supplemental Security Income (SSI) is a United States means-tested federal wellbeing program that provides cash assistance to individuals residing in the United States who are either aged 65 or older, blind, or disabled. SSI was created by the Social Security Amendments of 1972 and is incorporated in Title 16 of the Social Security Act. The curriculum began operations […]