ROLE OF MICRO, SMALL AND MEDIUM ENTERPRISES (MSMEs) IN THE DEVELOPMENT OF JHARKHAND

MSMEs, or micro, small, and medium-sized enterprises, have been named the "growth engine" for all emerging nations, including India. MSMEs have contributed significantly to the general economic development of states like Jharkhand, where thousands of people are unemployed or underemployed and confront poverty-related difficulties. MSMEs, the second largest employer in the state after agriculture, offer instant large-scale employment with low-cost investments and play an important role in the state economy. The purpose of this research is to look at the growth and development of MSMEs in Jharkhand. The primary purpose of the research is to examine the employment opportunities provided by small scale units in the state's designated study zone. The majority of the information was gathered via a postal questionnaire and personal observation. According to the conclusions of this study, MSMEs are critical to Jharkhand's economic development. Using Microsoft Excel, the data was qualitatively analysed and presented in the form of tables and figures.

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Keywords: MSMEs, Employment Opportunities, Entrepreneurship Development.


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