PRODUCTION AND ECONOMETRICS ANALYSIS OF MICRO, SMALL AND MEDIUM ENTERPRISES (MSMES) IN INDIA
Abstract
Micro, Small and Medium Enterprises (MSMEs) have performed a completely import function in the socio-economic improvement of India during the past few years. It has notably contributed to the overall growth in phrases of the Gross Domestic Product (GDP), employment generation and production. This region is a labour-in-depth and creates mammoth employment possibilities in India. The overall performance of MSME has an instantaneous effect on the boom of the overall economic system of India. This paper carefully analysis the boom of the Indian MSME region and uses techniques are Charnes, Cooper and Rhodes (CCR) Model, Cob-Douglas Production Function from 1973-74 to 2020-21. It indicates the present employment, production and GDP situation of MSMEs in India.
Key words: Employment, GDP, Production