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A REPORT ON MSME's AND FACTORS AFFECTING THEIR GROWTH

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A REPORT ON MSME's AND FACTORS AFFECTING THEIR GROWTH
A Detailed Report on
Micro, Small and Medium
Enterprises
By
Umakanth Dalai
Roll no- 207
Section-C, IM-20
NITIE, Mumbai.

ARTICLES:
1. Impact of Disasters and Building Resilience of MSME’s
- By United Nations Development Programme (UNDP)

2. Role of government in financing SME's
- By YES BANK

3. The impact of Globalization on SMEs
- By Wouter Moekotte and Silke Freye (Copenhagen Business School)

4. SMEs in Australia's High -Technology Sector: Challenges and
Opportunities
- By Neil Colin Temperley, James Galloway, Jennifer Liston (CSIRO and AEEMA)

5. MSMEs in Emerging markets
- By Mutsa Chironga, Jacob Dahl,Tony Goland,Gary
Pinshaw,Marnus Sonnekus(McKinsey and Company)

1. Impact of Disasters and Building Resilience of MSME’s
Objective: The impact of disasters on Micro, Small and Medium Enterprises
(MSMEs) and the consequences this impact on the economic and social recovery of the affected communities.
Introduction: MSMEs contribute to the well-being and the livelihoods system of their community by providing and demanding employment, goods and services. These are needed even more in times of crises, in order to restore the economic fabric of disaster-affected communities. MSMEs also support the creation of social capital in communities, which is a crucial element in restoring the social fabric
Ruptured by disasters.
MSMEs are considered to be more vulnerable to disasters than larger firms, given the more limited range of risk-management mechanisms they can access. This study finds that MSMEs have an inherent flexibility due to the lower levels of capital needed to operate and lither work relations (especially in the case of informal MSMEs), which could be exploited after disasters to support a faster and more equitable recovery of the local community.
The role of MSMEs in disaster recovery thus depends on their own ability to withstand disasters and having the right incentives in place for them to actively
participate
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