IPE Global | News | June 08, 2020 IST
Most of the MSMEs in India want to continue as dwarf enterprises and do not want to grow primarily due to a fear of losing out on benefits enjoyed. They manage their turnover within the low limits. Revealed in the Economic Survey 2018-19, these dwarf MSMEs contribute 8% to productivity and account for 14% of the employment. In contrast, large firms with more than 100 employees account for 75% of the employment base and contribute close to 90% of the productivity.
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