Quick Overview

The MSME policy architecture in a country involves the legal and institutional frame work, as also the policy response. India has a huge infrastructure of MSME policy institutions and programs. However these need to help enhancing the ‘collective ‘and ‘individual efficiency’ strategies of enterprise development. However, there are several critical constraints which public policy seeks to address. Beyond the traditional strategies of cluster development, there is need for evolving new strategies of harnessing the potential of the entrepreneurs. Based on the more recent experience, issues such as climate change need to be factored seriously into MSME agenda of the country. This document provides a critical analysis of India’s track of policy and programmes, and highlights some of the new and emerging issues.