Quick Overview

The contemporary changes in science and technology has revolutionised resource allocation and capital formation, in many parts of the world, as also in India. However, resources and their sustainable development did not get adequate attention in policy and practice. Despite the significant policy priority accorded to SMEs in India, the potential of the country’s entrepreneurship resources still remains inadequately utilised. The experience of Covid-19 raises much wider questions on ‘cohesive development’ in general and local economic development strategies in specific, as something that needs closer examination.