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Wednesday, September 13, 2017

Micro Units Have Tremendous Employment Creation Potential


Micro Units Have Tremendous  Employment Creation Potential. In India, Mudra Finance scheme caters to micro units and has the potential to solve unemployment problem in India.

Plan to Provide Employment to 2 Crore Persons Per Year in Micro Units Using Mudra Finance Scheme
http://guide-india.blogspot.com/2017/08/plan-to-provide-employment-to-2-crore.html



                                                         September 14, 2017
Documentation is not good till now. It is important to create one crore new businesses and additional one crore new jobs using Mudra with proper documentation so that additional 2 crore persons are given employment every years for the next five or ten years.

"Micro units are really an employment creating sector"

Google search results for the above key words  - Google Search Results Link



"Micro units are really an employment creating sector" - Jiji Mammen, Managing Director and CEO, Mudra

An online platform to  make it easier for micro units to apply for MUDRA loans and to  use analytics to provide more information to lenders about the borrowers and their business proposals is being contemplated by Mudra Organization.
10 September 2017
http://www.thehindubusinessline.com/money-and-banking/online-platform-for-mudra-loans-on-the-cards-says-ceo/article9853480.ece


When small is not beautiful: Will India’s Micro, Small and Medium Enterprise (MSME) sector ever grow up?
April 22, 2017
The article is not clear on what it wants to say. But it has interesting information on micro enterprises in various countries.
https://blogs.timesofindia.indiatimes.com/toi-edit-page/when-small-is-not-beautiful-will-indias-micro-small-and-medium-enterprise-msme-sector-ever-grow-up/


Policy Paper - Employment Creation in Madhya Pradesh
Atal Institute of Policy Analysis and Good Governance
2017
http://www.aiggpa.mp.gov.in/images/files/pdf/A%20Roadmap%20for%20Industrialization%20and%20Employment%20creation.pdf


http://apedb.gov.in/enterprises-sector.html


http://iica.in/images/conference%20theme28jan2017.pdf


"MSMEs Are Seedbed for Entrepreneurial Talent"
The employment generation in micro units is more than five times to that of the large enterprises.
https://www.entrepreneur.com/article/287456

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