Impact of MSMEs on employment generation in Uttarakhand

2021, Vol. 3, Issue 2

Impact of MSMEs on employment generation in Uttarakhand

authors
Urvashi, Prabhat Kumar Singh, Neeraj Tiwari

abstract
Economic development of any country is primarily depends on the factors which provide direct employment opportunities, social development and empowerment of women of that country in various concern. Concept of MSMEs in India has been such a great initiative towards growth and expansion of small scale industries sector. Small scale sector of India have provided vast employment opportunities to the needy and made a great contribution towards economic development of each region of the country. The present study focuses on the Impact of MSMEs on Employment Generation in Uttarakhand (India). The research work is descriptive in nature and examines the impact of units on employment generation in Uttarakhand. The study covers two regions (Kumaun and Garhwal) of Uttarakhand (India). Data has been gathered from secondary sources (District Industries Centers (DIC), published reports by Government Departments, various journals etc.). Time frame for the study is of 5 years i.e. from 2015-2020. ANOVA test has been applied for testing the framed hypotheses. Findings reveal that MSMEs have positive impact on employment generation through its different levels of industries (Micro, Small & Medium) in Kumaun Region and negative impact on employment generation in Garhwal Region. Further it is concluded that Governmental initiatives can help in recovery of such negative impact.

Download | Pages : 30-36

How to cite this article:

Urvashi, Prabhat Kumar Singh, Neeraj Tiwari. Impact of MSMEs on employment generation in Uttarakhand. International Journal of Commerce and Economics, Volume 3, Issue 2, 2021, Pages 30-36