Unlike many other countries, small enterprises in India remain small and even shrink. Bring out the factors responsible for such a trend in India. What steps have been taken by the government in this regard? (150 Words)

Mentors Comment: Explain the scenario regarding small enterprises in India. Make a comparison with other countries. Bring out the factors responsible for such a trend. Mention some reform measures taken by the government. Answer: According to study done by Hseih and Klenow (2011), surviving small firms in USA grow spectacularly; in Mexico grow moderately while … Continue reading Unlike many other countries, small enterprises in India remain small and even shrink. Bring out the factors responsible for such a trend in India. What steps have been taken by the government in this regard? (150 Words)