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Volume : IV, Issue : V, June - 2014

FOSTERING ECONOMIC DEVELOPMENT THROUGH MSMEs A CASE STUDY OF THE BARPETA CANE AND BAMBOO CRAFT CLUSTER

Payal Dutta, -

By : Laxmi Book Publication

Abstract :

Micro, Small and Medium Enterprises (MSMEs) have emerged as a dynamic and vibrant sector of the Indian economy. They have been playing a significant role in the economic and social development of the country. Over the years, these small enterprises have evolved as leaders in the industrial sector in India. They have great potential in terms of production, export and generation of sustainable employment opportunities. In recognition of their significance and stature, the Government has introduced the “Micro, Small and Medium Enterprises Development Act, 2006”, which aims to facilitate the promotion and development and to enhance the competitiveness of MSMEs. In this context, the Cluster approach is one of the thrust areas of the Ministry in the Eleventh Plan. The Barpeta Cane and Bamboo Craft Cluster is one such approved cluster under the Ministry of MSME. The recognition of the five villages, namely, Raipur, Bhaluki, Joshihatigaon, Charjoshihati and Dhupguri as the Barpeta Cluster has been instrumental in the socio-economic upliftment of this entire area. Hence, this paper attempts to examine the contribution of the Barpeta Cane and Bamboo Craft Cluster in the economic development and to throw light on the Government initiatives and actions for the promotion and development of this cluster. The study is based on both primary and secondary data.

Keywords :


Article :


Cite This Article :

Payal Dutta, -(2014). FOSTERING ECONOMIC DEVELOPMENT THROUGH MSMEs A CASE STUDY OF THE BARPETA CANE AND BAMBOO CRAFT CLUSTER. Indian Streams Research Journal, Vol. IV, Issue. V, http://isrj.org/UploadedData/4946.pdf

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