Micro, Small and Medium Enterprises are the backbone for the Indian Economy as it represents huge percentage of contribution by scattered into huge number of businessmen and taxpayers. Governments at Central Level or the State Level fund or aid the operations of such entities through various initiatives and schemes. In line with same object, Micro, Small & Medium Development Act was made in force back in year of 2006. Since establishment, the Government has increasingly participated to boost the growth of economy engine like enterprises.
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