Empowering Micro and Small Enterprises in India: A Study of Government Initiatives and Their Role in Entrepreneurial Growth

Micro and Small Businesses (MSEs) are essential to the economic growth of India. Their contributions to rural development, economic diversification, and job creation are substantial. Nonetheless, MSEs encounter a number of difficulties, such as restricted financial resources, insufficient infrastructure, and market accessibility. As a result, the Indian government has started a number of programs to empower MSEs and encourage the expansion of entrepreneurship. The usefulness of significant government programs, their influence on MSE expansion, and their part in forming India's entrepreneurial environment are all examined in this review article. The analysis also identifies the difficulties these businesses encounter when trying to use government programs and makes recommendations for future development.