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Msme Nepal

Micro, Cottage and Small Industries (MCSIs) or Micro, Small and Medium Enterprises (MSMEs) constitute the backbone of national economies regardless of the level of their development

Micro, Cottage and Small Industries (MCSIs) or Micro, Small and Medium Enterprises (MSMEs) constitute the backbone of national economies regardless of the level of their development

Msme Nepal

by Ramniwash Kushwaha
Msme Nepal
Msme Nepal
Msme Nepal

What is it about?

Micro, Cottage and Small Industries (MCSIs) or Micro, Small and Medium Enterprises (MSMEs) constitute the backbone of national economies regardless of the level of their development. The definition of SMEs varies from country to country, however in Nepalese context these are characterized as Micro, Cottage and Small Industries (MCSIs) and play significant role in national economy contributing 90% of the total industrial GDP. MCSI sector contribute about 70- 80% of the total industrial value addition providing 80% of the industrial employment and 70% of the total national export. The importance of the MCSI sector is also due to its self-employment generation capacity, providing adequat space for establishing new industries in rural areas. In addition, MCSIs are labor intensive, consuming local raw materials and can therefore help contribute in balanced agro-industrial growth and equity in income distribution.

Msme Nepal

App Details

Version
1.0
Rating
NA
Size
78Mb
Genre
Shopping
Last updated
November 16, 2021
Release date
November 16, 2021
More info

App Screenshots

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App Store Description

Micro, Cottage and Small Industries (MCSIs) or Micro, Small and Medium Enterprises (MSMEs) constitute the backbone of national economies regardless of the level of their development. The definition of SMEs varies from country to country, however in Nepalese context these are characterized as Micro, Cottage and Small Industries (MCSIs) and play significant role in national economy contributing 90% of the total industrial GDP. MCSI sector contribute about 70- 80% of the total industrial value addition providing 80% of the industrial employment and 70% of the total national export. The importance of the MCSI sector is also due to its self-employment generation capacity, providing adequat space for establishing new industries in rural areas. In addition, MCSIs are labor intensive, consuming local raw materials and can therefore help contribute in balanced agro-industrial growth and equity in income distribution.

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