Contemporary Policy and Institutional Framework(Major/Minor) — DU B.A.(Prog.) with Commerce (Entrepreneurship and Small Business) Previous Year Question Papers

1. What are the objectives of Micro, Small and Medium Enterprise Development Act (MSMEDA), 2006? Briefly explain the salient features of this Act. Define MSME's enterprises. Do you think MSME's establishment contributes towards the growth rate of Indian economy? What issues they face in contributing towards the growth rate in Indian economy? 2. Small and Medium Scale industries are the backbone of the industrial and economic development of the country, but this sector has to face different hardships for their survival Comment. Discuss various problems and hardships faced by Small and Medium sector. (18) Globalization has proved to be a mixed blessing for the Indian MSME's" . Is it true? Justify your answer with help of some examples. (18) 3. State the various industrial laws enacted for the welfare of workers in MSMEs in India. Elaborate your answer by incorporating a relevant case study. (18) Discuss the digital initiatives taken by the Government of India to support and promote MSMEs. How have these initiatives helped in improving efficiency and market reach? (18) 4. Identify and evaluate different financial and non-financial incentives available for promotion of entrepreneurship. (18) "The Central and State Governments have been giving greater emphasis on promoting self-employment opportunities in rural areas by extending financial assistance through loans, providing training programs, and ensuring support in infrastructure, raw materials, and technology." Discuss. (18) 5. Write short notes on any three of the following: (b) Institutional support for MSMEs (c) Government schemes for MSMEs in India