With so much of diversity amongst MSMEs in organisational structure, business segments, technological preparedness and geographical presence, the policy approach targeted at the development of the sector becomes so much challenging. Given their immense potential to bring about economic development, regional equality and general upliftment of population, it is, however, imperative that we squarely address the problems of the sector. II. What ails MSMEs?
On the price front, the three-month rate of decrease in domestic corporate goods prices has been large, mainly due to the drop in international commodity prices. The year-on-year rate of increase in the CPI (excluding fresh food) is around 2 percent against the background of the increase in prices of energy and food.