Small Firms in India: A Discussion of Some Issues
This paper asks how do small firms behave and what is their role in Indian economic development. It examines aggregate descriptions of small firms in India: their role in economic development, the industry by industry variation in their relative importance and the size structure of industry. Carefully distinguishing aggregate relationships from those of the firm, several theoretical and empirical issues are taken up. The small firms' response to government policy is also examined.
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