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Role of Information Technology in the development of Rural MSMEs

Upadhyaya, Pallavi and Mohanan, P (2012) Role of Information Technology in the development of Rural MSMEs. In: Rural transformation on department perspectives: managerial challenges. Excel Indian Publisher, pp. 1-10. ISBN 978-93-820-62-46-2

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Abstract

Micro, Small and Medium Enterprises (MSMEs) have received considerable attention of Governments worldwide due to its contribution to regional development. In India, around 45.23% (7.07 lakhs) of the total MSMEs are rural enterprises, according to fourth census of Ministry of Micro, Small and Medium Enterprises. Therefore it is important for developing countries like India to consider the needs of this segment and formulate policies that triggers economic development uniformly in all regions. Information and Communication Technologies (ICTs) and its effective use can significantly contribute to the growth and development of small enterprises. However for increasing reach and making technology affordable for small firms, policy makers have an important role to play. Policies and processes would provide a conducive environment for small firm‟s effective use of ICT. Global connectivity through internet opens up plethora of opportunities for small enterprises. This paper explores current internet technologies that would enable growth and development of small rural firms. The paper also reviews the policies of the Govt. of India and discusses the initiatives that would trigger use of ICT among rural small firms.

Item Type: Book Section
Uncontrolled Keywords: MSMEs, Information and Communication Technology, Rural enterprises
Subjects: Management > MIM Manipal
Depositing User: MIM User
Date Deposited: 05 Nov 2013 08:40
Last Modified: 06 Apr 2016 16:14
URI: http://eprints.manipal.edu/id/eprint/137650

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