IMPROVE INDIAN SME FOR OVERALL GROWTH

Reasons for Short Term Growth of INDIA SME

All over the world it is the business which rules it may be big or small or very small and Big companies are very few however small companies are large in number so these are real backbone of the country.

In INDIA we see the current NDA government is very business friendly and is inviting the entrepreneurs from all over to work in INDIA, It is the biggest move of the govt. after 1991 Liberalization, Privatization and Globalization move. They have launched several schemes and have done several initiative like:

MAKE IN INDIA
START UP INDIA AND STAND UP INDIA
ONE DOOR APPROVAL
100% FDI ON SINGLE BRAND
DIGITAL INDIA
PUBLIC PRIVATE PARTNERSHIP

and many more as we know China economy is slowing so it seems INDIAN ECONOMY is best to invest but the question is did INDIAN were not good in business or they were not involved in business so they not made so good growth till date, their are several reasons for that.

INDIAN GOVERNMENT
FAMILY SUCCESSOR
PUBLIC AWARENESS


we all know now govt is improved and by technology improvement the last person is also aware of all the data and problems, Thanks to GOOGLE and TEAM ANDROID.

Now the only biggest problem is Family Successor doing the same business what his father was doing is still practiced in INDIA and is the biggest issue, It is not necessary that if father was good in Farming then his son would also be or a father is Technically Master then his son should and in INDIA a son concentrate on the limited area of boundaries created by his father.

Big companies appoints Managers and those who brake boundaries shift abroad, like SATYAM, SHIVAM & SUNDRAM.

Now small business owners need some inventions so they can manage like big companies with very few expenses so they can grow at a faster rate. Traditional Farming need to upgraded to Modern Horticulture, Fruits Farming and now they also need to keep Managers to manage their Farm land and use techonology, small shopkeepers need a software to keep track on all their stuff etc..

Thank only INDIA will grow at faster rate.