The MSME Sector in India accounts for more than half of India’s __:
1. Total number of industrial enterprises
2. Industrial production in rupee terms
3. Gross Domestic Product
Select the correct option from the codes given below:
MSMEs in India account for over 95% of the total number of industrial enterprises. Thus first statement is correct. MSME contributes about 45% of the industrial production and 37.5% of the national GDP. Thus, second and third statements are not correct. Further, MSME accounts for 40% of the total l exports from India.
This question is a part of GKToday's Integrated IAS General Studies Module