Published Paper Details:

The paper investigates the performance of Micro, Small, and Medium Enterprises (MSMEs) in Bihar from 2017 to 2021, focusing on their critical role in the state's economic development. It identifies challenges such as limited financial access, poor infrastructure, outdated technology, and inadequate market linkages, which hinder the sector's growth and competitiveness. Despite steady growth in the number of MSMEs, Bihar lags behind states like Uttar Pradesh and West Bengal in expansion and employment generation. The study highlights opportunities for growth through government support, public-private partnerships, and sector-specific initiatives, particularly in food processing, textiles, and handicrafts. Emphasizing the importance of improving credit access, infrastructure, and technology adoption, the paper suggests targeted policy measures and skill development programs to enhance the sector's potential. It concludes with recommendations for evidence-based policies and collaborative efforts to address these challenges and promote sustainable MSME growth for balanced regional development in Bihar.