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Present Scenario of Small and Medium Enterprises (SMEs) in Bangladesh: An Evaluation

Asian Accounting & Auditing Advancement

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Title Present Scenario of Small and Medium Enterprises (SMEs) in Bangladesh: An Evaluation
 
Creator Moulick, Raj Kumar; Lecturer, Department of Accounting and Information Systems, University of Rajshahi, Rajshahi-6205, BANGLADESH
Neogy, Taposh Kumar; Assistant Professor, Institute of Business Administration (IBA), Rajshahi (Under National University), BANGLADESH
 
Subject Small and Medium Enterprises (SMEs), Employment, Industry, Contribution
 
Description SMEs all over the world have been playing a vital role in promoting economic development, structural change, hunger and poverty reduction, potential contribution to the overall  industry, employment generation, achieving  millennium development goals, eradication  gender inequality and women empowerment. In economic development effort in Bangladesh, the SME sector plays an important role. SME sector employs 25% of the total labor force. SME sector requires lower energy supply, lower infrastructure facilities and this sector imposes less environmental risk. They contribute towards better utilization of local resources and skills that might otherwise remain unutilized. Our major objective is to identify the contribution of banks in the development of SME sector. We also try to find out the current status of banks in the development of SME sector. By preparing the report we gain depth knowledge about SME banking. SMEs are considered to be the seedbed for the development of entrepreneurial skills and innovation. Small capital requirement makes easy entry and exit possible and private sector entrepreneurial activities have many important spill over and positive externality effects.     
 
Publisher Asian Business Consortium
 
Contributor —
 
Date 2015-12-25
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Format application/pdf
 
Identifier http://journals.abc.us.org/index.php/araf/article/view/750
 
Source Asian Accounting & Auditing Advancement; 2015 Selected Publications; 2015_5.2.6
2218-5666
 
Language eng
 
Relation http://journals.abc.us.org/index.php/araf/article/view/750/550
 
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