MSMES' ROLE IN SUSTAINABLE DEVELOPMENT

Abstract

Sustainability has become a mandatory strategy for survival on the planet. Sustainable development is imperative for the survival and growth of people, the earth and organisations. As India gears up to retrace the high growth path, the Micro, Small and Medium enterprises (MSMEs) are pivotal in driving the growth engine. The study embraces the sustainability initiatives of MSMEs working in India. The study indicates that the MSMEs have a critical role in achieving the Sustainable Development Goals (SDGs). This paper aims to understand the role and importance of the MSMEs in social, economic and environmental activities. Further, the report highlights the barriers MSMEs face when striving to reach sustainable development goals.