Indian households have been accumulating gold for ages as a form of security that may be utilised or liquidated during trying times.Gold is frequently purchased or given as a gift at important and auspicious occasions such as festivals and weddings in the majority of Indian homes. However, physical ...

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The Micro, Small and Medium Enterprise (MSME) sector has always been the backbone of the Indian Economy. India has the largest MSME base after China. The MSME industry in India manufactures over 6000 products ranging from traditional handicraft products to hi-tech goods. A significant part of the production of big industries is outsourced to the MSME sector in India as well. In fact, like in most low-income countries where MSMEs collectively account for the largest share of employment, the micro sector with over 6 crore enterprises is estimated to account for 97% of the total employment in industry in India. The MSME sector contributes to over 28% of India’s GDP and 40% of the country’s overall exports.