‘Structures backing micro firms to enable them to employ more, enhance contribution to economy imperative’

‘Structures backing micro firms to enable them to employ more, enhance contribution to economy imperative’

Often the process of formalisation seems too cumbersome and daunting especially among those entrepreneurs who are uneducated or poorly educated and live in rural or fringes of urban India. The micro entrepreneur thus prefers to keep it informal and sometimes even, without intention, may be illegal.
Check the source here –Source, Financial Express.

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