An Analysis of Impact on Delayed Payments Policy on Growth of MSME Sector
Year: 2025
Type: article
Abstract: Micro, Small, and Medium Enterprises (MSMEs) play a pivotal role in India's economic growth and underscores the importance of various improvement measures such as credit policy, payment policy, and saving. Specifically, it emphasizes the significance of payment policy in determining the growth trajectory of MSMEs, with a focus on analyzing the impact of delayed payment policies on this sector's growth. Statistical analysis can help in understanding the extent to which delayed payment policies affect MSMEs and subsequently influence the broader Indian economy. Furthermore, the deployment of findings from such research can inform policymakers and stakeholders about the importance of effective payment policies in sustaining MSME growth, which in turn contributes significantly to the overall economic development of India. However, it's worth noting that conducting a robust statistical analysis requires careful consideration of various factors such as data quality, sample size, control variables, and statistical methods to ensure the validity and reliability of the findings. Additionally, integrating qualitative insights from stakeholders in the MSME sector can provide a comprehensive understanding of the challenges and opportunities associated with payment policies. Keywords: Micro, Small, and Medium Enterprises (MSMEs), Payment Policies, financial stability and deployment.
Authors: Smita Sonawane, Dr. Sanjay Kumar Gaikwad
Institution: Moscow Institute of Modern Business
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W6911862304
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