Programs to direct finance to small firms are ubiquitous. We study their real-side effects for target firms, exploiting the discontinuities in eligibility in such a program in India. We show that small firm lending programs can slow real growth. Several robustness, placebo, heterogeneity, and...

Programs to direct finance to small firms are ubiquitous. We develop evidence of unexpected side-effects of these programs. Exploiting discontinuities in program eligibility in India’s PSL program, we show that targeted lending programs can slow growth, paradoxically creating financial...

A dedicated support for SMEs through imparting information as well as addressing their concerns will not only improve prospects for SMEs, but will also contribute to greater utilization of the FTAs. While integrating into GVCs, standard compliance does not come easy due to lack of information...

Micro, Small and Medium Enterprises (MSMEs) are the backbone of the Indian manufacturing sector, contributing nearly a third of India's GDP and providing employment to over 110 million workers. Beginning on the 25th of March 2020, the Government of India has imposed one of the strictest...

This paper presents measures of relative efficiency for nine small scale industries in fifteen major states of India. An index of relative efficiency based on total factor productivity is used. It is observed that there are wide differences in efficiency of these industries among the states. The...

Using a panel dataset collected in 2014–2017, we examine small and micro entrepreneurs in Delhi, India, distinguishing registered (more formal) and unregistered (more informal) enterprises. The dataset contains not only information on the characteristics of entrepreneurs and firms, but also...

The main objective of this paper is to analyze the various pertinent aspects of Small Scale Industries in East Khasi Hills District of Meghalaya, a state located in the northeastern part of India. The demography of this district is such that it is dominated by Khasi tribes. This district is most...

In this paper, we assess the digitalization of Indian manufacturing Micro, Small, and Medium Enterprises (MSMEs) by using the Centre for Monitoring Indian Economy’s Prowess database consisting of around 800 manufacturing MSMEs for the period 1990-2019. Our primary objective is to answer two...

The paper focuses on evaluation of the few turn around strategies available with the Indian Railways to improve its operating ratio. The strategies examined are (a) choice of electric traction and the pace of electrification (b) improvement of utilization of network capacity (c) bench marking of...

There is a shortage of evidences and literatures regarding institutional environment differences across the states of India. Therefore, the paper attempts to provide some important sub-national environment differences across the Indian states in the context of entrepreneurship. It focuses on the...