Cottage, Small and medium industry Policy,2012

Micro, Small and Medium Enterprises (MSMEs) make-up an overwhelming majority (approximately 98%) of all enterprises in most countries, including Bhutan1. They are drivers of competitiveness and innovation in many economic sectors and impact directly on employment, equitable opportunities for income and wealth generation, balanced regional development and poverty reduction. As a consequence, most governments develop a MSME Policy to support this important sector of the economy.

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