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This book explores the issue of Non-Performing Assets (NPAs) in the Micro, Small, and Medium Enterprises (MSME) sector in India. It analyzes NPA classification, causes, and management strategies, emphasizing the role of institutions. The research highlights the need for a multifaceted approach to address NPAs. It also examines the economic landscape, government policy initiatives, and the impact of recent events on MSMEs' financial stability. The study also discusses the role of technology, digital solutions, credit guarantee schemes, financial literacy, capacity-building programs, alternative financing options, and successful MSME turnarounds.
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This book explores the issue of Non-Performing Assets (NPAs) in the Micro, Small, and Medium Enterprises (MSME) sector in India. It analyzes NPA classification, causes, and management strategies, emphasizing the role of institutions. The research highlights the need for a multifaceted approach to address NPAs. It also examines the economic landscape, government policy initiatives, and the impact of recent events on MSMEs' financial stability. The study also discusses the role of technology, digital solutions, credit guarantee schemes, financial literacy, capacity-building programs, alternative financing options, and successful MSME turnarounds.