MSMEs: India has created ‘perverse incentives’ for firms to stay small. Here’s how to fix it

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For small businesses in India, growth pangs are more draining than birth pains. In fact, most of them often remain in the size they were born, as entrepreneurs have often found it difficult to balance their aspirations and expansion needs.

Chief Economist of Dun and Bradstreet Arun Singh says for every 100 companies, 95 are micro, 4 are small and medium and only 1 is large. “Whereas, in most of the developed countries, 50-55 entities out of 100

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