Small and Medium-sized enterprises in Bangladesh: An Analysis of Concept, Status and Sector-based Contributions

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Published ID: IJNRD2409069

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Parvejur Rahman

SME. Sustainable. Bangladesh. Fertilizer. Enterprises

All other businesses in Bangladesh are small and medium-sized enterprises (SMEs), with the exception of a small number of fertilizer, pharmaceutical, cement, and telecom manufacturers. In Bangladesh, there are thought to be roughly 7.8 million (78 Lac) of these SMEs. They produce around half of our industrial output annually, provide the most jobs, help save foreign exchange by replacing imports, and generate the greatest number of employment. SMEs provide a huge contribution in a variety of ways, including job creation, the production of high-quality goods at affordable prices, the creation of import substitutes, the preservation of foreign exchange, and much more. A few government programs are evident to support SMEs by addressing issues they face, providing for them, and advocating for them. The establishment of the SME Foundation for SME Support is a major accomplishment of the administration. This writing will give a shot to examine the Concept, status, sector-based value of SME in Bangladesh

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Parvejur Rahman (September-2024). Small and Medium-sized enterprises in Bangladesh: An Analysis of Concept, Status and Sector-based Contributions . INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 9(9), a621-a632. https://ijnrd.org/papers/IJNRD2409069.pdf

Volume 9 Issue 9, September-2024

Pages : a621-a632

Paper Reg. ID: IJNRD_300218

Published Paper Id: IJNRD2409069

Downloads: 000121999

Research Area: Commerce and Management, MBA All Branch

Author Type: Foreign Author

Country: Dhaka, Bangladesh, Bangladesh

Published Paper PDF: https://ijnrd.org/papers/IJNRD2409069.pdf

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