Conclusion

The setup and prosperity of Micro Small and Medium Enterprises is a resourceful intake leading to the rapid development of economic and social potentials. CSR activities can help to a great degree in improving the survival rate of MSMEs and may offer more chances for business competitiveness, nationally and globally. MSMEs are the steroids that the Indian Economy requires at this juncture and Most of the SMEs being anchored in towns and villages or in remote areas they have significant adaptability to the local environments, exposure to local issues, and also access to local resources, Thus, they are eminently suited to do CSR activities.

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Contribution of the Micro, Small and Medium Enterprises in the Indian economy

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