SMEs in India, Pakistan and Sri Lanka : a comparative analysis with focus on barriers to growth

Abstract

South Asian countries India; Pakistan and Sri Lanka are facing common problems ' There are issue of large population, unemployment, poverty bad governance, rising disparities of income and development. illiteracy and poor living standards, etc. SMEs may provide a solution to some of these rexed issues. However the growth of SMEs constrained because of several barriers sub as financial, marketing, lack of technology and misplaced government policies, etc. There for this study makes a comparison of three countries in areas of growth and development of the small scale sector to derive consistent policy measures. This paper highlights some progressive steps which can lead to high economic growth rates of these countries by systematically addressing fundamental issues of SMEs.