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Tag Archives: SMEDA

Role of banks in the development of SMEs in Pakistan

Role of banks in the development of SME in Pakistan

Small & Medium Enterprises (SMEs) are the important components of economic development. This sector can generate increased productivity & new investment. SMEs have the ability to grow the industrial and commercial tax base. Therefore, its value cannot be ignored and it is the yardstick of most of the economic issues like revenue generation, poverty, unemployment and a slow growth rate. It can generate opportunities for a very heterogeneous group concerning …

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High time to involve women in entrepreneurship for a sustainable economy

High time to involve women in entrepreneurship for a sustainable economy

Speaking at the recent launch of a new financing programme titled “Women Ventures” (WV) by Karandaaz Pakistan, in collaboration with the UK Department for International Development (DFID), aimed at improving access to finance for women-led businesses, former State Bank Governor Shamshad Akhtar, also Karandaaz Chairperson, said; “only 8 percent of micro, small and medium enterprise (MSME) owners were women their access to finance is 6 percent and only 1 percent …

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SMEs usually more productive than large enterprises

  Small and Medium Enterprises are the biggest group in terms of a number of industrial units. They play a pivotal role in the rapid industrialization of the country and have a significant effect on the income distribution, tax revenue, and employment. According to the World Bank, the SMEs are generally more productive than large enterprises. In the developing countries, SMEs are performing a very positive role in the development …

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