Annexure:1

LOVELY PROFESSIONAL UNIVERSITY

School of business management Faculty of

Name of the faculty member

Course Code: p320 Course Title: BBA (financial markets)

Academic Task No: Academic Task Title:

Date of Allotment: Date of Submission: 15-09-22

Student Roll No: RQ2213B55 Student Reg. No: 12203366

Term: Section: Q2213

Max. Marks Marks. Obtained:

Evaluation Parameters

Learning Outcomes: (Student to write briefly about learnings obtained from the academic tasks)
Declaration:

I declare that this Assignment is my individual work. I have not copied it from any other students’ work or from any other
source except where due acknowledgement is made explicitly in the text, nor has any part been written for me by any other
person.
Evaluation Criterion: Rubrics on different parameters

Student’ Signature:
Evaluator’s Comments (For Instructor’s use only)

General observations Suggesttion for improvement Best part of assignment

Evaluator’s signature & date :

MSME stands for Micro, Small, and Medium Enterprises. In
accordance with the Micro, Small, and Medium Enterprises
Development (MSMED) Act in 2006, the enterprises are
classified into two divisions.

Types of MSME :-
1 . manufacturing engaged enterprise
2 . service related enterprise

Classification
Micro:- turnover 1-5 cr.
Small:- turnover 5-50 cr.
Medium :- 50-250 cr.

Established in the year 1977 by Mr Murlidhar Kanoria. From the beginning Emkay was committed
to provide high performance products, on time deliveries and cost effective solutions. Right thread
cutting tools are indispensable in the process of manufacturing. We realized the importance of the
consistent supply of high quality and high performance thread cutting tools to satisfy our
customers' requirement, and contribute to technical evolution of industrial field by advising and
accompanying it's customer from initial idea to the specific application effectively and
productively. Four decades of Emkay existence have provided a consistent message:

Our product portfolio

1 straight flute
2 spiral point taps
3 spiral flute 150 taps

4 spiral flute 350 taps

5 fluteless taps
6 cast iron
7 pipe taps
8 nut/nib taps
Problems faced by MSMEs

1 financial issues :-
Finance has always been a big issue for enterprises in India
only 16% of Indian business get access to timely finance this
results in businesses has to rely on their own resources.

2 infrastructure :-
In India Infrastructure is not that great from starting Indian
businesses has to face a lot because of this infrastructure is
must for any business anywhere in world sometimes
businesses even go bankrupt because of this

3 low productivity:-
High productivity is must for enterprises to run operations
smoothly MSMEs are not necessarily very productive, but
they perform certain tasks that emit more value than they
produce

4 lack of innovation :-
Innovation is very important for business to keep up with
time innovation bring new technology which helps to
increase profit in long period of time their produce are based
on outdated technologies
Solution
Finance problem can be solved by investment coming
from the outside of business by a private entity or can
be solved by taking loans and what government can do
is provide loan to businesses on low rate of interest

Infrastructure problem can be solved by government

only what they can do is develop it by their own or
outsourse it to a private company these are the two
ways by which this problem can be solved

Low productivity problem can be solved by investing in

manufacturing plant and introducing new technology
to manufacture goods they can also bring skilled and
experienced workforce

Lack of innovation problem can be solved by investing

in new technology fresh workforse giving proper
training to employees

Conclusion:
MSMEs face a number of challenges, but the
government is doing its best to ensure that the MSME
sector remains competitive. The cost of funding is
gradually decreasing, and both public and private
sectors are working towards developing better
products that can be competitive in terms of quality
and price. Perhaps, if we get rid of corruption and
focus more on quality, then MSMEs will be able to beat
bigger firms.