Monday, February 16, 2009

Bizmantra's mantra booklet on SMEs

The government is preparing to bring New Industrial Policy. Experts opine that Industrial Policy should have separate arrangents for the Small and Medium Entreprises (SMEs) in it as the SMEs should not be lumped together and treated similarly.
For a country like Nepal that cannot compete in the manufacturing sector with rising industrial powerhouses China and India, SMEs' development can be key to economic growth.
To make its importance felt and impart lessons from past mistakes, Bizmantra has brought out a Small and Medium Entreprises (SMEs) handbook. Bizmantra claims this really is the first such book in Nepali. It gives glimpses of Nepali SMEs, from their historical backgrounds to the present situation.
The book is sectioned into four parts. The first part has background information and defination of SMEs in Nepal. The second part gives us detailed development of SMEs in Nepal. The third part shares the experiences of entrepreneurs and challenges that they faced. The almost four dozen enterprises and their investors' experiences are not only inspiring but also lessons for new entrepreneurs.
The fourth part of the book has suggestions for the government and some of the examples of SME policy in other countries. If the government can prevent shutdown of SMEs that come to around 70 per cent, these can contribute handsomely to the national economy.
The hand book could be an eye-opener and a good reference book for students and enterprises as well.

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Book: Sana Tatha Majhaula Uddham Charan Ra Chunauti (Small and Medium Entreprises: Process and Challenges)
Publisher: Bizmantra
Pages: 147
Price: Rs 100

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