New Delhi, Apr 9 (KNN) The newly elected President of Confederation of Indian Industry (CII) S Gopalakrishnan called on Prime Minister Manmohan Singh here yesterday to discuss the difficulties faced by micro, small and medium enterprises among other issues.

SMEs in India face a number of problems - absence of adequate and timely banking finance, non-availability of suitable technology, ineffective marketing due to limited resources and non-availability of skilled manpower.

The sector contributes around 9 per cent of GDP; accounts for around 45 per cent of the manufacturing output and around 36 per cent of total value of exports.   It employs nearly 8 crore persons. (KNN)


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