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2. Contribution to manufacturing employment
Two Types of Enterprises:-
1. Manufacturing Enterprises
2. Non-Manufacturing Enterprises
? ILO is main contributor to the discussion of microfinance.
? They published many papers during (1970’s, 1980’s and 1990’s)
? They indicated that in the area of LDC’s micro enterprise sector is most important.
? As micro enterprises are there for longer time but it is not graduating
? So for government policy incitation is required.
Reasons for Failure:
(Why micro enterprises could not graduate)
1. Lack of Vision
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