Employment Generation and Developmental Initiative Advisory Services:-

• Sustainable Development and Inclusive Growth
If we look at global poverty, the disparity between rich and poor is increasing. The disparity is there in developed world and it is speedily increasing in developing world. This increase in disparity and failure of development model has increase the frustration of youths. These are just demanding work and nothing more. Unfortunately the present model does not have solution for this. There is strong need for a model which is inclusive and can reduce poverty. Only one thing which can bring peace is inclusive growth model where everyone has fair chance of growth and development. The basic reason behind the conflict is exploitation and disparity.
Opportunity: Is the economy generating more and varied ways for people to earn a living and increase their incomes over time?
Capability: Is the economy providing the means for people to create or enhance their capabilities in order to take advantage of available opportunities?
Access: Is the economy providing the means to bring opportunities and capabilities together?
Security: Is the economy providing the means for people to protect themselves against a temporary or permanent loss of livelihood?
Consistent with this definition, 'inclusive growth' is a process, in which, economic growth, measured by a sustained expansion in GDP, contributes to an enlargement of the scale and scope of all four dimensions.
To return briefly to the relationship between inequality and exclusiveness/inclusiveness, income enters the picture primarily through the 'opportunity' dimension. However, it is critical to understand that 'income' is the result of an opportunity being exploited.
Inclusive growth by its very definition implies an equitable allocation of resources with benefits accruing to every section of society, which is a utopian concept. But the allocation of resources must be focused on the indented short and long terms benefits and economic linkages at large and not just equitable mathematically on some regional and population criteria.

• Importance of Micro, Small and Medium Enterprise in Inclusive Development (MSME)
Worldwide, the micro small and medium enterprises (MSMEs) have been accepted as the engine of economic growth and for promoting equitable development. The major advantage of the sector is its employment potential at low capital cost. The labour intensity of the MSME sector is much higher than that of the large enterprises. The MSMEs constitute over 90% of total enterprises in most of the economies and are credited with generating the highest rates of employment growth and account for a major share of industrial production and exports. In India too, the MSMEs play a pivotal role in the overall industrial economy of the country. In recent years the MSME sector has consistently registered higher growth rate compared to the overall industrial sector. With its agility and dynamism, the sector has shown admirable innovativeness and adaptability to survive the recent economic downturn and recession.
Micro, small, and medium enterprises (MSMEs) are defined as any business activity/enterprise engaged in industry, agri-business/services, whether single proprietorship, cooperative, partnership, or corporation whose total assets, inclusive of those arising from loans but exclusive of the land on which the particular business entity's office, plant and equipment are situated, must have value falling under the following categories:

Role and Importance of MSMEs
• MSMEs play a major role in the country's economic development through their contribution in the following: rural industrialization; rural development and decentralization of industries; creation of employment opportunities and more equitable income distribution; use of indigenous resources; earning of foreign exchange (forex) resources; creation of backward and forward linkages with existing industries; and entrepreneurial development.
• They are vital in dispersing new industries to the countryside and stimulating gainful employment. A country like the Philippines where labor is abundant has much to gain from entrepreneurial activities. MSMEs are more likely to be labor-intensive. Thus, they generate jobs in the locality where they are situated. In this sense, they bring about a more balanced economic growth and equity in income distribution.
• MSMEs are quick in assimilating new design trends, developing contemporary products, and bringing them to the marketplace ahead of the competition. MSMEs tend to be far more innovative in developing indigenous or appropriate technology, which may be grown later into pioneering technological breakthroughs.
• They are able to effectively increase the local content or the value added in final goods that are processed and marketed by large manufacturing firms.
• MSMEs are notably skillful in maximizing the use of scarce capital resources and are able to partner with large firms by supplying locally available raw materials in unprocessed or semi-processed forms.
• Also, MSMEs can act as the seedbed for the development of entrepreneurial skills and innovation. They play an important part in the provision of services in the community. They can make an important contribution to regional development programs.

MSMEs' Contribution to the Economy
MSMEs contribute to the creation of wealth, employment, and income generation, both in rural and urban areas, thus, ensuring a more equitable income distribution. They also provide the economy with a continuous supply of ideas, skills, and innovations necessary to promote competition and the efficient allocation of scarce resources.

• The Role of MSME Employment Generation Strategy Advisory Services

• MSME Development Strategy Advisory
• MSME Area and Industrial Park Development Advisory
• Capacity Building
• MSME Support and Advisory
• Marketing and Promotion Advisory
• Impact Assessment