Enterprise Officer

Small and medium-sized enterprises (SMEs) are businesses whose worker numbers fall under certain limits. Sometimes SMEs exceeded big companies by a wide margin and also employ many more individuals. In developing nations, small and informal organizations have a larger share than in developed countries. SMEs are responsible for direct innovations and competition in the various economic sector. It is a major source to generate more new job opportunities than big firms. 

Small & Medium Enterprises Development Act, 2006 – the act was notified in September 2006 to categorize enterprises depending on their investment size and the nature of the activity handled by that enterprise. As per the act, enterprises are categorized into two categories i.e. manufacturing enterprises and service enterprises.