Challenges of MSMEs - Phenomenon of duverification as government benefits go away as they grow big, Issues in accessing timely credit, Delay in payments, Availability of skilled human resource in some states, and over-regulation in some states

Challenges of MSMEs: (1) Phenomenon of duversification as government benefits go away as they grow big. (2) Issues in accessing timely credit. (3) Delay in payments, Availability of skilled human resource in some states, and over-regulation in some states. In conclusion, MSMEs have great potential but are need to reforms to enhance ease of Doing Business for MSMEs.