Most of the MSMEs in India want to continue as dwarf enterprises and do not want to grow primarily due to a fear of losing out on benefits enjoyed. They manage their turnover within the low limits. Revealed in the Economic Survey 2018-19, these dwarf MSMEs contribute 8% to productivity and account for 14% of the employment. In contrast, large firms with more than 100 employees account for 75% of the employment base and contribute close to 90% of the productivity.
M.K. Padma Kumar is involved in developing strategies and managing operations for the IPE Global Group.
He has over 25 years of experience in the development sector, working in civil society organisations and international development agencies like DANIDA and DFID. As the Head of State Partnerships at the DFID India, he was responsible for developing partnerships, programme design, management and strategic oversight of all programmes implemented in Bihar, Madhya Pradesh and Odisha. He has managed various development programmes. His expertise lies in driving operational, financial and programmatic transformations. Before DFID, he was associated with Danish International Development Agency (DANIDA), Help Age and World Wildlife Fund.
He holds a Master’s degree in Business Management with specialisation in Human Resource Management and Finance. He is extensively trained in Project Cycle Management, Grant Management, Performance Management, Leadership Skills and Change Management.
