Commercial Treatise on Micro, Small and Medium Enterprises By Dr. Rajeev Babel 2nd Edition January 2026

Treatise on Micro, Small and Medium Enterprises By Dr. Rajeev Babel

Treatise on Micro, Small and Medium Enterprises By Dr. Rajeev Babel

About the Book 

This second edition of Treatise on Micro, Small and Medium Enterprises, updated for 2026, offers an authoritative and comprehensive examination of the legal, policy, and institutional framework governing MSMEs in India. Designed as a definitive reference work, the book systematically presents the statutory provisions, government policies, regulatory mechanisms, and support structures affecting micro, small, and medium enterprises, without unnecessary commentary, making it highly suitable for academic study, professional practice, and legal reference.

The book is structured into 13 parts comprising 40 chapters, providing in-depth coverage of the evolution of industrial policy, including Industrial Policy Statements from 1948 to 1980 and the Industrial Policy Reforms post-1991. It examines the role, functions, and organization of the Ministry of MSME and details the legal framework under key legislations such as the Micro, Small and Medium Enterprises Development Act, 2006, the Industries (Development and Regulation) Act, 1951, the Khadi and Village Industries Commission Act, 1956, and the Factories Act, 1948.

This edition comprehensively covers government schemes and promotional measures for MSMEs, including credit-linked subsidy schemes, cluster development programmes, technology upgradation initiatives, and support for khadi, village, and coir industries. It elaborates on priority sector lending norms, RBI guidelines for MSME financing, restructuring of advances, revival and rehabilitation frameworks, and the role of institutions such as SIDBI, NABARD, and MUDRA.

About the Author

Dr. Rajeev Babel – Company Secretary, Insolvency Professional & Certified Independent Director. The author is a Fellow Member of the Institute of Company Secretaries of India, New Delhi and an Associate Member of the Indian Institute of Banking and Finance, Mumbai. He is a Certified Independent Director of the Indian Institute of Corporate Affairs, New Delhi and is enrolled as an Insolvency Professional with the Insolvency and Bankruptcy Board of India, New Delhi. He had privileged of working for 30 years in the banking domain in managerial capacity with the erstwhile Bank of Rajasthan Ltd. and ICICI Bank Ltd. Having interest in academic field, he appeared as visiting faculty with various Professional & Management Institutes.