This Paper begins with an overview of the SME sector. It argues why SMEs’ growth
Potential for employment, income generation, and poverty reduction remains largely
untapped. It also highlights Government of Pakistan’s policies for SME growth and their
effectiveness with specific reference to constraints faced by firms influencing their
productivity and competitiveness. A snapshot of present strategies, adopted for SME
growth is also a part of this Paper along with a detailed commentary on the possible
avenues for intervention in order to achieve common vision of SME development
accruing benefits to the National economy