Sri Lanka, March 31 -- Small and medium scale enterprises (SMEs), comprising trade, service, and manufacturing, put in a large proportion of revenue, employment, and innovation to the Sri Lankan economy. In Sri Lanka, SMEs make up for 52 percent of the GDP and 45 percent of national employment, contributing, perhaps, the largest portion to the economy.

While more effective Government involvement is required, the SME sector entrepreneurs continuously insist that such State backing is not satisfactory for their survival and growth.

Sri Lanka's SME sector forms the backbone of its economy, contributing significantly to the Gross Domestic Product (GDP), employment generation, exports, social welfare, and innovation. With a large number of S...