Abstract
This paper delves into the financial, technological, awareness, and policy, related factors that restrain MSMEs in Tamil Nadu from making the transition from a linear economy to a circular economy model that is environmentally, socially, and economically sustainable. It fills the research gap by pinpointing location, specific obstacles and offering in, depth knowledge and suggestions for sustainable development. Based on secondary data, the study utilizes materials such as journal articles, books, reports, and conference papers obtained via Google Scholar and analyzed through a systematic review of the literature. The goals are to comprehend the circular economy concept in MSMEs and to recognize the principal barriers to its implementation. The study, uncovering a slew of issues, mentions the main challenges as the shortage of finance, lack of proper technology, unawareness, poor policy support, unstable market, supply chain problems, and deficiency of skills. It puts forward the necessity of a more robust policy framework, easing of finance and technology acquisition, launching of awareness campaigns, and initiation of skill development programs, all aimed at equipping MSMEs with the ability to adopt circular economy measures and thus attain sustainable and inclusive growth
Keywords: Circular Economy, MSMEs, Implementation Barriers, Sustainable Development
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