This document discusses institutional assistance for Dalit entrepreneurs in India. It begins by defining Dalit entrepreneurs and outlining some of the challenges they face, such as social pressures and lack of networks. It then discusses several institutions that provide financial assistance to Dalit entrepreneurs, including the National Scheduled Caste Finance and Development Corporation, Tamil Nadu Adi Dravidar Housing and Development Corporation, and National Commission for Scheduled Castes. The document also reviews several studies on issues facing Dalit entrepreneurs and the need for increased institutional support through loans, procurement policies, and relaxed collateral norms.
Operational Performance of Andhra Pradesh State Financial Corporation APSFCijtsrd
Andhra Pradesh State Financial Corporation APSFC , a State Level Development Financial Institution DFI , was established in 1956 for promoting Small and Medium Enterprises SMEs in the State of Andhra Pradesh under the provisions of the State Financial Corporation SFC Act,1951, with a prime focus on infusing entrepreneurial spirit among entrepreneurial class. It also provides term loans, working capital term loans, and special seed capital assistance to SMEs thereby contributing Balanced Regional Development. Today, more than six crore MSMEs contribute 8 percent to India's GDP, 6.11 percent to its total manufacturing output, and 24.6 percent in services.1India's MSMEs are at the heart of India's growth story. There are more than 6.3 crore MSMEs in the country generating employment for nearly 111 million Indians and creating nearly 1.3 million jobs every year. The entrepreneurial growth and development they contribute are not restricted to the urban areas only. Of the 55.8 million MSMEs, 59 per cent are based in rural India. The segment contributes close to 45 per cent to India's manufacturing output, over 40 percent to our exports, and about 8 percent to our GDP. However, how so far this credit development is able to contribute to the development of micro small and medium industries needs an extensive examination. The present paper is concerned to analyze some of the direct effects of credit support given by APSFC to micro small and medium enterprises development in Andhra Pradesh over a period of time from 2007 08 to 2018 19. Dr. P. S. Ravindra "Operational Performance of Andhra Pradesh State Financial Corporation (APSFC)" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-4 , June 2020, URL: https://www.ijtsrd.com/papers/ijtsrd30990.pdf Paper Url :https://www.ijtsrd.com/management/accounting-and-finance/30990/operational-performance-of-andhra-pradesh-state-financial-corporation-apsfc/dr-p-s-ravindra
This document discusses various institutions that provide support to entrepreneurs in India. It describes that these institutions are headed by central and state governments and are classified according to the services they provide such as financial, training, and technical institutes. Some of the key institutions that support entrepreneurs mentioned are IDBI, IFCI, UTI Bank, NABARD, and ICICI Banks. NABARD specifically aims to uplift rural India and contributes through self-help groups, farmers clubs, and programs for women development and rural marketing. Commercial banks also provide important support to entrepreneurs through business loans, investment products, and security services.
This document discusses various organizations that provide entrepreneurship development programs (EDPs) and marketing development programs (MDPs) in India, including:
- The National Institute for Entrepreneurship and Small Business Development (NIESBUD), which helps coordinate EDP activities and provides training programs.
- Small Industries Service Institutes (SISIs), which provide training programs, workshops, apprenticeships, and advice to small businesses.
- The Entrepreneurship Development Institute of India (EDI), which develops innovative training techniques and conducts EDP programs both in India and other countries.
- The Development Commissioner (Handicrafts), which assists women entrepreneurs through programs focused on
Support system and its role in entrepreneurial development in India..shadabjamia88
This is a dissertation on Support system and its role in Entrepreneurial development in India....
it was prepared by HASEEB AHMAD SHADAB, A STUDENT OF MASTER OF FINANCE AND CONTROL MFC, IN ALIGARH MUSLIM UNIVERSITY ALIGARH U.P.
Microfinance and Entrepreneurship DevelopmentIJLT EMAS
The roots of Microfinance were seen in the 19th century but these little roots took the shape of trees in the 20th century. These trees were grown by a very famous personality named Prof. Mohammed Yunus. He won noble prize for this work. He was very much moved emotionally by seeing the financially poor condition of his countrymen and that emotional outlet was in form of Microfinance under Grameen Model for the development and poverty alleviation and uplifting the standard of living of his countrymen. Seeing this tree grow many nations all over the world thought of joining hands and to make theses scattered trees grow into a dense forest. And their efforts really started bearing fruits on these trees. In the same time NABARD (National Bank for agricultural and Rural Development) took the initiative to bring the same changes in the rural areas of India. And as the time moved further the gloomy faces of people started changing into the smiling faces as slowly and steadily money started rolling into their hands and they started to move out of the clutches of money lenders. “Microfinance in India works under 4 major models a) Self Help Group b) Grameen Model c) Joint Liability Group d) Co-operative society”- [1]
Microfinance Institutions are in great favor of lending money to female category of the society because they feel the female fraternity is very much sensitive towards their family so they work hard order to repay the loan amount well in time. Microfinance works at the very root level so the major economic disturbances like the issue of 2007 and 2011 does not have the impact on economic life of the citizen of nation. Microfinance has the major role to play in the flagship programme of government of India started by Sh. Narendera Modi for example skill India, Start-up India, Make In India.
And a place to link the major 4M’s of a business to give a start to some kind of Manufacturing and Selling is known an Enterprise and the person who links all these 4M’s in such a manner that maximum return can be generated through operational activity of an Enterprise is known as an Entrepreneur. The process of developing and making a positive growth in enterprise, entrepreneur and ultimately the society is known as Entrepreneurship. And when there is an increment in entrepreneurial skills and knowledge through some structured training is known as Entrepreneurship Development. “The best example of Entrepreneurial Success is Dhirubhai ambani-founder of Reliance Group and also according to the report of NSSO out of every 1000 Indians 250 are self employed ”[2]
This document discusses various types of institutional finance available to entrepreneurs in India from government agencies, including equity capital, term loans, and working capital. It outlines several agencies that provide financing such as commercial banks, the Industrial Development Bank of India (IDBI), the Industrial Finance Corporation of India (IFCI), the Industrial Credit and Investment Corporation of India (ICICI), and the Small Industries Development Bank of India (SIDBI). Each agency offers different loan terms and interest rates targeted towards small businesses and entrepreneurs.
This document discusses financial inclusion and credit options for micro, small, and medium enterprises (MSMEs) in India. It defines MSMEs and microenterprises according to Indian law. It outlines past financing initiatives for MSMEs by public sector banks and the Small Industries Development Bank of India. It also discusses the importance of microloans for very small businesses and entrepreneurs in alleviating poverty. Overall, the document examines the credit needs of MSMEs and various government efforts to enhance access to financing.
This document discusses various development banks in India including IFCI, IDBI, SIDBI, and EXIM Bank. It provides information on when each bank was established, their objectives, functions, and financing programs. IFCI was established in 1948 to promote new entrepreneurs and indigenous technology. SIDBI was established in 1989 as a wholly owned subsidiary of IDBI to provide financing, coordination, development, and promotion support to small and medium enterprises. EXIM Bank was established in 1982 to provide export assistance and promote international trade through programs like export credit, film financing, and export services. The document outlines the roles these banks play in accelerating industrialization and infrastructure development in India.
Operational Performance of Andhra Pradesh State Financial Corporation APSFCijtsrd
Andhra Pradesh State Financial Corporation APSFC , a State Level Development Financial Institution DFI , was established in 1956 for promoting Small and Medium Enterprises SMEs in the State of Andhra Pradesh under the provisions of the State Financial Corporation SFC Act,1951, with a prime focus on infusing entrepreneurial spirit among entrepreneurial class. It also provides term loans, working capital term loans, and special seed capital assistance to SMEs thereby contributing Balanced Regional Development. Today, more than six crore MSMEs contribute 8 percent to India's GDP, 6.11 percent to its total manufacturing output, and 24.6 percent in services.1India's MSMEs are at the heart of India's growth story. There are more than 6.3 crore MSMEs in the country generating employment for nearly 111 million Indians and creating nearly 1.3 million jobs every year. The entrepreneurial growth and development they contribute are not restricted to the urban areas only. Of the 55.8 million MSMEs, 59 per cent are based in rural India. The segment contributes close to 45 per cent to India's manufacturing output, over 40 percent to our exports, and about 8 percent to our GDP. However, how so far this credit development is able to contribute to the development of micro small and medium industries needs an extensive examination. The present paper is concerned to analyze some of the direct effects of credit support given by APSFC to micro small and medium enterprises development in Andhra Pradesh over a period of time from 2007 08 to 2018 19. Dr. P. S. Ravindra "Operational Performance of Andhra Pradesh State Financial Corporation (APSFC)" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-4 , June 2020, URL: https://www.ijtsrd.com/papers/ijtsrd30990.pdf Paper Url :https://www.ijtsrd.com/management/accounting-and-finance/30990/operational-performance-of-andhra-pradesh-state-financial-corporation-apsfc/dr-p-s-ravindra
This document discusses various institutions that provide support to entrepreneurs in India. It describes that these institutions are headed by central and state governments and are classified according to the services they provide such as financial, training, and technical institutes. Some of the key institutions that support entrepreneurs mentioned are IDBI, IFCI, UTI Bank, NABARD, and ICICI Banks. NABARD specifically aims to uplift rural India and contributes through self-help groups, farmers clubs, and programs for women development and rural marketing. Commercial banks also provide important support to entrepreneurs through business loans, investment products, and security services.
This document discusses various organizations that provide entrepreneurship development programs (EDPs) and marketing development programs (MDPs) in India, including:
- The National Institute for Entrepreneurship and Small Business Development (NIESBUD), which helps coordinate EDP activities and provides training programs.
- Small Industries Service Institutes (SISIs), which provide training programs, workshops, apprenticeships, and advice to small businesses.
- The Entrepreneurship Development Institute of India (EDI), which develops innovative training techniques and conducts EDP programs both in India and other countries.
- The Development Commissioner (Handicrafts), which assists women entrepreneurs through programs focused on
Support system and its role in entrepreneurial development in India..shadabjamia88
This is a dissertation on Support system and its role in Entrepreneurial development in India....
it was prepared by HASEEB AHMAD SHADAB, A STUDENT OF MASTER OF FINANCE AND CONTROL MFC, IN ALIGARH MUSLIM UNIVERSITY ALIGARH U.P.
Microfinance and Entrepreneurship DevelopmentIJLT EMAS
The roots of Microfinance were seen in the 19th century but these little roots took the shape of trees in the 20th century. These trees were grown by a very famous personality named Prof. Mohammed Yunus. He won noble prize for this work. He was very much moved emotionally by seeing the financially poor condition of his countrymen and that emotional outlet was in form of Microfinance under Grameen Model for the development and poverty alleviation and uplifting the standard of living of his countrymen. Seeing this tree grow many nations all over the world thought of joining hands and to make theses scattered trees grow into a dense forest. And their efforts really started bearing fruits on these trees. In the same time NABARD (National Bank for agricultural and Rural Development) took the initiative to bring the same changes in the rural areas of India. And as the time moved further the gloomy faces of people started changing into the smiling faces as slowly and steadily money started rolling into their hands and they started to move out of the clutches of money lenders. “Microfinance in India works under 4 major models a) Self Help Group b) Grameen Model c) Joint Liability Group d) Co-operative society”- [1]
Microfinance Institutions are in great favor of lending money to female category of the society because they feel the female fraternity is very much sensitive towards their family so they work hard order to repay the loan amount well in time. Microfinance works at the very root level so the major economic disturbances like the issue of 2007 and 2011 does not have the impact on economic life of the citizen of nation. Microfinance has the major role to play in the flagship programme of government of India started by Sh. Narendera Modi for example skill India, Start-up India, Make In India.
And a place to link the major 4M’s of a business to give a start to some kind of Manufacturing and Selling is known an Enterprise and the person who links all these 4M’s in such a manner that maximum return can be generated through operational activity of an Enterprise is known as an Entrepreneur. The process of developing and making a positive growth in enterprise, entrepreneur and ultimately the society is known as Entrepreneurship. And when there is an increment in entrepreneurial skills and knowledge through some structured training is known as Entrepreneurship Development. “The best example of Entrepreneurial Success is Dhirubhai ambani-founder of Reliance Group and also according to the report of NSSO out of every 1000 Indians 250 are self employed ”[2]
This document discusses various types of institutional finance available to entrepreneurs in India from government agencies, including equity capital, term loans, and working capital. It outlines several agencies that provide financing such as commercial banks, the Industrial Development Bank of India (IDBI), the Industrial Finance Corporation of India (IFCI), the Industrial Credit and Investment Corporation of India (ICICI), and the Small Industries Development Bank of India (SIDBI). Each agency offers different loan terms and interest rates targeted towards small businesses and entrepreneurs.
This document discusses financial inclusion and credit options for micro, small, and medium enterprises (MSMEs) in India. It defines MSMEs and microenterprises according to Indian law. It outlines past financing initiatives for MSMEs by public sector banks and the Small Industries Development Bank of India. It also discusses the importance of microloans for very small businesses and entrepreneurs in alleviating poverty. Overall, the document examines the credit needs of MSMEs and various government efforts to enhance access to financing.
This document discusses various development banks in India including IFCI, IDBI, SIDBI, and EXIM Bank. It provides information on when each bank was established, their objectives, functions, and financing programs. IFCI was established in 1948 to promote new entrepreneurs and indigenous technology. SIDBI was established in 1989 as a wholly owned subsidiary of IDBI to provide financing, coordination, development, and promotion support to small and medium enterprises. EXIM Bank was established in 1982 to provide export assistance and promote international trade through programs like export credit, film financing, and export services. The document outlines the roles these banks play in accelerating industrialization and infrastructure development in India.
Role of microfinance in promoting micro entrepreneurshipVijayakumar Kumar
This document discusses the role of microfinance in promoting micro-entrepreneurship in India. It begins by defining key terms like microenterprise and microfinance. Microenterprises are very small businesses, often with just one employee owner, while microfinance provides small loans and other financial services to the poor. The document then outlines the various models of microfinance that have been implemented in India, including self-help groups linked to banks. It argues that microenterprises are important for employment generation and poverty alleviation in rural areas. Access to microfinance can play a key role in meeting the credit needs of the rural poor to start micro-businesses.
The document discusses various institutions that support entrepreneurs in India, including:
- Small Industries Development Bank of India (SIDBI) and National Bank for Agriculture and Rural Development (NABARD) which provide financing support.
- State Small Industries Development Corporations (SIDCOs) which construct industrial estates and provide infrastructure support.
- Indian Institute of Entrepreneurship (IIE) which provides training, research, and consultancy for small and micro enterprises.
A STUDY ON PROFITABILITY OF MSME LENDING BUSINESS FOR BANKS IN INDIAJohn1Lorcan
Micro Small and Medium enterprises play a very important role in India economy. MSMEs face several
problems, non-availability of finance is an important challenge for MSMEs in India. Among MSMEs,
micro unit face even more challenges as compared to medium and small enterprises. This research paper
is a study on the profitability of MSME loans given by banks in India. The analyses conclude that the
growth of MSMEs is higher than the growth of GDP and hence MSMEs are driving growth of the country;
MSMEs are paying higher rate of interest and hence banks generate better interest income on these loans;
and the NPAs in MSME accounts are lesser than the NPAs in large accounts. Hence the study concludes
that lending to MSMEs by banks is more remunerative and is also helping the country increase its GDP
growth and employment. Therefore, the banks should provide more loans to MSMEs by simplifying their
processes.
The document outlines various government schemes in India to promote entrepreneurship including Startup India, Make in India, Atal Innovation Mission, STEP, JAM, BIRAC, Stand-Up India, TREAD, PMKVY, and the National Skill Development Mission. The schemes provide funding, loans, training, incubator support, and skill development initiatives to foster innovation, entrepreneurship, and job growth, especially for women, scheduled castes, tribes, and other underprivileged groups.
The document discusses several Indian institutions that provide support for entrepreneurs and small businesses. The National Institute for Entrepreneurship and Small Business Development (NIESBUD) was established in 1983 to coordinate entrepreneurship development activities across institutions. The Entrepreneurship Development Institute of India (EDII) and Small Industries Service Institutes (SISIs) provide training programs and technical support services. District Industries Centers (DICs) promote small industries at the district level. The National Entrepreneurship Development Board (NEDB) recommends schemes to promote self-employment.
Role of government in promoting entrepreneurshipSimran Kaur
This document discusses the role of the Indian government in promoting entrepreneurship. It outlines India's national innovation system, including research councils and institutions. It notes challenges such as fragmented policies, inadequate funding and infrastructure. Recent positive steps include new incubators and startup funds. The document recommends business-friendly laws and regulations, intellectual property protection, education and infrastructure investment to strengthen the innovation ecosystem and support entrepreneurs.
finance and institutional support for entreprenurshipSameer Chandrakar
This document discusses various aspects of financing an enterprise, including financial planning, estimating capital needs, classifying financial needs, and identifying sources of finance. It covers the importance of financial planning, factors to consider in estimating money needed, ways to classify financial needs based on use and permanence, and internal and external sources of finance. Institutional support for entrepreneurs from organizations like NSIC, SIDO, SSIB, and industrial estates is also summarized. The document provides an overview of financing considerations and support structures for new enterprises.
This document discusses SME financing in Bangladesh. It begins with an introduction to microcredit and SMEs, noting their importance for economic development and job creation. It then provides definitions for small and medium enterprises.
The bulk of the document discusses steps taken by Bangladesh Bank to promote SME financing, including refinance schemes, dedicated desks in banks, and targets for SME loan disbursement. Special arrangements are outlined for women entrepreneurs, including allocating 15% of refinance funds for women and interest rates not exceeding 10% for women borrowers.
Potential sectors for SMEs in Bangladesh are also listed, including agro-based industries, fishing, IT, clothing, and retail.
The document discusses District Industrial Centers (DICs) in India. DICs were established to promote small-scale and village industries at the district level. By 1998, 422 DICs had been set up across India to provide entrepreneurial support services under one roof, including registration, infrastructure assistance, incentives, seminars, and self-employment schemes. DICs have helped generate additional employment and new business units, though some lack of information remains a barrier for people accessing their services.
Institutional support for business enterprisesMubarak S
The document discusses various types of institutional support provided by the government and government-supported organizations to promote business enterprises in India. It outlines the stages of business promotion that these institutions assist with, including inception, operational, and expansion stages. Finally, it lists specific national and state-level institutions that provide financing, training, marketing assistance and other resources to help entrepreneurs at different stages of their business development.
Government policies aim to promote entrepreneurship for economic benefits like job creation and development. Policies include programs run by organizations like NABARD, NSIC, SIDBI that provide financing and support services. Challenges include streamlining regulations and improving infrastructure and access to information. Suggestions are to simplify procedures, reduce controls and paperwork to enable entrepreneurs to focus on production.
institutional support in EntrepreneurshipSahil Kamdar
This document outlines the various support organizations that provide assistance to entrepreneurs in India at different stages of business development. It discusses central and state government institutions as well as non-government organizations that support entrepreneurs. Central government groups outlined include the Small Scale Industries Board, NABARD, SIDO, NSIC, and SIDBI. Key state government supporters mentioned are State Financial Corporations, SSIDCs, and TCOs. Non-governmental assistance comes from ICSI and LUB. The framework for starting a business in India involves general information gathering, project reports, financial assistance, and marketing support from these various organizations.
The Roles of Government And Banks in Entrepreneurship Financing in Nigeriascmsnoida5
The industrialization policy of most developed
and developing nations in the past laid emphasis
on economy of scale which is a concept that
emphasizescost effectiveness through large scale
production. This idea which holds the view that
large scale corporations were the pillar stone of
the modern economy prevailed for greater part
of the 20th century. In recent times, however,
this idea has changed and the importance of
small and medium scale enterprises- SMEs as
the bedrock of industrial development is gaining
prominence. Entrepreneurship development is a
concept concerned with the formation, financing,
growth and expansion of business enterprises
most especially small and medium scale in
an economy with the objective of achieving
economic growth and development.In Nigeria,
since independence, and since when the idea of
entrepreneurship development was introduced in
the 1970s and 1980s, various programmes and
policies were created by successive governments over the years for the development and financing
of enterprises to improve the economy. Also,
financial institutions, most especially the banks
have important roles to play in the development
and financing of entrepreneurship in the country.
Financing is one of the necessary prerequisites for
SMEs development; lack of finance represents a
major obstacle to their growth and development.
This write up will be an attempt to look into
the roles of both government and banks in
entrepreneurship development and financing in
achieving economic growth and development
in Nigeria. Relevant literature was reviewed
in the formulation of this write up. The main
source of informationused is secondary method
of data collection.The paper revealed that most
of the various programmes, policies and schemes
created by the government for the development
and financing of entrepreneurship were either
now moribund or have failed to meet up with
the purpose for which they were established. The
paper concludes that entrepreneurship is the need
of the day, therefore, authorities and the banks
should actively involve themselves in this task.
c.paramasivan Financial inclusion and its impact on economic developmentchelliah paramasivan
1) The document discusses financial inclusion and its impact on Dalit entrepreneurs in India. It analyzes how financial assistance from institutions like the Tamilnadu Industrial Investment Corporation (TIIC) promotes entrepreneurship among Dalits. [2) TIIC provides various loans and subsidies to micro, small and medium enterprises. About 40% of its assistance goes to first generation entrepreneurs, including Dalits. [3) The paper examines how schemes like capital subsidies, interest subsidies, and single window clearances have benefited Dalit entrepreneurs by improving their access to financial resources and strengthening their businesses.
Institutional support to small and medium enterprisesPranav Kumar Ojha
Institutional support is necessary at three stages of small and medium enterprise development: inception, day-to-day management, and expansion. This support comes from central and state government institutions as well as non-government organizations. Central government institutions that provide support include the Small Scale Industries Board, National Bank for Agriculture and Rural Development, Small Industries Development Organisation, and National Small Industries Corporation. At the state level, support is provided by organizations like State Financial Corporations, State Small Industries Development Corporations, and Technical Consultancy Organisations. Non-government support includes the Indian Council of Small Industries and Laghu Udyog Bharti.
Role of financial institutions in support of women entrepreneurial activities...uma reur
The document outlines the syllabus for the Women Entrepreneurship course in the 2nd semester of B.Com at Smt. V G Degree College for Women. It discusses 5 units that make up the course: 1) Introduction to women entrepreneurship, 2) Opportunities and challenges faced by women entrepreneurs, 3) Role of financial institutions in supporting women's entrepreneurial activities, 4) Government schemes for promoting women entrepreneurship, and 5) Project identification and formulation. Unit 3 specifically focuses on the role of organizations like SIDBI, DIC, CEDOK, and RUDSETI in providing long and short-term financing to support women entrepreneurs. The overall goal of the course is to familiarize
Institutional support to start up and incentives for ssiDr. Parul Chotalia
The document discusses the role and importance of small scale industries (SSI) in India's economic development. It outlines how SSIs have been classified in different ways over time, including by investment size, traditional vs modern industries, and for policy vs accounting purposes. The key organizations that support SSIs are also summarized, such as the Small Industries Development Bank of India (SIDBI), Technical Consultancy Organizations (TCOs), and State Industrial Development Corporations (SIDCs). Industrial estates, export promotion councils, and export consortia are also mentioned as important mechanisms for aiding small businesses.
Government initiatives to promote enterpreneurshipJoyita Dey
The document summarizes various government initiatives in India to promote entrepreneurship. It discusses policies and programs established by the Ministry of Micro, Small and Medium Enterprises including the MSMED Act 2006, schemes to support MSMEs, and national entrepreneurship institutes. It also outlines other initiatives like the National Science and Technology Entrepreneurship Board, National Competitiveness Programme, and support provided by organizations like SIDBI and the Entrepreneurship Development Institute of India. The government aims to promote entrepreneurship through initiatives related to skill development, credit access, technology commercialization, and entrepreneurship training programs.
The document discusses entrepreneurship and the role of financial institutions in promoting entrepreneurship in India. It provides definitions of entrepreneurship and outlines the impacts of entrepreneurial firms. It then describes some of the key organizations that support entrepreneurship development in India, including the Entrepreneurship Development Institute of India (EDII), Small Industries Development Bank of India (SIDBI), and National Institute for Entrepreneurship and Small Business Development (NIESBUD). It also includes data on credit flows from SIDBI and commercial banks to small scale industries over the period from 1990-1999.
Strategic management involves formulating, implementing, and evaluating cross-functional decisions to achieve organizational goals. It integrates various business functions like management, finance, production, R&D, and IT. Strategic management has three stages - formulation, implementation, and evaluation of strategies. In formulation, companies analyze their internal strengths/weaknesses and external opportunities/threats to develop long-term objectives and strategies. Implementation requires setting annual goals, policies, budgets and structures. Evaluation reviews performance and strategies based on changing internal and external factors. The purpose is to create new opportunities by capitalizing on strengths and responding to threats and weaknesses.
La cromatografía en capa fina es una técnica analítica rápida que permite separar compuestos orgánicos mediante su interacción diferencial con una fase estacionaria y una fase móvil. Se deposita la muestra cerca del borde inferior de una placa cubierta con un adsorbente como sílice o alúmina, y se sumerge la placa en un eluyente como hexano o acetato de etilo. Los compuestos se separan a medida que el eluyente asciende por capilaridad, y se cuantifica su retenc
Role of microfinance in promoting micro entrepreneurshipVijayakumar Kumar
This document discusses the role of microfinance in promoting micro-entrepreneurship in India. It begins by defining key terms like microenterprise and microfinance. Microenterprises are very small businesses, often with just one employee owner, while microfinance provides small loans and other financial services to the poor. The document then outlines the various models of microfinance that have been implemented in India, including self-help groups linked to banks. It argues that microenterprises are important for employment generation and poverty alleviation in rural areas. Access to microfinance can play a key role in meeting the credit needs of the rural poor to start micro-businesses.
The document discusses various institutions that support entrepreneurs in India, including:
- Small Industries Development Bank of India (SIDBI) and National Bank for Agriculture and Rural Development (NABARD) which provide financing support.
- State Small Industries Development Corporations (SIDCOs) which construct industrial estates and provide infrastructure support.
- Indian Institute of Entrepreneurship (IIE) which provides training, research, and consultancy for small and micro enterprises.
A STUDY ON PROFITABILITY OF MSME LENDING BUSINESS FOR BANKS IN INDIAJohn1Lorcan
Micro Small and Medium enterprises play a very important role in India economy. MSMEs face several
problems, non-availability of finance is an important challenge for MSMEs in India. Among MSMEs,
micro unit face even more challenges as compared to medium and small enterprises. This research paper
is a study on the profitability of MSME loans given by banks in India. The analyses conclude that the
growth of MSMEs is higher than the growth of GDP and hence MSMEs are driving growth of the country;
MSMEs are paying higher rate of interest and hence banks generate better interest income on these loans;
and the NPAs in MSME accounts are lesser than the NPAs in large accounts. Hence the study concludes
that lending to MSMEs by banks is more remunerative and is also helping the country increase its GDP
growth and employment. Therefore, the banks should provide more loans to MSMEs by simplifying their
processes.
The document outlines various government schemes in India to promote entrepreneurship including Startup India, Make in India, Atal Innovation Mission, STEP, JAM, BIRAC, Stand-Up India, TREAD, PMKVY, and the National Skill Development Mission. The schemes provide funding, loans, training, incubator support, and skill development initiatives to foster innovation, entrepreneurship, and job growth, especially for women, scheduled castes, tribes, and other underprivileged groups.
The document discusses several Indian institutions that provide support for entrepreneurs and small businesses. The National Institute for Entrepreneurship and Small Business Development (NIESBUD) was established in 1983 to coordinate entrepreneurship development activities across institutions. The Entrepreneurship Development Institute of India (EDII) and Small Industries Service Institutes (SISIs) provide training programs and technical support services. District Industries Centers (DICs) promote small industries at the district level. The National Entrepreneurship Development Board (NEDB) recommends schemes to promote self-employment.
Role of government in promoting entrepreneurshipSimran Kaur
This document discusses the role of the Indian government in promoting entrepreneurship. It outlines India's national innovation system, including research councils and institutions. It notes challenges such as fragmented policies, inadequate funding and infrastructure. Recent positive steps include new incubators and startup funds. The document recommends business-friendly laws and regulations, intellectual property protection, education and infrastructure investment to strengthen the innovation ecosystem and support entrepreneurs.
finance and institutional support for entreprenurshipSameer Chandrakar
This document discusses various aspects of financing an enterprise, including financial planning, estimating capital needs, classifying financial needs, and identifying sources of finance. It covers the importance of financial planning, factors to consider in estimating money needed, ways to classify financial needs based on use and permanence, and internal and external sources of finance. Institutional support for entrepreneurs from organizations like NSIC, SIDO, SSIB, and industrial estates is also summarized. The document provides an overview of financing considerations and support structures for new enterprises.
This document discusses SME financing in Bangladesh. It begins with an introduction to microcredit and SMEs, noting their importance for economic development and job creation. It then provides definitions for small and medium enterprises.
The bulk of the document discusses steps taken by Bangladesh Bank to promote SME financing, including refinance schemes, dedicated desks in banks, and targets for SME loan disbursement. Special arrangements are outlined for women entrepreneurs, including allocating 15% of refinance funds for women and interest rates not exceeding 10% for women borrowers.
Potential sectors for SMEs in Bangladesh are also listed, including agro-based industries, fishing, IT, clothing, and retail.
The document discusses District Industrial Centers (DICs) in India. DICs were established to promote small-scale and village industries at the district level. By 1998, 422 DICs had been set up across India to provide entrepreneurial support services under one roof, including registration, infrastructure assistance, incentives, seminars, and self-employment schemes. DICs have helped generate additional employment and new business units, though some lack of information remains a barrier for people accessing their services.
Institutional support for business enterprisesMubarak S
The document discusses various types of institutional support provided by the government and government-supported organizations to promote business enterprises in India. It outlines the stages of business promotion that these institutions assist with, including inception, operational, and expansion stages. Finally, it lists specific national and state-level institutions that provide financing, training, marketing assistance and other resources to help entrepreneurs at different stages of their business development.
Government policies aim to promote entrepreneurship for economic benefits like job creation and development. Policies include programs run by organizations like NABARD, NSIC, SIDBI that provide financing and support services. Challenges include streamlining regulations and improving infrastructure and access to information. Suggestions are to simplify procedures, reduce controls and paperwork to enable entrepreneurs to focus on production.
institutional support in EntrepreneurshipSahil Kamdar
This document outlines the various support organizations that provide assistance to entrepreneurs in India at different stages of business development. It discusses central and state government institutions as well as non-government organizations that support entrepreneurs. Central government groups outlined include the Small Scale Industries Board, NABARD, SIDO, NSIC, and SIDBI. Key state government supporters mentioned are State Financial Corporations, SSIDCs, and TCOs. Non-governmental assistance comes from ICSI and LUB. The framework for starting a business in India involves general information gathering, project reports, financial assistance, and marketing support from these various organizations.
The Roles of Government And Banks in Entrepreneurship Financing in Nigeriascmsnoida5
The industrialization policy of most developed
and developing nations in the past laid emphasis
on economy of scale which is a concept that
emphasizescost effectiveness through large scale
production. This idea which holds the view that
large scale corporations were the pillar stone of
the modern economy prevailed for greater part
of the 20th century. In recent times, however,
this idea has changed and the importance of
small and medium scale enterprises- SMEs as
the bedrock of industrial development is gaining
prominence. Entrepreneurship development is a
concept concerned with the formation, financing,
growth and expansion of business enterprises
most especially small and medium scale in
an economy with the objective of achieving
economic growth and development.In Nigeria,
since independence, and since when the idea of
entrepreneurship development was introduced in
the 1970s and 1980s, various programmes and
policies were created by successive governments over the years for the development and financing
of enterprises to improve the economy. Also,
financial institutions, most especially the banks
have important roles to play in the development
and financing of entrepreneurship in the country.
Financing is one of the necessary prerequisites for
SMEs development; lack of finance represents a
major obstacle to their growth and development.
This write up will be an attempt to look into
the roles of both government and banks in
entrepreneurship development and financing in
achieving economic growth and development
in Nigeria. Relevant literature was reviewed
in the formulation of this write up. The main
source of informationused is secondary method
of data collection.The paper revealed that most
of the various programmes, policies and schemes
created by the government for the development
and financing of entrepreneurship were either
now moribund or have failed to meet up with
the purpose for which they were established. The
paper concludes that entrepreneurship is the need
of the day, therefore, authorities and the banks
should actively involve themselves in this task.
c.paramasivan Financial inclusion and its impact on economic developmentchelliah paramasivan
1) The document discusses financial inclusion and its impact on Dalit entrepreneurs in India. It analyzes how financial assistance from institutions like the Tamilnadu Industrial Investment Corporation (TIIC) promotes entrepreneurship among Dalits. [2) TIIC provides various loans and subsidies to micro, small and medium enterprises. About 40% of its assistance goes to first generation entrepreneurs, including Dalits. [3) The paper examines how schemes like capital subsidies, interest subsidies, and single window clearances have benefited Dalit entrepreneurs by improving their access to financial resources and strengthening their businesses.
Institutional support to small and medium enterprisesPranav Kumar Ojha
Institutional support is necessary at three stages of small and medium enterprise development: inception, day-to-day management, and expansion. This support comes from central and state government institutions as well as non-government organizations. Central government institutions that provide support include the Small Scale Industries Board, National Bank for Agriculture and Rural Development, Small Industries Development Organisation, and National Small Industries Corporation. At the state level, support is provided by organizations like State Financial Corporations, State Small Industries Development Corporations, and Technical Consultancy Organisations. Non-government support includes the Indian Council of Small Industries and Laghu Udyog Bharti.
Role of financial institutions in support of women entrepreneurial activities...uma reur
The document outlines the syllabus for the Women Entrepreneurship course in the 2nd semester of B.Com at Smt. V G Degree College for Women. It discusses 5 units that make up the course: 1) Introduction to women entrepreneurship, 2) Opportunities and challenges faced by women entrepreneurs, 3) Role of financial institutions in supporting women's entrepreneurial activities, 4) Government schemes for promoting women entrepreneurship, and 5) Project identification and formulation. Unit 3 specifically focuses on the role of organizations like SIDBI, DIC, CEDOK, and RUDSETI in providing long and short-term financing to support women entrepreneurs. The overall goal of the course is to familiarize
Institutional support to start up and incentives for ssiDr. Parul Chotalia
The document discusses the role and importance of small scale industries (SSI) in India's economic development. It outlines how SSIs have been classified in different ways over time, including by investment size, traditional vs modern industries, and for policy vs accounting purposes. The key organizations that support SSIs are also summarized, such as the Small Industries Development Bank of India (SIDBI), Technical Consultancy Organizations (TCOs), and State Industrial Development Corporations (SIDCs). Industrial estates, export promotion councils, and export consortia are also mentioned as important mechanisms for aiding small businesses.
Government initiatives to promote enterpreneurshipJoyita Dey
The document summarizes various government initiatives in India to promote entrepreneurship. It discusses policies and programs established by the Ministry of Micro, Small and Medium Enterprises including the MSMED Act 2006, schemes to support MSMEs, and national entrepreneurship institutes. It also outlines other initiatives like the National Science and Technology Entrepreneurship Board, National Competitiveness Programme, and support provided by organizations like SIDBI and the Entrepreneurship Development Institute of India. The government aims to promote entrepreneurship through initiatives related to skill development, credit access, technology commercialization, and entrepreneurship training programs.
The document discusses entrepreneurship and the role of financial institutions in promoting entrepreneurship in India. It provides definitions of entrepreneurship and outlines the impacts of entrepreneurial firms. It then describes some of the key organizations that support entrepreneurship development in India, including the Entrepreneurship Development Institute of India (EDII), Small Industries Development Bank of India (SIDBI), and National Institute for Entrepreneurship and Small Business Development (NIESBUD). It also includes data on credit flows from SIDBI and commercial banks to small scale industries over the period from 1990-1999.
Strategic management involves formulating, implementing, and evaluating cross-functional decisions to achieve organizational goals. It integrates various business functions like management, finance, production, R&D, and IT. Strategic management has three stages - formulation, implementation, and evaluation of strategies. In formulation, companies analyze their internal strengths/weaknesses and external opportunities/threats to develop long-term objectives and strategies. Implementation requires setting annual goals, policies, budgets and structures. Evaluation reviews performance and strategies based on changing internal and external factors. The purpose is to create new opportunities by capitalizing on strengths and responding to threats and weaknesses.
La cromatografía en capa fina es una técnica analítica rápida que permite separar compuestos orgánicos mediante su interacción diferencial con una fase estacionaria y una fase móvil. Se deposita la muestra cerca del borde inferior de una placa cubierta con un adsorbente como sílice o alúmina, y se sumerge la placa en un eluyente como hexano o acetato de etilo. Los compuestos se separan a medida que el eluyente asciende por capilaridad, y se cuantifica su retenc
Haiku Deck is a presentation tool that allows users to create Haiku-style slideshows. The tool encourages users to get started making their own Haiku Deck presentations, which can be shared on SlideShare. In just 3 sentences, it promotes creating Haiku Deck presentations and publishing them to SlideShare.
This project was completed during the Lviv Data Science Summer School 2016 (http://cs.ucu.edu.ua/en/summerschool). The project supervisor - Greg Morrison.
Political candidates make speeches not only to attract votes, but also to attract external funding from individuals who agree with their messages. As primary candidates drop out of the election, individual contributors will shift their support to alternate candidates that are the most preferable of the remaining candidates. In this project, students used US federal election finance data to assess how similar primary candidates are through the people that donate to them.
The Microtector III G888 is a small, lightweight 7-gas detector that can monitor up to 7 gases simultaneously using integrated sensors. It has wireless capability to transmit measurement data to a control center up to 1500m away. It uses electrochemical and infrared sensors to detect toxic, flammable, and oxygen levels. The device is rugged, water resistant, and easy to operate with intuitive buttons and display. It provides reliable detection of gases like methane, carbon dioxide, and others depending on the sensor configuration.
The document provides an overview of financial statement analysis. It discusses the primary types of financial statements, including the balance sheet and income statement. It then analyzes the balance sheet and income statement of Basket Wonders, a sample company, to calculate and examine different types of ratios including liquidity, leverage, activity, and profitability ratios. These ratios are used to evaluate the financial performance and position of Basket Wonders compared to industry averages.
The document discusses scheduling in operations management. Effective scheduling can save costs and increase productivity by establishing the timing of equipment, facilities, and human activities. The objectives of scheduling are to achieve trade-offs between efficient utilization and minimizing waiting times and costs. Scheduling encompasses allocating workloads and determining sequence of operations. It can be difficult due to variability, and there is no single optimal schedule. Minimizing difficulties includes setting realistic due dates and forecasting bottleneck operations.
This document provides an overview of forecasting. It defines forecasting as a statement about the future value of a variable of interest that is used for planning purposes. It then discusses how forecasts affect decision making across various organizational functions. The document outlines common features of forecasts, such as becoming less accurate over longer time horizons. It also describes different forecasting approaches, like judgmental, time series, and associative modeling. Time series techniques are explained in more detail, including identifying trends, seasonality, and cycles in time-ordered data. Specific time series forecasting methods like moving averages, weighted moving averages, and exponential smoothing are defined. The document concludes with a discussion and example of measuring forecast accuracy.
Lunch and Learn Initiative that I started to cover topics such as: Project Management, Presentation Skills, Leadership among other topics more suited during lunch.
Exploring new source of organic manure for fertilizer micro dose technology r...ICRISAT
The micro-dosing fertilizer application technology was designed to maximize the effects of small amounts of organic and inorganic fertilizers for small-scale farmers. While this technology currently relies on ruminant manure as an organic source, poultry production is increasing and will generate significant amounts of poultry manure. This provides an opportunity to use poultry manure in micro-dosing technology, as it is higher in nutrients than ruminant manure. Experiments tested different rates and sources of organic manure, alone and combined with synthetic fertilizer, on millet and sorghum crops. Poultry manure presented a complementary organic manure source for micro-dosing, with more significant effects under
O documento discute diferentes técnicas de cromatografia, incluindo cromatografia de troca iônica, exclusão de tamanho e afinidade. A cromatografia de troca iônica separa moléculas com base em suas cargas elétricas usando resinas carregadas, enquanto a exclusão de tamanho separa moléculas com base em seu tamanho usando géis porosos. A cromatografia de afinidade usa ligantes específicos acoplados a uma matriz para isolar proteínas ou out
El documento proporciona una introducción a las técnicas cromatográficas. Explica que la cromatografía involucra poner en contacto dos fases mutuamente inmiscibles, la fase estacionaria y la fase móvil. Define varios términos clave como fase estacionaria, fase móvil, elución y componentes de la muestra. También describe los principales mecanismos de separación cromatográfica como la adsorción, el reparto, la exclusión y el intercambio iónico. Finalmente
This document provides an overview of key concepts in tourism. It defines tourism and discusses its characteristics, objectives, growth drivers, types of tourists and destinations. It also examines various forms of tourism like religious, historical and adventure tourism. Finally, it outlines the economic benefits and components of the tourism industry.
Ready to build culture from the ground up? DH hosted a lunch-and-learn session on how culture can impact the success of your growing organization.
Together, we discussed the burning culture questions that keep you up at night such as:
• How to create and maintain a productive company culture as you scale
• How to resolve problematic areas that do not embody desired culture
• How to hire for and measure performance based on culture
In attendance were founders looking to develop a strong company culture from the start and leaders in Employee Experience, HR, Talent Management, Learning and Development, and People Operations.
To bring our coaches to your organization for a workshop, email us: culture@deliveringhappiness.com
Learn more: http://deliveringhappiness.com/services/
1. The document discusses financial inclusion and its impact on Dalit entrepreneurs in India. It focuses on how financial assistance programs from institutions like the Tamil Nadu Industrial Investment Corporation (TIIC) are helping Dalit entrepreneurs access loans, subsidies and other banking services.
2. TIIC provides various financial services including term loans, working capital loans, and special schemes to support micro, small and medium enterprises. It implements state and central government subsidy programs for assisted businesses.
3. By improving access to funding, financial inclusion is enabling more Dalits to start businesses and helping existing Dalit-run enterprises expand. However, the document notes that many Dalit entrepreneurs remain unaware of assistance opportunities.
Do you struggle to understand India's MSME sector? Our complete MSME 2024 insights bundle helps you comprehend India's MSME ecosystem and make smart business decisions. BTHAWK Compliance Services
Difficulties Small Business Face Due to Marekt Conditionsijtsrd
Micro, Small and Medium Enterprise (MSME) sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades. MSMEs not only play crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural & backward areas, thereby, reducing regional imbalances, assuring more equitable distribution of national income and wealth. MSMEs are complementary to large industries as ancillary units and this sector contributes enormously to the socio-economic development of the country. The researcher has tried to find out the possible difficulties that small enterprises face in the market. The reasons behind the failure of maximum small enterprises in Indian market. The market policies which effect such businesses and also the steps taken by the government to relief the small market enterprises. Some of the important policies have been discussed in the paper introduced by the government or which already exists. The researcher has tried to give solutions to solve such problems incurred by the SME'. The researcher has tried to find the existing governmental policies which will ease in doing business and also provide suggestions to solve the problems being faced by such business organisations. Arihant Agrawal"Difficulties Small Business Face Due to Marekt Conditions" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-2 | Issue-5 , August 2018, URL: http://www.ijtsrd.com/papers/ijtsrd17022.pdf http://www.ijtsrd.com/management/operations-management/17022/difficulties-small-business-face-due-to-marekt-conditions/arihant-agrawal
The document discusses SIDBI, an Indian financial institution that provides financing support to small and medium enterprises (SMEs). It notes that SMEs play an important role in India's economy, contributing to manufacturing, exports, employment, and GDP. SIDBI was established to boost SME industries through refinancing banks that provide loans to SMEs, as well as direct financing. Over time SIDBI has expanded its services and products to better support the financial needs of SMEs. It currently provides refinancing, bill financing, project financing, and other resources to help SME industries grow and develop.
Local Government Grants And Sme Performance, Evidence From Surakarta City, In...inventionjournals
This study analyzes effects of government direct spending to Small and Medium Entreprises (SME). Some scholars and policy makers belief that government should issues several industrial policies to strengthen SME performance. This study analyzes those policies in Surakarta city. In this study, we assess the effect of local government direct spending to SME such as, capital grants and low rate loan to their business performance. We conduct survey which involved 500 SME in manufacturing. Our resuls shows that capital grants and loan policy by local government in Surakarta has positive effect to SME assets, capital and turnover. This study shows that capital grant is more effective compare to other government assistance such as equipment grants and loan to increase SME’s business performance. In this study, industrial policy for SME is not limited to business regulation but it also include direct assistance from local government for these business organizations.
C.PARAMASIVAN ,PERIYAR EVR COLLEGE , TIRUCHIRAPPALLI Financial inclusion and ...chelliah paramasivan
This document discusses financial inclusion and its impact on Dalit entrepreneurs in India. It provides background on financial inclusion initiatives aimed at providing banking and financial services to Dalits. It then discusses how the Tamil Nadu Industrial Investment Corporation (TIIC) provides various loans, subsidies and schemes to support Dalit entrepreneurs through initiatives like the New Entrepreneur cum Enterprise Development Scheme. The document also provides data on the types of assistance, subsidies, capital structure and performance of TIIC in supporting Dalit entrepreneurs over the years.
Empowering MSMEs - Role of Banks & Financial Institutions, IT, Skill Developm...Resurgent India
MSMEs are nurseries for entrepreneurship, often driven by individual creativity and innovation, and make significant contribution to country’s GDP, manufacturing output, exports and employment generation. Moreover, MSMEs are imperative for achieving the national objective of growth with equity and inclusion.
Empowering MSMEs through financing and linkagesMisbah Hussain
This reports aims to help the MSME sector, especially in
east and north-eastern parts of the country, better
understand the challenges and devise strategies accordinglyto deal with the odds.
The document discusses MSME financing in India. It defines MSMEs and outlines their important role in the Indian economy. MSMEs face challenges obtaining financing due to perceptions of high risk. Formal sources meet only 22% of estimated MSME financing needs. The government has taken steps to improve the enabling environment for MSMEs through legal frameworks, support programs, and financial infrastructure schemes. However, more can be done regarding enabling infrastructure, liquidity management, and risk management to increase MSMEs' access to financing.
This document discusses micro, small and medium enterprises (MSMEs) in India and their role in the developing economy. It reviews literature on the challenges facing MSMEs, including lack of access to financing, high costs of credit, and inability to meet quality standards. MSMEs contribute significantly to employment but face difficulties in growing. The document aims to understand factors preventing MSME growth and recommend policy solutions to support the sector's potential and allow MSMEs to contribute more to India's development.
The document discusses various topics related to entrepreneurship development and small businesses in India, including:
1. It describes entrepreneurship development programs that help individuals improve their skills and knowledge for starting a business.
2. A project report is summarized as providing necessary details for establishing a manufacturing or service business, including general information, project description, market potential, costs, financing, and economic and social considerations.
3. Several organizations that support small businesses in India are introduced, such as the District Industries Center, Small Industries Development Organization, State Industries Development Corporations, National Small Industries Corporation, and others. Their roles in offering services like credit, training, marketing assistance and industrial development are briefly outlined.
Role of msme in indian economic developmentKushal Kumar
This document discusses the role of micro, small, and medium enterprises (MSMEs) in India's economic development. Some key points:
1) MSMEs are a major source of employment in India, providing millions of jobs and playing an important role in reducing poverty.
2) They account for about 45% of manufacturing output and 40% of exports in India. MSMEs employ over 60 million people across more than 26 million units.
3) The number of MSMEs, production, employment, exports, and investments have all steadily increased over the past few decades, demonstrating their significant contributions to India's economic growth.
This document discusses corporate governance issues in microfinance institutions (MFIs) in India. It provides background on the growth of microfinancing in India since the 1930s. Key developments include the establishment of self-help groups and expansion of microfinancing through commercial banks and non-profits. However, recent rapid growth of MFIs in India has raised concerns about lack of oversight and corporate governance. The document examines corporate governance challenges facing MFIs and potential solutions to ensure the long-term sustainability and social goals of microfinancing.
This document appears to be a student's dissertation on credit appraisal procedures at the Karnataka State Financial Corporation. It includes an introduction that provides background on the development of financial institutions and development banking in India. It then gives a brief profile of some major development banks such as IDBI, IFCI, SIDBI, and state financial corporations. The remainder of the document appears to focus on analyzing credit appraisal procedures and loan sanctioning practices of the Karnataka State Financial Corporation based on primary data collection and analysis. It includes chapters on literature review, research methodology, data analysis, findings, recommendations, and conclusions.
Role of specilized institution in development of ssiShaham Khan
The document discusses the role of specialized institutions in the development of small scale industries (SSI) in India. It outlines various types of specialized institutions at the all India, state, and fund-based levels that provide support to SSIs. These include institutions like the Small Industries Development Bank of India (SIDBI), State Financial Corporations (SFCs), District Industries Centers (DICs), and the Khadi and Village Industries Commission (KVIC) which work to promote and develop small businesses through various initiatives like loans, training programs, and marketing assistance.
Growth and Future Prospects of MSME in IndiaIJAEMSJORNAL
This document summarizes a research paper on the growth and future prospects of micro, small, and medium enterprises (MSMEs) in India. Some key points:
1) MSMEs play a vital role in the Indian economy, contributing about 45% of manufacturing output, 40% of exports, and creating employment for around 70 million people.
2) Over the past decades, the number of MSMEs, employment, investment, and output have grown significantly at compound annual growth rates of 11-18%.
3) However, MSMEs face challenges such as lack of access to finance, low productivity, and technology issues that have hindered faster growth.
4) The Indian government has
This document provides an overview of the role of financial institutions in India. It discusses the evolution of financial institutions from their foundation phase to the current reforms phase. It describes the various types of financial institutions in India including development banks, specialized institutions, state-level institutions, investment institutions, and non-banking financial companies. The document also outlines some of the key roles of financial institutions like providing services, mobilizing savings, and facilitating development. It discusses recent reports that aim to improve the financial services sector by 2020 with a focus on customer needs, inclusion, and tapping new market segments.
Growth of Micro, Small and Medium Enterprises in Manipurinventionjournals
Economic development and industrial development is considered as synonym and entrepreneurs play a major role in industrial development. Micro, Small and Medium Enterprises (MSMEs) extend to the necessary support and compliment to the beneficial effects of industrialization. Entrepreneurship is an important segment of economic growth and micro, small and medium enterprises play a key role in the industrialization of a state. It will also leads to economic development creating vast employment opportunities, redistribution of economic power and income, raising the standard of living for the people and also leads to reduction of regional imbalances, disparities in income, wealth and consumption etc. Manipur has got many areas of strength and opportunities that can raise the state into a developed state with the help of entrepreneurship and micro, small and medium enterprises are an important segment of the economy contributing substantially in the form of production, employment and exports. Numbers of registered industrial units fluctuates each year and this paper attempt to study the level of growth of these enterprises in the state. This paper also attempts to highlight the strength and weaknesses with the overview growth of micro, small and medium enterprises in Manipur.
Small industries development bank of indiaArushi Rajput
The Small Industries Development Bank of India (SIDBI) was founded in 1990 as the principal financial institution to promote, finance, and develop micro, small and medium enterprises in India. It was established as a wholly owned subsidiary of IDBI Bank under an Act of the Indian Parliament. SIDBI provides financing support to MSMEs, which contribute significantly to the Indian economy through production, employment, and exports. In addition to direct financing, SIDBI also engages in promotion, development, and coordination activities to strengthen the MSME sector.
The Rajiv Gandhi Udyami Mitra Yojana (RGUMY) scheme aims to provide handholding support and assistance to potential first generation entrepreneurs in India to help them successfully set up and manage their micro and small enterprises. The scheme will provide this support through selected lead agencies called "Udyami Mitras" who will help entrepreneurs with various procedural requirements, access funding, obtain necessary approvals and linkages. The Udyami Mitras will include existing entrepreneurship development institutions, MSME promotion organizations, public sector enterprises and other eligible agencies. They will assist entrepreneurs during startup and monitor their enterprises for initial months of operation.
Similar to C.PARAMASIVAN ,PERIYAR EVR COLLEGE , TIRUCHIRAPPALLI Role of sidbi in promotion of dalit entrepreneurs (20)
The document discusses the sustainability and success of MSMEs in India. Some key points:
- MSMEs are the backbone of India's socio-economic development, contributing about 30% of GDP and 40% of exports. They provide large employment opportunities.
- Recently, the government revised the classification criteria for MSMEs to include both investment levels and turnover.
- Studies have found that MSMEs have consistently contributed to the country's growth despite challenges. However, they need more support like access to finance, technology, and skills to improve competitiveness.
- Data shows that the number of MSME units and people employed has increased over time, but their contribution to GDP and exports has slowly
This document discusses a study on factors affecting customer satisfaction in e-banking. It begins with an introduction on how banks are adopting information and communication technologies to provide e-banking services and increase customer satisfaction. It then reviews literature on models for measuring service quality and factors influencing customer satisfaction. The objectives and hypotheses of the study are to assess the impact of service quality, brand perception, and perceived value on customer satisfaction in e-banking. The study uses a survey to collect data from 200 customers on their perceptions of these factors. Preliminary findings indicate most respondents are male, between 25-50 years old, educated to the graduate level or higher, and are employees or businessmen.
The document discusses e-payment systems in rural India and associated issues and challenges. It notes that while e-payment has developed rapidly in cities, adoption in rural areas still lags behind due to several factors. These include low literacy rates, a lack of technological skills, slow internet speeds, low financial literacy, a lack of trust in cashless transactions, and lack of awareness about e-payment methods. Addressing these challenges through improved education and awareness efforts will be important to expanding digital payments across India.
14 a study on women empowerment through self help groups in indiachelliah paramasivan
This document discusses women empowerment through self-help groups (SHGs) in India. It provides background on the concept of women empowerment and defines it as a process of awareness and capacity building leading to greater participation and decision-making power. SHGs have emerged as an effective instrument for alleviating poverty and empowering women in rural India. They provide economic benefits like income generation opportunities and help women gain social empowerment by improving their status and decision-making role in society. The document examines how SHGs promote both economic and social empowerment of women members.
13 growth of e banking challenges and opportunities in indiachelliah paramasivan
This document summarizes a journal article about the growth of e-banking in India, including the challenges and opportunities. It begins with an introduction to e-banking and the benefits it provides over traditional banking. It then discusses some of the key challenges to e-banking adoption in India, such as low broadband penetration, banks' ambivalent commitment, and customers' preferences for traditional branches. The document also outlines opportunities for e-banking growth in India, including initiatives to improve financial literacy. It concludes that while e-banking faces challenges in India, it has potential for growth, especially as internet penetration increases.
This document summarizes the performance of the Life Insurance Corporation of India (LIC) from 1999-2000 to 2008-2009. It discusses that LIC saw fluctuating growth in policies issued, premiums collected, and number of agents. While some years saw high growth rates, others saw declines. Overall, the compound growth rate for policies was 9.25% and premiums was 13.64%, showing good performance. It also discusses how LIC competes in the private insurance market in India and the changes to the insurance sector since privatization.
This document summarizes a study on the problems and prospects of women entrepreneurs in Sivagangai District, India. It provides background on women's entrepreneurship development efforts in India. The study aims to analyze the socioeconomic profiles, challenges, and government support systems for women entrepreneurs in Sivagangai District. It finds that most women entrepreneurs are over 40, married, Hindu, and from nuclear families. Their businesses are typically local, cash-based, and they spend long hours on them. Earning an income was found to be the main motivation to start a business. The study helps identify problems faced by women entrepreneurs to improve government support programs.
7 corporate social responsibility perspectives and challenges in rural indiachelliah paramasivan
This document discusses corporate social responsibility (CSR) perspectives and challenges in rural India. It begins with defining CSR and noting its importance in India given that most of the population lives in rural areas. The document then reviews literature on CSR practices and initiatives in India. It outlines the objectives and methodology of the study, which examines CSR programs and their impact in rural areas by analyzing 6 companies. The results and discussion section describes the CSR policies and initiatives of these companies in areas like education, healthcare, infrastructure, and livelihood generation. It finds that while companies are actively engaging in rural CSR, there are still challenges to be addressed like lack of coordination and monitoring of projects.
1. Financial inclusion aims to provide banking services to low-income groups so that more people can access banking, while Digital India aims to provide government services electronically.
2. Digital India can help achieve financial inclusion goals by easily connecting different groups through digital banking and payment systems.
3. Initiatives under Digital India like internet connectivity, e-services, IT training, and digital lockers make the path to financial inclusion easier by allowing electronic access for all citizens.
This document discusses problems faced by farmers in India. It notes that over 58% of rural households depend on agriculture as their primary livelihood. Some key challenges include small land holdings, lack of technical knowledge, weather-dependent farming, low incomes, underdeveloped infrastructure, and inefficient bureaucracy. Farmers also face issues with seeds, fertilizers, irrigation and undeveloped infrastructure policies that slow agricultural growth. Addressing these problems could help improve conditions for farmers and support continued development of India's agricultural sector.
This document discusses the Digital India program and its implications for the education sector in India. Some key points:
- Digital India is a flagship program launched in 2015 to connect rural areas to high-speed internet and improve digital literacy.
- It aims to transform India into a digitally empowered society and knowledge economy.
- In education, it is leading to more interactive teaching methods using technology like laptops, tablets, and smartphones.
- Both K-12 schools and universities are being affected, with improved connectivity, online learning materials, and digital portfolios.
- However, lack of infrastructure in rural areas is still a challenge to fully realizing digital education's potential across India.
This document discusses community-based entrepreneurial activities. It defines community-based enterprises as entrepreneurial initiatives that enhance the quality of life and economic development of a particular region. The key characteristic of community-based enterprises is that assets belong or are dedicated to the community, ensuring the enterprise is accountable to the community and profits are reinvested for community benefit. Several studies discussed find that community-based entrepreneurship can empower marginalized groups and lift communities out of poverty by promoting collective action. However, challenges include a lack of community orientation in modern societies and difficulties providing support to local small and medium-sized enterprises.
This document discusses community-based entrepreneurial activities. It defines community-based enterprises as entrepreneurial initiatives that enhance the quality of life and economic development of a particular region. The key characteristic of community-based enterprises is that assets belong or are dedicated to the community, ensuring the enterprise is accountable to the community and profits are reinvested for community benefit. Several studies discussed find that community-based entrepreneurship can empower marginalized groups and lift communities out of poverty by promoting collective action. However, challenges include a lack of community orientation in modern societies and difficulties providing support to local small and medium-sized enterprises.
This document discusses the corporate social responsibility (CSR) activities of Bharat Heavy Electricals Limited (BHEL) with respect to Tiruchirappalli, India. It provides background on BHEL, including that it was established in 1956 and has manufacturing units across India. The document then reviews literature on CSR and defines CSR. It discusses BHEL's profile and operations in Tiruchirappalli specifically, including turnover, profit, and amounts allocated to CSR. The overall purpose is to examine BHEL's CSR efforts in the Tiruchirappalli region.
16 institutional assistance for women entrepreneurship in tamilnaduchelliah paramasivan
This document summarizes institutional assistance available to promote women entrepreneurship in Tamil Nadu, India. It discusses how the Ministry of Micro, Small and Medium Enterprises provides funding to state governments and entrepreneurship development institutions to encourage entrepreneurship. In Tamil Nadu specifically, the Center of Entrepreneurship Development, Entrepreneurship Development Institution, and Tiruchirappalli Regional Engineering College Science and Technology Park have received funds from both state and central governments as well as the Ministry of MSME to develop infrastructure, training programs, and provide subsidies to women entrepreneurs. The Entrepreneurship Development Institute also organizes Women Entrepreneur Development Programs to encourage business development for women.
This document provides an overview of financial inclusion through direct benefit transfer (DBT) in India. It discusses several major social defense schemes implemented through DBT, including the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), the National Social Assistance Programme (NSAP), and the PratyakshaHastaantaritLaabh (PAHAL) or Direct Benefit Transfer for LPG (DBTL). The document also reviews several studies on topics related to financial inclusion and DBT in India. Key initiatives by the government to promote financial inclusion through programs like Pradhan Mantri Jan Dhan Yojana are also summarized.
The document discusses the importance of maintaining good hygiene habits like handwashing to prevent the spread of diseases. It notes that germs can spread through direct contact with infected individuals or indirectly through surfaces they've touched. Proper handwashing with soap and water is the most effective way to kill germs and stop their transmission to keep yourself and others healthy.
This document provides a comparative study of the asset quality of IDBI Bank and State Bank of India from 2011-2016. It begins with background on asset quality and how non-performing assets (NPAs) impact banks' profitability and financial statements. The objectives are to compare the total advances, net profit, gross NPAs, and net NPAs of IDBI and SBI, as well as their asset quality ratios and loan classifications. Relevant literature on factors influencing bank asset quality and managing NPAs is reviewed. Brief profiles of IDBI and SBI are also given.
An empirical analysis on asset quality of public sector banks in india non p...chelliah paramasivan
This document discusses asset quality and non-performing assets (NPAs) in public sector banks in India. It defines key terms like gross NPAs, net NPAs, and classifications of assets. Gross NPAs include all non-performing assets, while net NPAs are calculated after deducting provisions. Assets are classified as substandard, doubtful or loss based on the period of being non-performing and recoverability. The document also discusses internal and external factors that can contribute to increasing NPAs and outlines prior literature on NPAs and financial reforms in India.
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...Donc Test
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting, 8th Canadian Edition by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Ebook Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Pdf Solution Manual For Financial Accounting 8th Canadian Edition Pdf Download Stuvia Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Financial Accounting 8th Canadian Edition Ebook Download Stuvia Financial Accounting 8th Canadian Edition Pdf Financial Accounting 8th Canadian Edition Pdf Download Stuvia
OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Duba...mayaclinic18
Whatsapp (+971581248768) Buy Abortion Pills In Dubai/ Qatar/Kuwait/Doha/Abu Dhabi/Alain/RAK City/Satwa/Al Ain/Abortion Pills For Sale In Qatar, Doha. Abu az Zuluf. Abu Thaylah. Ad Dawhah al Jadidah. Al Arish, Al Bida ash Sharqiyah, Al Ghanim, Al Ghuwariyah, Qatari, Abu Dhabi, Dubai.. WHATSAPP +971)581248768 Abortion Pills / Cytotec Tablets Available in Dubai, Sharjah, Abudhabi, Ajman, Alain, Fujeira, Ras Al Khaima, Umm Al Quwain., UAE, buy cytotec in Dubai– Where I can buy abortion pills in Dubai,+971582071918where I can buy abortion pills in Abudhabi +971)581248768 , where I can buy abortion pills in Sharjah,+97158207191 8where I can buy abortion pills in Ajman, +971)581248768 where I can buy abortion pills in Umm al Quwain +971)581248768 , where I can buy abortion pills in Fujairah +971)581248768 , where I can buy abortion pills in Ras al Khaimah +971)581248768 , where I can buy abortion pills in Alain+971)581248768 , where I can buy abortion pills in UAE +971)581248768 we are providing cytotec 200mg abortion pill in dubai, uae.Medication abortion offers an alternative to Surgical Abortion for women in the early weeks of pregnancy. Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
How Does CRISIL Evaluate Lenders in India for Credit RatingsShaheen Kumar
CRISIL evaluates lenders in India by analyzing financial performance, loan portfolio quality, risk management practices, capital adequacy, market position, and adherence to regulatory requirements. This comprehensive assessment ensures a thorough evaluation of creditworthiness and financial strength. Each criterion is meticulously examined to provide credible and reliable ratings.
BONKMILLON Unleashes Its Bonkers Potential on Solana.pdfcoingabbar
Introducing BONKMILLON - The Most Bonkers Meme Coin Yet
Let's be real for a second – the world of meme coins can feel like a bit of a circus at times. Every other day, there's a new token promising to take you "to the moon" or offering some groundbreaking utility that'll change the game forever. But how many of them actually deliver on that hype?
Vicinity Jobs’ data includes more than three million 2023 OJPs and thousands of skills. Most skills appear in less than 0.02% of job postings, so most postings rely on a small subset of commonly used terms, like teamwork.
Laura Adkins-Hackett, Economist, LMIC, and Sukriti Trehan, Data Scientist, LMIC, presented their research exploring trends in the skills listed in OJPs to develop a deeper understanding of in-demand skills. This research project uses pointwise mutual information and other methods to extract more information about common skills from the relationships between skills, occupations and regions.
Eco-Innovations and Firm Heterogeneity.Evidence from Italian Family and Nonf...
C.PARAMASIVAN ,PERIYAR EVR COLLEGE , TIRUCHIRAPPALLI Role of sidbi in promotion of dalit entrepreneurs
1. IJMSS Vol.03 Issue-06, (June, 2015) ISSN: 2321-1784
International Journal in Management and Social Science (Impact Factor- 4.358)
A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories
International Journal in Management and Social Science
http://www.ijmr.net.in email id- irjmss@gmail.com Page 195
ROLE OF SIDBI IN PROMOTION OF DALIT ENTREPRENEURS
Dr. C. PARAMASIVAN
Assistant Professor and Research Advisor
&
S. RAJESHKANNA
Ph.D. (FT) Research Scholar & ICSSR Doctoral Fellow
PG & Research Department of Commerce
Periyar E.V.R College (A)
Tiruchirappalli – 23
ABSTRACT:
Entrepreneurship is one of the key components of the socio-economic development of the
country that makes employment opportunities, utilisation of local resources and mobilisation of money.
There is a need for extending financial support to entrepreneurs so that they do not suffer from
shortage of funds and, in turn, do not fall prey to sickness and ultimately closure. Dalit entrepreneurs
are still slotted into their traditional occupations, which are manually based and really form of low level
wage employment. These who do think of moving into self-employed ventures fail to do so out of fear of
social pressure and potential loss of sub-caste networks that serve as sources of mutual insurance.
Second to circumvent their disadvantages in building networks across social groups, Dalit entrepreneurs
tend to strengthen their internal bonds and use these for economic purposes. This paper highlights the
role of SIDBI in promotion of dalit entrepreneurs in India.
KEY WORDS: Dalit Entrepreneurs, Institutional Assistance, SIDBI, SCs Subsidy Schemes
INTRODUCTION:
Entrepreneurship is one of the key components of the socio-economic development of the
country that makes employment opportunities utilisation of local resources and mobilisation of money.
Hence there is a need of institutional assistance to promote the entrepreneurship. The institutional
assistance procures from two different ways, first one is commercial banks and second one is other
financial institutions. There is a need for extending financial support to entrepreneurs so that they do
not suffer from shortage of funds and, in turn, do not fall prey to sickness and ultimately closure. With
this view there is a need to understand the role of institutional assistance to entrepreneurs and it
becomes an essential study to promote and develop the entrepreneurship in the country.
INSTITUTIONAL ASSISTANCE
In India entrepreneurship is one of the essential parts of the economic development which
promotes the sustainable growth; so the government were established many financial and non financial
institutions to promote the entrepreneurship. Finance is one of the essential requirements of any
enterprise. Small entrepreneurs, therefore, need to know very clearly about the type and extent of their
financial requirements. Integral to financial requirements is to know about the possible alternative
sources from which finance can be availed of given the shortage or lack of entrepreneur’s own funds/
resources. The government of India, as a part of its policy of promotion of small-scale sector in the
country, has set up a host of institutions to meet the financial requirements of small entrepreneurs.
(Kanka. S.S. 2009). Institutional assistance to entrepreneurs in India may be grouped into two broad
categories such as all India level institutions and state level institutions. Some of the all India level
institutions are as follows;
2. IJMSS Vol.03 Issue-06, (June, 2015) ISSN: 2321-1784
International Journal in Management and Social Science (Impact Factor- 4.358)
A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories
International Journal in Management and Social Science
http://www.ijmr.net.in email id- irjmss@gmail.com Page 196
Industrial Finance Corporation of India Ltd (IFCI)
Industrial Reconstruction Bank of India (IRBI)
State Industrial Development Corporations (SIDC)
Small Industries Development Bank of India (SIDBI)
EXIM Bank
Some of the state level institutions with respect to Tamil Nadu are as follows;
Tamil Nadu Industrial Investment Corporation of India. (TIIC)
Tamil Nadu Adi Dravidar Housing Development Corporation (TAHDCO)
Small Industries Promotion Corporation of Tamil Nadu (SIPCOT )
District Industries Centre (DIC)
DALIT ENTREPRENEURS:
Dalits are the most backward caste group of Tamil Nadu. They are untouchable,and poverty,
vulnerable people. They are socially, economically, politically backward. Dalits who owned a business
are called Dalit entrepreneurs. Now – a – Days every Dalit entrepreneur remains as marginalized section
of the society. Dalit owned enterprises are below average in India as per the report of MSME. Micro
studies across India suggest that Dalit entrepreneurs are still slotted into their traditional occupations,
which are manually based and really form low level wage employment. These who do think of moving
into self-employed ventures fail to do so out of fear of social pressure and potential loss of sub-caste
networks that serve as sources of mutual insurance. Second to circumvent their disadvantages in
building networks across social groups, Dalit entrepreneurs tend to strengthen their internal bonds and
use these for economic purposes. Now day’s dalit entrepreneurs become emerging issues in the overall
development of the country. Therefore there is a need of institutional assistance to dalit entrepreneurs
in India.
INSTITUTIONAL ASSISTANCE TO DALIT ENTREPRENEURS:
Money is the only matter to promote the socio-economic conditions of the Dalits in the country.
Hence, there is a need for specialized institutions to provide financial assistance to Dalits. Government
of India is responsible to promote the socio-economic status of the Daits in the country not for social
development but for sustainable development. In India, various schemes and programme have been
initiated and introduced to promote the Dalits. The following institutions are extending support to
Dalits.
NSFDC – National Scheduled Caste Finance and Development Corporation.
TAHDCO – Tamil Nadu Adi Dravidar Housing and Development Corporation.
NCSC – National Commission for Scheduled Castes
REVIEW OF LITERATURE:
James Crabtree (2011), has analysed that those at the very bottom of India’s caste system face
not just the legacy of centuries of prejudice and injustice, but also real present day problems in starting
and financing businesses. Now help may be at hard with launch of the country’s first financial assistance
in Dalit owned enterprises industries, a trade body representing Dalit business leaders.
Bureau,(2007), has reported that state financial corporation has been directed to increase
lending to the scheduled caste entrepreneurs. The industrial infrastructure corporation shall allocate
about 16.2 percent of number of plots to these entrepreneurs in the new industrial estate and in
existing estates as a professional basis. However, a scheduled caste entrepreneur shall obtain the
necessary clearances as a precondition for claiming such benefits.
Ruminakhanal,(2010), concluded that the micro finance is the financial services provided to the
deprived group of Dalit people and small/micro entrepreneurs to help them in capturing self-
employment opportunities and income generating activities. The micro finance denotes the services of
3. IJMSS Vol.03 Issue-06, (June, 2015) ISSN: 2321-1784
International Journal in Management and Social Science (Impact Factor- 4.358)
A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories
International Journal in Management and Social Science
http://www.ijmr.net.in email id- irjmss@gmail.com Page 197
collection of savings from women, poor households and micro entrepreneurs, mobilization of loan
collected from savings and seed money received from financial institutions.
Montek sing Aluwalia,(2012), has recommended that Dalit entrepreneurs set up a financial
credit to finance business project of the society’s weaker sections. DIIC has demanded that the
government should increase the share of products made by Dalit’s in its procurement to encourage
more entrepreneurs. They also wanted that financial institutions should relax collateral norms for
financing their projects.
EktaAnand,(2011), has revealed that the scheduled caste community entrepreneurs have been
identified as the most disadvantaged group of Indian society and business activity requires special
attention. The constitution also provides a number of safe guards to facilitate the implementation of
directive. The state shall promote with social care the educational and economic interest of the weaker
section of the people and in particular of the scheduled caste entrepreneurs and shall protect them
from social injustice and all forms of exploitations.
Rajendra, (1999), made a study to examine the various kinds of assistance given by the
institutions with the prime objective of identifying institutional assistance for the development of small
scale industries of district. He concluded that the greatest problem faced by the Scheduled Caste
entrepreneurs was non availability of adequate financial assistance. Moreover, the small enterprises
also face new material, marketing technological and administrative problems. There were complicated
procedures in availing loans from financial institutions and no co-ordination exists between the
promotional institutions and government agencies.
Kaveri,(1998), in her study made an attempt to discuss issued related to bank finance to small
scale industries. she concluded that owing to economic liberalization and financial sector reforms small
scale industries have a bright future provided they remain economically viable. Modernizations are the
need of the hour for which they will require increasing credit from the banking sector. Therefore, there
should be cordial relationship between banks and borrowers. Moreover, there is need a for educating
both, for timely and adequate flow of institutional credit to scheduled Caste entrepreneurs.
Ramesha,(1999), examined the rends in credit supplied to small scale industries by scheduled
commercial banks (SCBs) and state financial corporation’s (SFCs) and their interstate disparity. The study
found that commercial banks continue to play an important role in financing. It sector has in a way failed
to meet the increasing credit requirements of Scheduled Caste Entrepreneurs. The interstate disparity in
the distribution of credit have also widened between 1989-90 and 1995-96.
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA (SIDBI)
SIDBI was set up by an Act of parliament, as an apex institution for promotion, financing and
development of industries in small scale sector and for co-ordinating the functions of other institutions
engaged in similar activities. It commenced operations on April – 2, 1990 by Government of India. It was
delinked from IDBI on march 27, 2000. It is the principal financial institution for promotion, financing
and development of industry in the small scale sector. SIDBI is headed by the chairman & Managing
Director. The SIDBI is operating different programmes and schemes through 5 Regional Offices and 33
Branch Offices. SIDBI extends direct/indirect financial assistance to SSIs, assisting the entire spectrum of
small and tiny sector industries on All India basis. The range of assistance comprising financing,
extension support and promotional, is made available through appropriate schemes of direct and
indirect assistance from the SIDBI.
Objective:
Financing and development of the micro, small and medium enterprises (MSME) Sector and for
co-ordination of the function of the institutions engaged in similar activities. Financial support is
provided by way of refinance to eligible primary lending institutions.
4. IJMSS Vol.03 Issue-06, (June, 2015) ISSN: 2321-1784
International Journal in Management and Social Science (Impact Factor- 4.358)
A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories
International Journal in Management and Social Science
http://www.ijmr.net.in email id- irjmss@gmail.com Page 198
Schemes in SIDBI:
Women entrepreneurs
Credit Guarantee fund scheme
Scheme for Decentralised power
loom sector
Credit Linked Capital subsidy
scheme for technology up gradation
Integrated Infrastructural
Trade Related Entrepreneurship Assistance and Development scheme
Textile Industries Schemes
Food Processing Industries scheme
Leather Industry subsidy schemes
Coin Industry spinning unit scheme
Tiny/ House hold unit schemes
Table No.1 Financial Assistance sanctioned and disbursed by SIDBI
(Rs.in Crore)
S. NO YEARS AMOUNT
SANCTIONED
AMOUNT
DISBURSED
PERCENTAGE
(%)
1. 1990-91 2408.7 1838.5 76.3
2. 1991-92 2846.0 2027.4 71.2
3. 1992-93 2909.2 2146.3 73.7
4. 1993-94 3356.3 2672.7 79.6
5. 1994-95 4706.3 3389.8 72.1
6. 1995-96 6065.6 4800.8 79.1
7. 1996-97 6485.3 4584.7 70.6
8. 1997-98 7484.2 5240.7 70.2
9. 1998-99 8879.8 6285.2 70.7
10. 1999-00 (P) 10434.5 6994.5 67.0
11. 1999 5923.2 3112.0 52.5
12. 2000 4939.0 2747.1 55.6
TOTAL 66,438.1 45,839.7 68.9
Source: SIDBI Annual Report 2013-14
5. IJMSS Vol.03 Issue-06, (June, 2015) ISSN: 2321-1784
International Journal in Management and Social Science (Impact Factor- 4.358)
A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories
International Journal in Management and Social Science
http://www.ijmr.net.in email id- irjmss@gmail.com Page 199
Table No.1 shows the financial assistance sanctioned and disbursed by the SIDBI during the year
1990-91 to 2000.
In the year 1990-91, Rs. 2408.7 crore were sanctioned by SIDBI, of which Rs. 1835.5 crores were
disbursed, which constitutes 76.3 percent of disbursement. In the year 1991-92, Rs. 2408.7 crores were
sanctioned by SIDBI, of which Rs. 2027.4 crores were disbursed, which constitutes 71.2 percent of
disbursement. In the year 1992-93, Rs. 2909.2 crores were sanctioned by SIDBI, of which Rs. 2146.3
crores were disbursed, which constitutes 73.7 percent of disbursement. In the year 1993-94, Rs. 3356.3
crores were sanctioned by SIDBI, of which Rs. 2672.7 crores were disbursed, which constitutes 79.6
percent of disbursement. In the year 1994-95, Rs. 4706.3 crores were sanctioned by SIDBI, off which Rs.
3389.8 crores disbursed, which constitute 72.01 percent of disbursement. In the year 1995-96, Rs.
6065.6 crores were sanctioned by SIDBI, of which Rs. 4800.8 crores were disbursed, which constitutes
79.1 percent of disbursement. In the year 1996-97, Rs. 6485.3 crores were sanctioned by SIDBI, of which
Rs. 4584.7 crores were disbursed, which constitutes 70.6 percent of disbursement. In the year 1997-98,
Rs. 8879.8 crores were sanctioned by SIDBI, of which Rs. 5240.7 crores were disbursed, which
constitutes 70.2 percent of disbursement. In the year 1998-99, Rs. 8879.8 crores were sanctioned by
SIDBI, of which Rs. 6285.2 crores were disbursed, which constitute 70.7 percent of disbursement. In the
year 1999.00 (p), Rs. 10434.5 crores were sanctioned by SIDBI, of which Rs. 6994.5 crores were
disbursed, which constitutes 67.0 percent of disbursement. In the year 1999, Rs. 5923.2 crores were
sanctioned by SIDBI, of which Rs. 3112.0 crores were disbursed, which constitutes 52.5 percent of
disbursement. In the year 2000, Rs. 4939.0 crores were sanctioned by SIDBI, of which Rs. 2747.1 crores
were disbursed, which constitutes 55.6 percent of disbursement. On the whole, Rs. 66,438.1 crores
were sanctioned by SIDBI, of which Rs. 45839.7 crores were disbursed, which constitutes 68.9 percent of
disbursement.
0
1000
2000
3000
4000
5000
6000
7000
8000
9000
10000
SANCTIONED
DISBURSED
6. IJMSS Vol.03 Issue-06, (June, 2015) ISSN: 2321-1784
International Journal in Management and Social Science (Impact Factor- 4.358)
A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories
International Journal in Management and Social Science
http://www.ijmr.net.in email id- irjmss@gmail.com Page 200
Table No. 2 Subsidy’s to Scheduled Caste Entrepreneurs by SIDBI
(Rs.in Lakhs)
S. NO SCHEMES SUBSIDYS TO
GENERAL CATEGORY
SUBSIDYS TO SC
ENTREPRENEURS
1. Women entrepreneurs 30 – 80% of project cost 90% of project cost
2. Credit Guarantee fund scheme Rs.75% of loans provided
Rs.80% of women entrepreneurs
90% of project cost
3. Scheme for Decentralised power loom
sector
200 – lakhs of capital ceiling
Rs.20- Lakhs margin money subsidy
Additionally 5% increased
4. Credit Linked Capital subsidy scheme for
technology up gradation
15 – Lakhs project cost
8% - of project cost
50- lakhs
5. Integrated Infrastructural Department
Scheme
50% - of Rural Areas
80% - of central govtgrant Assistance
50% - of Rural Areas
80% - of central Govt
assistance
6. PMRY Scheme 30-80% of total project 85% - of project cost
7. Trade Related Entrepreneurship Assistance
and Development (TREAD)
30%- OF Total project cost Exempted
8. Textile Industries:
Technology Up gradation fund scheme
80% - of the project cost 80% of the project cost
9. Food processing Industries 25%- plant & machinery
50- Lakhs general areas
33.33% or up toRs. 75 Lakhs in Different
areas.
50- Lakhs of Project cost
10. Leather Industry :
- Integrated Development of
leather sector
30% - of cost plant & machinery for SSI.
20% of cost plant & machinery for other
units.
Additionally 20%- for all units
11. Coir Industry spinning unit 40%-of the project subject to a maximum
of Rs.80,000.
80,000 of project cost
Tiny / house hold unit 40% - of the project cost subject to a
maximum of
Rs. 2, 00,000.
80,000 of project cost
12. Market Development assistance scheme for
MSME Entrepreneurs.
100% of space Rent and
economy
Source:www.SIDBI.co.in
7. IJMSS Vol.03 Issue-06, (June, 2015) ISSN: 2321-1784
International Journal in Management and Social Science (Impact Factor- 4.358)
A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories
International Journal in Management and Social Science
http://www.ijmr.net.in email id- irjmss@gmail.com Page 201
Table No.2 indicate the subsidies available to general and SC category of the entrepreneurs.
As regards women entrepreneurs, 30-80 per cent of the project cost will be subsidy. But if the
entrepreneur belongs to SC, 90% of the project cost will be subsidy. As regards credit guarantee fund
scheme, Rs.75percent of loans are provided, Rs. 80percent of women entrepreneurs will get subsidy.
But if the entrepreneur belongs to SC, 90percent of the project will be subsidy. As regards scheme for
decentralized power loom sector, 200- lakhs of capital ceiling and Rs. 20-lakhs of margin money will be
subsidy. But if the entrepreneur belongs to SC, additionally 5percent increase will be subsidy.
As regards credit linked capital subsidy scheme for Technology up gradation, 15-lakhs &
8percent of project cost will be subsidy. But if the entrepreneur belongs to SC, 50- lakhs will be subsidy.
As regards integrated Infrastructural Development scheme 50percent of rural areas, 80percent of
central government grant assistance will be subsidy. But if the entrepreneurs belong to SC, 50percent of
rural areas & 80percent of central government assistance will be subsidy. As regards PMRY scheme, 30-
80percent of total project cost will be subsidy. But if the entrepreneurs belongs to SC, 85percent of
project cost will be subsidy. As regards Trade Related Entrepreneurship Assistance and Development
scheme, 30 percent of total project cost, will be subsidy. But if the entrepreneurs belong to SCs they are
exempted. As regards Technology up gradation Fund scheme, 80percent of the project cost will be
subsidy. As regards Food Processing Industry, 25percent of Plant & Machinery and 50- lakhs general
areas and 33.33percent or upto Rs. 75 lakhs in Different areas will be subsidy. But if the entrepreneurs
belong to SC, 50- lakhs of project cost will be subsidy. As regards Leather Industry, 30 percent of cost
plant & machinery for SSI and 20percent of cost Plant & machinery for other units will be subsidy. But if
the entrepreneurs belong to SC additionally 20percent for all units will be subsidy. As regards coir
industry, 40percent of the project cost & maximum of Rs. 80,000 will be subsidy. But if the
entrepreneurs belongs to SC, 80,000 of project cost will be subsidy. As regards Tiny/House hold unit,
40percent of the project cost to a maximum of Rs. 2,00,000 will be subsidy. But the entrepreneurs
belongs to SC, 80percent of project cost will be subsidy. As regards Market Development Assistance
scheme, Exempted for general category. But the entrepreneurs belong to SC, 100 percent of Space Rent
and Economy will be subsidy.
CONCLUSION:
Entrepreneurship is always concerned with the socio-economic development of the country
which provides employment opportunities, income generation and utilisation of local resources. In India
entrepreneurship is one of the emerging needs to attain the sustainable inclusive growth. With this
effect, government has taken a lot of initiatives to promote the entrepreneurship through its various
schemes, programmes and assistances. Through Both financial and non-financial institutions we
established to promote the culture of entrepreneurship. Therefore entrepreneurship is a growing trend
in India. Entrepreneurship among the Dalit is one of the new adventures to bring them as economically
empowered people. In this regard financial institutions provide a special assistance to Dalit
entrepreneurs with regard to subsidy, concession and rebate. SIDBI is one of the premier financial
institutions in India which provides financial assistance to entrepreneurs. Dalit entrepreneurs are getting
a additional subsidy from the SIDBI. But whether it really reaches to the Dalit entrepreneurs is a million
dollar questions. Hence, there should be monitoring of the schemes to ensure and subsidies that
reache Dalit entrepreneurs in time.
8. IJMSS Vol.03 Issue-06, (June, 2015) ISSN: 2321-1784
International Journal in Management and Social Science (Impact Factor- 4.358)
A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories
International Journal in Management and Social Science
http://www.ijmr.net.in email id- irjmss@gmail.com Page 202
REFERENCES
1. Montek Singh Ahlluwalia.2012.plan panel suggests financial credit for Dalit Entrepreneurs
Deccan Herald News, January 03, pp- 1-5.
2. Ekto Anand.2011. welfare schemes of Haryana Scheduled Castes Finance Development
Corporation Ltd, and its Impact on the Scheduled Caste in the state of Haryana,
International Journal of Research in IT & Management. Vol.1. Issue.1, pp-26.
3. James Crabtree.2011. Institutional finance to India’s Dalit Entrepreneurs, The Financial
Express, December 21, pp- 1-2.
4. Bureau.2007. Andhra Pradesh Assistance to Scheduled Caste Entrepreneurs, Industry and
Economy Social welfare states, Andhra Pradesh, Business Line E-Paper, October 09, pp-2-3.
5. RuminaKhanal. 2010. Role of Micro Finance in Developing Micro Entrepreneurship: A
Study of Scheduled Caste Ceramic Enterprises in Gadhawa UDC, Dang District micro
Enterprises, Development for poverty Alleviation, Volu.1, pp-1-3
6. Rajendran, N, 1999 “Institutional assistance for small scale Industries in Tiruchirappalli
District” SEDME (Small Enterprise Development Management and Extension) Journal,
Vol.26,.
7. Kaveri V.S. 1998 “Financing of Scheduled Caste Entrepreneurs Issues and Suggestions”,
SEDME (Small Enterprise Development, Management and Extension Journals), Vol. 25, No.
3.
8. Ramesha, K.1999 “Institutional credit to Scheduled Caste enterprises role of Banks and
SFCs in the post – reforms scenario”, The Asian Economic Review Vol. 41, No. 1, ,pp- 29-21.
9. Http/www.Dalit Indian Chamber of Commerce and Industry.
10. http/www.SIDBI.co.in
11. kalinga Tudor Silva, Sivapragasam P. P and ParamsothyThanges. Caste Discrimination and
Social Justice in Sri Lanka: An Overview, Indian Institute of Dalit Studies, Vol.III, No.06, pp-
1-34.
12. Paramasivan . C and Mariselvam . P., “Status of Dalit Entrepreneurs in India” Edited
Journal on “Asia Pacific Journal of Management and Entrepireneurship” Issue No. 2, ISSN-
2277-8098, April 2013, pp 238-247.
13. Kankha S.S,2009, “Entrepreneurial Development”, S.Chand & Co Pvt Ltd. New Delhi, ISBN.
81-219-1801-4.