International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

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Volume 8 Issue 1
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Issues and Challenges faced by MSME sector: A case study in Balangir District

Author(s) Mr. Prajwal Premdeep Panigrahi, Dr.Kunal Mishra
Country India
Abstract Micro, Small and Medium Enterprises (MSMEs) plays a vital role in the part of economy of the country, and exert a positive impact on growth and development of India. Basically, this sector creates opportunities for young peoples as well, it will create employment and from MSMEs there is a many more chance for growth if they will adopt better strategies. This sector has a great impact as the peoples will get hand made products and it will also create an opportunity for the organizations to make their product global and grow their business in world wide. The problem faced by this sector is that the enterprises will not get enough fund and generally they are adopting wrong strategies so they don’t grab many opportunities as well. The objective of this study is to find out the growth potential of MSMEs and issues and challenges faced by them. As of now, no studies have been done in Balangir and this sector need to focus a lot as this district follows more culture and tradition and the peoples will show their interest in purchasing hand made products as well. The data has to be collected from both primary and secondary sources. Cluster sampling, depth interview, SWOC Analysis will be used and the interpretation will be done through descriptive and inferential statistics.
Keywords : Economy, Strategies, Opportunities, Development, Investment
Published In Volume 8, Issue 1, January-February 2026
Published On 2026-02-04
DOI https://doi.org/10.36948/ijfmr.2026.v08i01.66727
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