Government Finance in the Growth of MSMEs – A Study with Special Reference to Kannur District of Kerala

Author(s)	Mrs. Aparnadevi. M, Dr. Swarupa R
Country	India
Abstract	MSMEs have an important role in the development of Kerala in terms of their contribution to industrial production, export, employment, and creation of entrepreneurial base. Realizing the importance of MSMEs, Government at the State and Central have been instigating number of schemes and programmes to start MSMEs through various means. Though the government has implemented various schemes and programmes, many of the MSMEs are struggling for finance which may be due to lack of awareness about various schemes for entrepreneurs. Hence in this study an attempt is made to know the awareness and availability of government finance for MSMEs among the micro entrepreneurs. 60 sample entrepreneurs who are registered with DIC were selected and data were collected through structured questionnaire. The data collected were analysed by using percentage, weighted average mean, ranking etc. Prime Minister Employment Generation Programme (PMEGP) was the most popular financing scheme among the entrepreneurs. Still the supports provided by the government are not fully utlised by the entrepreneurs mainly because of unawareness about the various schemes available.
Keywords	Entrepreneurship, Entrepreneurship development, Financial Assistances, Government finance, MSMEs.
Published In	Volume 5, Issue 6, November-December 2023
Published On	2023-11-27
DOI	https://doi.org/10.36948/ijfmr.2023.v05i06.9450

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