scholarly journals MSME Sector: A Multifaceted Model to Achieve Prosperity

2020 ◽  
Vol 8 (4) ◽  
pp. 12-19
Author(s):  
Devendra Jarwal
Keyword(s):  
Social Inequalities ◽  
State Intervention ◽  
Economic Benefits ◽  
Policy Framework ◽  
Women Empowerment ◽  
Track Record ◽  
Self Employment ◽  
Employment Generation ◽  
Economic Perspectives

The current enthusiasm for the entrepreneurship culture results in mushrooming of self-employment activities. Self-employment also supports the growth of micro, small, and medium-sized enterprises (MSMEs). Of course, MSMEs have various economic benefits, and India is riding upon the performance of MSMEs to become self-reliant. But still, MSMEs should not be perceived in isolation for the economic benefits only. Rather, other socio-economic perspectives of MSMEs should also get equal consideration. Thus, this paper descriptive in nature attempts to record other socio-economic benefits. For this paper, various government reports and other related literature have been consulted. MSMEs have an impressive track record in contribution to GDP, employment generation, reducing social inequalities, women empowerment, and balanced geographical growth. The study concludes that the role of MSMEs in the development of India is crucial, yet there are many roadblocks that need state intervention through an appropriate policy framework. Some of the roadblocks in the progress of the MSME sector are difficulty in availing credit facility, lack of marketing avenues, inefficient productivity gave operation of scale, frequent obsolescence of technology, inadequate infrastructure, and institutional framework. The paper also highlights the role of professionals in facilitating the smooth functioning and growth of the MSME sector.

scholarly journals Role of Microfinance in Employment Generation: A Case Study of Microfinance Program of Paschimanchal Grameen Bikash Bank

2012 ◽  
Vol 7 (1) ◽  
pp. 31-38 ◽  
Author(s):  
Hari Prasad Pathak ◽  
Mukunda Gyawali
Keyword(s):  
Poverty Reduction ◽  
Research Study ◽  
Small Scale ◽  
Economic Empowerment ◽  
Internal Resources ◽  
The Past ◽  
Self Employment ◽  
Employment Generation

This research study focuses on role of microfinance program in creation of enterprise and employment generation. In the Nepalese context various microfinance programs have been running with the aims of socio-economic empowerment, mobilization of internal resources, creation of awareness and generation of self-employment targeting the rural poor. Microfinance has been one of the few effective tools for poverty reduction over the past years. It has been revealed that the loans have been mostly invested on small scale business, livestock and other agro-based enterprises. The study shows that micro finance program has been helpful to create enterprises and generate employment.The Journal of Nepalese Business StudiesVol. Vii, No. 1, 2010-2011Page : 31-38Uploaded date: July 7, 2012

scholarly journals Women Empowerment: Analysis of the Role of Self Help Groups in Empowering Rural Women in Goa

2016 ◽  
Vol 3 (2) ◽  
Author(s):  
Elizabeth Joey Joey Henriques
Keyword(s):  
Rural Women ◽  
Positive Impact ◽  
Primary Data ◽  
Women Empowerment ◽  
Self Help ◽  
Employment Generation ◽  
Self Help Groups ◽  
The Impact ◽  
Self Help Group

Self Help Groups have emerged as an important mechanism to bring about socio-economic change in society. Various studies indicate the positive impact that SHGs have had on employment generation, savings, incomes, poverty alleviation and women empowerment. The present study, based on primary data sourced from women members of SHGs located in the state of Goa is an attempt to understand the impact of group membership on its members, particularly women. An attempt has also been made to throw light on the pivotal role that the Self Help Group Promoting Agencies essay in realising the goal of women empowerment. The study also analyses the independence that women exhibit in taking decisions, be it in the economic or political domain.

Role of Entrepreneurship in Boosting Economic Growth and Employment in India

2019 ◽  
Vol 46 (4) ◽  
pp. 273-281 ◽  
Author(s):  
Raj Kumar ◽  
Tilak Raj
Keyword(s):  
Economic Growth ◽  
Large Scale ◽  
Economic Life ◽  
Standard Of Living ◽  
Economic Activities ◽  
Balanced Growth ◽  
Self Employment ◽  
The People ◽  
Employment Generation

Entrepreneurship is the engine of economic growth of a country. It increases the economic activities in every sphere of economic life of the people. The main objective of the present study is to examine the role of entrepreneurship in the economic growth of a country. An attempt has also been made to provide an overview of employment and unemployment in India. The present study concludes that entrepreneurship in India is a key contributor in the area of employment generation, innovations and product improvement. Not only does it create self-employment but it has also built a structure for large-scale employment opportunities. It contributes to the economic growth of a country by promoting capital formation, increasing per capita income, improving the standard of living and balanced growth by removing regional disparities.

scholarly journals Youths Entrepreneurship: A Panacea to Employment Generation and Sustainable Development in Nigeria

2017 ◽  
Vol 15 (2) ◽  
Author(s):  
Tope Alabi ◽  
Abdulmumin Ibrahim
Keyword(s):  
Sustainable Development ◽  
Risk And Uncertainty ◽  
Economic Activities ◽  
Economic Growth And Development ◽  
Economic Framework ◽  
Self Employment ◽  
Youth Entrepreneurship ◽  
Employment Generation ◽  
Liberal Market Economy

The role of youth entrepreneurship in the economic development has been well recognized in the literature. In a liberal market economy, entrepreneurs coordinate economic activities in such a way that factors of production are moved to areas in which they are fully utilized while they also bear risk and uncertainty in the process of arbitrage which eventually leads to the expansion of the production possibility curve, socio-economic growth and development. In contemporary time, the movement by nations of the world towards a neo-liberal economic framework has elevated the study of determinants of entrepreneurship to the centre stage. It has been established from past studies that entrepreneurship especially among youths has become antidote to joblessness and underdevelopment. This paper, therefore, examines the role of youth entrepreneurship development as a panacea to sustainable development in Nigeria. The paper suggested that if Nigeria in her quest to reducing unemployment and poverty must incorporate entrepreneurship tutoring into the curriculum at all levels of education with a view to promoting self-employment among graduates and youths generally.

scholarly journals The role of need satisfaction for solo self-employed individuals’ vs. employer entrepreneurs’ affective commitment towards their own businesses

2019 ◽  
Vol 9 (1) ◽  
Author(s):  
Steffen E. Schummer ◽  
Kathleen Otto ◽  
Lena Hünefeld ◽  
Maria U. Kottwitz
Keyword(s):  
Affective Commitment ◽  
Working Condition ◽  
Economic Benefits ◽  
Need Satisfaction ◽  
The Self ◽  
Self Employment ◽  
European Working ◽  
Entrepreneurial Activities

AbstractPersistence in self-employment is crucial for entrepreneurial activities to generate long-term economic benefits. Consequently, this research examined the commitment of the self-employed towards their business as an important determinant of persistence. However, this research treats the self-employed as one entity. Yet we assume that especially for the research on commitment the differentiation of the self-employed into solo self-employed individuals (self-employed individuals without employees) and employer entrepreneurs (self-employed individuals with employees) provides seminal insights. Thus, this study examined differences in affective commitment to (emotional attachment to and identification with) one’s business and its antecedents between these self-employment forms. We used data of German solo self-employed individuals (n = 117) and employer entrepreneurs (n = 103) from the European Working Condition Survey (EWCS 2010). A simple t test revealed that the solo self-employed individuals report lower levels of affective commitment to their business than employer entrepreneurs. Moreover, regression analyses revealed that satisfaction of the needs for autonomy and competence was more strongly related to affective commitment for the solo self-employed than that for employer entrepreneurs, whereas satisfaction of the need for relatedness was more weakly related among the solo self-employed than that the employer entrepreneurs. These results suggest that solo self-employed individuals and employer entrepreneurs not only differ in affective commitment to their businesses but also in their antecedents. Implications for research on motivational processes of the self-employed and for fostering persistence in self-employment are discussed.

Rural Dalit Women Entrepreneurs and Development Scenario: A Study

2016 ◽  
Vol 5 (1) ◽  
Author(s):  
Amaldass M. ◽  
Neema Gnanadev
Keyword(s):  
Rural Women ◽  
Women Entrepreneurs ◽  
Cultural Aspects ◽  
Self Employment ◽  
Dalit Women ◽  
Integral Development ◽  
Entrepreneurial Activities ◽  
The Hill ◽  
The Village

Pandit Nehru affirmed that women development/ empowerment is the basis for the substantial growth of a family, a village, or a nation. Development/upliftment of women is an essential ingredient of human development. Entrepreneurship development among the rural women folk would strengthen the village economy and promote regional development. The women entrepreneurs have proved that there is a source of immense untapped power in the womanhood of India (Margaret, 1992). Women undoubtedly are the backbone of the socio-economic-cultural aspects in the hill scenario. The subsistence agriculture which leads to low and unstable incomes, which in turn lead to a sizeable out-migration of male members that leads to only women headed families behind, and the role of women in the household economy becomes more important (Rawat, 2004). In the midst of limited opportunities, tough terrains and lack of resources, the contribution of women entrepreneurs to the society is enormous. An attempt was made to highlight the strategies and development aspects of rural women entrepreneurs in Almora district. Entrepreneurs who are engaged in self-employment and innovative entrepreneurial activities were selected for the study. A total of 50 samples were selected and the data were collected through interviews and focus groups. The study reveals various aspects related to rural women entrepreneurship and constraints that need attention so to empower women in their efforts toward integral development.

Five Lessons from European Democracy

2012 ◽  
Author(s):  
David Matijasevich
Keyword(s):  
Political Community ◽  
Political Transformation ◽  
The European Union ◽  
Democratic Development ◽  
Track Record ◽  
European Democracy ◽  
Democratic Experience ◽  
Theory Of Democracy ◽  
The Eu

Outside of some states still struggling with post-communist transitions, Europe itself may be the first European democracy to collapse in decades. Though never a bastion of participatory democracy and even subject to continuous criticism due to its democratic deficit, the European Union (EU) has provided hope to those who envision a post-national democratic political community. As such, whether the EU survives its present crisis or not, cosmopolitan democrats will look to the EU as a vindication of their ideals. Though perhaps surprising given their track record, this paper will argue that political scientists, especially those concerned with democratization, can also be optimistic about what the EU has brought to the table in terms of how we conceive processes of democratic development. Throughout the paper it will be demonstrated that the creation and maintenance of the European democracy has challenged much of the literature's fundamental assumptions of what makes democracy work. Five key lessons from the European democratic experience will be presented in an attempt to disrupt some of these assumptions including lessons regarding the diversity of the demos, the contingency of democratic upkeep, the challenges of the state, the role of elites in political transformation, and the necessity of exclusion within inclusive spaces. Though a general theory of democracy will not be presented, suggestions will be made as to how we can incorporate some of these lessons into the dominant approaches to democracy found in the literature.   Full text available at: https://doi.org/10.22215/rera.v7i1.214

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