Asian Journal of Research in Social Sciences and Humanities
  • Year: 2012
  • Volume: 2
  • Issue: 5

Entrepreneurship and Micro Finance: A Reflection from North East India

  • Author:
  • Sanjay Kanti Das
  • Total Page Count: 22
  • Page Number: 106 to 127

Department of Commerce, Lumding College, Lumding, Nagaon, Assam, 782447

Online published on 9 May, 2012.

Abstract

Entrepreneurship on small scale is the only solution to the problems of unemployment and proper utilization of both human and non-human resources and improving the living conditions of the poor masses. During the last three decades, many countries of the world have experienced the need and importance of entrepreneurship has been accepted as a strategy to achieve the twin objectives of promotion of entrepreneurship, particularly among the educated unemployed youth and also for rapid industrialization in the economy. The emergence of women entrepreneurs and their contribution to the national economy is quite visible in India. The number of women entrepreneurs has grown over a period of time, especially in the 1990s. This paper aims to study the status of Indian women and most particularly North Eastern region of India in the entrepreneurial world. Efforts are made to reflect the growing trend of women entrepreneurs, their problems and the developmental schemes of the Government of India in this connection. Another object of this paper is to study the existing literature on entrepreneurship through Micro finance-SHG linkage in India in general and NER in particular. The analysis of this study is based on secondary sources. Efforts are also made in this paper to analyze the role of micro finance through SHGs in the promotion and development of entrepreneurship. This paper also explains the different key areas of micro enterprise development. Finally, this paper highlights the problems of micro, rural and women entrepreneurs and also suggested some specific measures based on the survey of existing literature, for the promotion of these industries in the country.

Keywords

Entrepreneurship, Micro finance, Micro Entrepreneur, North Eastern Region, Rural Entrepreneur, Women Entrepreneur