Financial Management in Informal Sector-A Study of Micro Women Enterprisesof Kolkata Suburban

The immense growth of female entrepreneurs in last two decades impacts both the society and the Indian economy. The traditional female role of “caretaker cum domestic unpaid help” has been replaced with the emergence of large number of women owned firms impacting the national employment scenario and national income. The key factor in the success and sustainability of the informal sector is the availability and accessibility of business finance to fund the initial investment as well as the on-going process afterward with an appropriate management of financial resources. Through the present research, an attempt has been made to analyse the activities pertaining to the financial management of the informal women owned enterprises in the Kolkata suburban areas of West Bengal and to trace out the problems faced by them with respect to the financial activities.