Working Capital Problems of Women Entrepreneurs in Kanyakumari District

Author:R. Manju

Abstract:
Entrepreneurship plays an important role in the growth of any development of society’s entrepreneurship culture and qualitative business development services which are the major requirements for the Industrial growth. A constant flow of new enterprises sharpens competition, increase innovation throughout the society and ensures enterprises to be suited better challenges of global competition. The development of the country as a whole depends on multiple factors. Entrepreneurship is having a significant role in ensuring the suitable economic growth. It has the potential to propel a nation in the path of development and solve the problem of poverty, illiteracy and unemployment. It can be nurtured well and made flourish on providing a conducive environment. An Entrepreneur is an individual who, rather than working as an employee, founds and runs a small business, assuming all the risks and rewards of the venture. The Entrepreneur is commonly seen as an innovator, a source of new ideas, goods service and business or procedures. They do this by identifying the avenues creating awareness, training the interested and developing the entrepreneurship, facilitate in arranging the finance and assisting them in initiating the enterprise. In the dynamic world women entrepreneurs are an important part of the global growth for substained economic development and social progress. In India, women have played key roles in the society, their entrepreneurial ability has not been properly tapped due to the lower status of women in the society. Thus, a women Entrepreneur is one who starts business and manages it independently takes all the risks, faces the challenge boldly with an iron will to succeed women entrepreneurs is an economic activity of those women think of a business enterprise, initiate it, organize the enterprise and undertake risks and handle economy uncerternity involved in running a business enterprise. This study revolves around the fact that the difficulty in meeting day-to-day expenses, working capital problems and overdues of loan for women entrepreneurs.

Keywords:Keywords: RBI - Reserve Bank of India, GOI - Government of India

DOI:

International Journal of Trade & Commerce (Vol: 6 Issue:2)