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Research paper thumbnail of CONSTRAINTS FACED BY SMALL AND MEDIUM ENTERPRISES IN RAISING FUNDS FOR FINANCING

Shanlax International Journal of commerce , 2019

SME's are playing a vital role in economic development and also for the growth of India's economi... more SME's are playing a vital role in economic development and also for the growth of India's economic growth. SME's contribution to Indian economy development is at large. According to Micro Small and Medium Enterprise (MSME) Act 2006 in India, considers investment rationing for both the manufacturing sectors and the service sectors. Government of India have introduced many industrial estates, industrial parks, special economic zones for enhancing SME's status. With the onset of the globalization process, SMEs are lagging behind the rival firms. Those firms originate from the neighboring countries in terms of export competitiveness. This study will help to identify the challenges faced by SME's about lack of finance, lack of infrastructure, lack of networking, lack of information, lack of production facilities, lack of marketing skills and many more.

Research paper thumbnail of CONSTRAINTS FACED BY SMALL AND MEDIUM ENTERPRISES IN RAISING FUNDS FOR FINANCING

Shanlax International Journal of commerce , 2019

SME's are playing a vital role in economic development and also for the growth of India's economi... more SME's are playing a vital role in economic development and also for the growth of India's economic growth. SME's contribution to Indian economy development is at large. According to Micro Small and Medium Enterprise (MSME) Act 2006 in India, considers investment rationing for both the manufacturing sectors and the service sectors. Government of India have introduced many industrial estates, industrial parks, special economic zones for enhancing SME's status. With the onset of the globalization process, SMEs are lagging behind the rival firms. Those firms originate from the neighboring countries in terms of export competitiveness. This study will help to identify the challenges faced by SME's about lack of finance, lack of infrastructure, lack of networking, lack of information, lack of production facilities, lack of marketing skills and many more.

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