Volatility in Sustainable Financial Growth through Predictive Analytics for Women Entrepreneurs in Tamilnadu
Keywords:
Women Entrepreneurs, Sustainable Growth, Challenges to Entrepreneurship, Tamilnadu.Abstract
The primary goal of any developing nation like India has been achieving sustainable economic growth since independence. Development of an economy of a country and the society could be achieved through sustainable growth of women especially in rural India equivalent to urban region. The government of India has been framing many developmental schemes and policies for promoting women entrepreneurs. But still, the sustainable growth of rural women entrepreneurs is a big dream. The problems and factors behind such volatility are multidimensional and need to be examined well. This empirical paper aims to analyze the factors for volatility in the sustainable growth of women entrepreneurs. 180 rural women entrepreneurs registered under Tamilnadu MSME have been selected from Virudhunagar district using a questionnaire and personal interview through stratified random sampling. The study finds that the level of engagement of rural women in the entrepreneurial arena has been swiftly increasing every year which is not matching with the economic growth of women due to multidimensional challenges such as lack of knowledge in accessing resources, demographic reasons, lack of competency, lack of awareness and education, lack of entrepreneurial and technical skill, etc. Apart from framing policies and promotional schemes, the government has to take measures to ensure the reach of the same in rural areas for attaining the sustainable growth of women entrepreneurs and the rural economy as well.
Downloads
References
Sunitha & Shankaraiah (2014). Problems of MSME and Entrepreneurs Kadapa Dt, IOSR Journal of Economic and finance, Vol.3, Issue 2, 2014, p.31-37
Neeru Garg (2014). MSME in India, current scenario and challenges, Indian journal of research , Vol.3, Issue 9, p.11-13
Padmasai and Karthika(2013): A study on problems and prospects of MSMEs in Textile Industry with special reference to Trippur Dist, IJMBBV, Vol.1, Issue 1, p.40-47
Shankar, P. (2013), Woman Entrepreneur in India - Opportunities And Challenges, International Monthly Refereed Journal of Research In Management & Technology, Vol. 2, pp. 14-18. http://international.abhinavjournal.com/images/
Management_&_Technology/Jan13/3.pdf
Radha,T. & Viji, R. (2021) “SHG- A dynamic tool for socio-economic up gradation of semi-urban women” International Journal of Research in Commerce, IT and Management, Vol.11, Issue. 2, pp.1-5. Retrieved from https://ijrcm.org.in/article_info.php?article_id=9541
Veena. Rao, Venakatachalam, A. & Joshi, H.G. (2012). Challenges Faced by Women Entrepreneurs Running Micro, Small and Medium Scale Fashion and Apparel Business: A Study on Fashion and Apparel Enterprises in Coastal Karnataka. International Conference on Trade, Tourism and Management, pp 21-22.
Nayyar, Poojaet. al. (2007), “Causes and Constraints Faced by Women Entrepreneurs in Entrepreneurial Process”, The Journal of Social Science. 14(2): 99-102.
Lakshmi R and Vadivalagan G (2011) Impact of self-help groups on empowerment of women: A study in Dharmapuri District, tamilnadu, Journal of management and sciences, volume No.1, Issue- 2, pp. 43-54.
Sambu charity chepchirchir (2013) Impact of women participation in self-help groups on self-Economic Empowerment in Nakuru county, Interdisciplinary journal of contemporary Research in Business, vol-5, No- 4, August 2013.
Shobhana Gupta1 and Sanjeev Kumar Singh (2012) Economic Security among Rural Women through Self Help Groups: An Analytical Study, Indian Res. J. Ext. Edu. 12 (2), May, 2012.
Reji (2013) Economic empowerment of women through self-help groups in Kerala, International Journal of Marketing, Financial Services & Management Research, Vol.2, No. 3, March (2013), pp- 97-113.
Sajeev and Thangavel (2012) Evaluation of socio-economic patterns of SHG members in Kerala using clustering analysis, IJCSI International Journal of Computer Science Issues, Vol. 9, Issue 2, No 2, March 2012,p.p -386-397.
Umamaheswari Gurusamy and Jayakumar(2013) A study on social impact of women self-help groups in Mettur Taluk, Salem District, Tamilnadu, International Journal of Social Science & Interdisciplinary Research, Vol. 2, Issue-3 March 2013.
Pavithra J and Narayana K.C (2013) Women empowerment through self-help group with special reference to multipurpose co-operative society bank-An empirical study Arth Prabhand: A Journal of Economics and Management, Vol.2 Issue 2 February 2013, p.p-62-70.
Prabhakaran J (2018) A study on Functional Problems of Self Help Groups in Coimbatore District, World Wide Journal of Multidisciplinary Research and Development, Vol. 4, Issue 4, pp – 102-107
Prabhakaran J (2018) Growth of Socio-Economic Status of Self Help Groups In Coimbatore District, In Tamilnadu, World Wide Journal of Multidisciplinary Research and Development, Vol. 4, Issue 4, pp – 48-52
https://www.msmeonline.tn.gov.in/needs/index.php - visited on 14/02/2021
https://msme.gov.in/sites/default/files/FINAL_MSME_ENGLISH_AR_2019-20.pdf- visited on 14/02/2020
https://msme.gov.in/entrepreneurship-and-skill-development-programs - visited on 17/03/2021
Yoginder Singh (2013) Effect of Self Help Group in Economic Empowerment of Rural Women in Himachal Pradesh, Journal of Indian Research, Vol.1, Issue No.3,July- September, pp. 54-61.
Prabhakar Raj Kumar and Leelavathi (2014) Significance of self help groups in Tamil Nadu, International Review of Research in Emerging Markets and the Global Economy (IRREM), Vol.1, Issue No.1 pp.22-32.
Downloads
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
All papers should be submitted electronically. All submitted manuscripts must be original work that is not under submission at another journal or under consideration for publication in another form, such as a monograph or chapter of a book. Authors of submitted papers are obligated not to submit their paper for publication elsewhere until an editorial decision is rendered on their submission. Further, authors of accepted papers are prohibited from publishing the results in other publications that appear before the paper is published in the Journal unless they receive approval for doing so from the Editor-In-Chief.
IJISAE open access articles are licensed under a Creative Commons Attribution-ShareAlike 4.0 International License. This license lets the audience to give appropriate credit, provide a link to the license, and indicate if changes were made and if they remix, transform, or build upon the material, they must distribute contributions under the same license as the original.
