EXCEL International Journal of Multidisciplinary Management Studies, 2014
Small & micro enterprises are highly significant for the economy of any country and it is more so... more Small & micro enterprises are highly significant for the economy of any country and it is more so in case of the emerging economies of the third world. Economies of such nations in particular & others in general are boosted up by these two types of enterprises. Small & micro enterprises emerged as saviours during the recession period restoring the billions & trillions of lost jobs and business activity despite slow and fragile economic conditions prevalent world over. These small & micro enterprises plays a vital role in the promotion of economic development by increasing entrepreneurial activities, creating employment opportunities and function in backward areas thereby boosting up the given economies. Small & micro enterprises have capability to create a large number of earning opportunities (though smaller & manual one), catering to a big segment of the population. This present research paper would study the role of small & micro enterprises in emerging economies and their contribution to the economic development of the country as a whole taking India as a reference.
The Entrepreneurial Development Programmes (EDPs) are one of the most important inputs in the Ent... more The Entrepreneurial Development Programmes (EDPs) are one of the most important inputs in the Entrepreneurial development of a country. It plays a pivotal role not only in the industrial sector, but also in the development of service sector of a country. It helps in building of new entrepreneurs which in turn creates large scale employment opportunities, promotes capital formation and balanced regional development. Indirectly, it also helps to increase Gross National product and per capita income, standard of living and exports etc. The study has been undertaken to know the efficiency of Entrepreneurial Development Programmes in India. The methodology adopted in the study is based on primary and secondary data based sources. Primary data has been taken from face to face interviews with some entrepreneurial development Programme heads and Entrepreneurs. Secondary data has been taken from the websites of Entrepreneurial Development websites.
ZENITH International Journal of Business Economics & Management Research, 2017
Although, India and China have different in terms of political systems, the infrastructure and at... more Although, India and China have different in terms of political systems, the infrastructure and attitude towards growth but they are aggressively pursuing economic liberalization, privatization and globalization (LPG) for development. Both the countries put emphasis on science, information & communication technology (ICT), and exports as a basis for their growth. Their strategic paths for economic development are remarkably different from each other. China"s strategy is methodical and organized, while that of India"s is opportunistic, unsystematic, ambiguous and unorganized. Guided by the firm hands of the government, China"s approach to development has been very positive as compare to India. China has a greater control over its economic policies than India. India and China both are continuously showing increasing share in world market. The results might be far from perfect; yet their development is creating strong blocks in the world economy in general and developing one in particular. Further, the urban-rural economic divide and the impact on the environment, unemployment rate especially in India and widening of poverty line etc. may be worsening further in coming years. Precisely, India is attempting to plough back from a predominantly agricultural economy to a knowledge-based service economy and to attain to; it has fixed a target with no shift of significant labor force from agricultural sector to service or industry sector. Infact, India"s infrastructure investment is very low; it is around 2% in comparison to China where it is 9%. The structure of primary sector has fallen from 60% to 25% in the last almost six decades in India, its growth has shown very uneven pattern of development. The work force has not changed, as more than 51% of labor force is still linked with Agriculture in comparison to china where it is only 34.8%.
IOSR Journal of Business and Management (IOSR-JBM), 2016
This study investigates the structure of the retail sector in India with special reference to Big... more This study investigates the structure of the retail sector in India with special reference to Big Bazaar and its potential in stimulating entrepreneurial skills and knowledge. Study has found that India is dominated by huge unorganized retail sector. Now, even the organized sector is gradually increasing its share in retail sector. Big Bazaar is the largest retail brand in our country. It is employing the youth in thousands in different cities all around the country. It also pays taxes which is abundantly lacking in unorganized sector. After applying many matrices on Big Bazaar the study found that, it is at a growing stage. It is at a stage where it is increasing as well as diversifying its operations. It has launched many attracting schemes to catch customers at a large scale. Study also finds out that indeed the Big Bazaar is a biggest outlet in a country, but it has some limitations also. Abundantly boosting online stores are the biggest threat to retail sector entrepreneurship in India. Because, increasing purchases from online stores seem easier to customers rather than going to retail stores.
EXCEL International Journal of Multidisciplinary Management Studies, 2014
Small & micro enterprises are highly significant for the economy of any country and it is more so... more Small & micro enterprises are highly significant for the economy of any country and it is more so in case of the emerging economies of the third world. Economies of such nations in particular & others in general are boosted up by these two types of enterprises. Small & micro enterprises emerged as saviours during the recession period restoring the billions & trillions of lost jobs and business activity despite slow and fragile economic conditions prevalent world over. These small & micro enterprises plays a vital role in the promotion of economic development by increasing entrepreneurial activities, creating employment opportunities and function in backward areas thereby boosting up the given economies. Small & micro enterprises have capability to create a large number of earning opportunities (though smaller & manual one), catering to a big segment of the population. This present research paper would study the role of small & micro enterprises in emerging economies and their contribution to the economic development of the country as a whole taking India as a reference.
The Entrepreneurial Development Programmes (EDPs) are one of the most important inputs in the Ent... more The Entrepreneurial Development Programmes (EDPs) are one of the most important inputs in the Entrepreneurial development of a country. It plays a pivotal role not only in the industrial sector, but also in the development of service sector of a country. It helps in building of new entrepreneurs which in turn creates large scale employment opportunities, promotes capital formation and balanced regional development. Indirectly, it also helps to increase Gross National product and per capita income, standard of living and exports etc. The study has been undertaken to know the efficiency of Entrepreneurial Development Programmes in India. The methodology adopted in the study is based on primary and secondary data based sources. Primary data has been taken from face to face interviews with some entrepreneurial development Programme heads and Entrepreneurs. Secondary data has been taken from the websites of Entrepreneurial Development websites.
ZENITH International Journal of Business Economics & Management Research, 2017
Although, India and China have different in terms of political systems, the infrastructure and at... more Although, India and China have different in terms of political systems, the infrastructure and attitude towards growth but they are aggressively pursuing economic liberalization, privatization and globalization (LPG) for development. Both the countries put emphasis on science, information & communication technology (ICT), and exports as a basis for their growth. Their strategic paths for economic development are remarkably different from each other. China"s strategy is methodical and organized, while that of India"s is opportunistic, unsystematic, ambiguous and unorganized. Guided by the firm hands of the government, China"s approach to development has been very positive as compare to India. China has a greater control over its economic policies than India. India and China both are continuously showing increasing share in world market. The results might be far from perfect; yet their development is creating strong blocks in the world economy in general and developing one in particular. Further, the urban-rural economic divide and the impact on the environment, unemployment rate especially in India and widening of poverty line etc. may be worsening further in coming years. Precisely, India is attempting to plough back from a predominantly agricultural economy to a knowledge-based service economy and to attain to; it has fixed a target with no shift of significant labor force from agricultural sector to service or industry sector. Infact, India"s infrastructure investment is very low; it is around 2% in comparison to China where it is 9%. The structure of primary sector has fallen from 60% to 25% in the last almost six decades in India, its growth has shown very uneven pattern of development. The work force has not changed, as more than 51% of labor force is still linked with Agriculture in comparison to china where it is only 34.8%.
IOSR Journal of Business and Management (IOSR-JBM), 2016
This study investigates the structure of the retail sector in India with special reference to Big... more This study investigates the structure of the retail sector in India with special reference to Big Bazaar and its potential in stimulating entrepreneurial skills and knowledge. Study has found that India is dominated by huge unorganized retail sector. Now, even the organized sector is gradually increasing its share in retail sector. Big Bazaar is the largest retail brand in our country. It is employing the youth in thousands in different cities all around the country. It also pays taxes which is abundantly lacking in unorganized sector. After applying many matrices on Big Bazaar the study found that, it is at a growing stage. It is at a stage where it is increasing as well as diversifying its operations. It has launched many attracting schemes to catch customers at a large scale. Study also finds out that indeed the Big Bazaar is a biggest outlet in a country, but it has some limitations also. Abundantly boosting online stores are the biggest threat to retail sector entrepreneurship in India. Because, increasing purchases from online stores seem easier to customers rather than going to retail stores.
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