Open AccessA Study on Trend and Pattern of Beneficiaries of Prime Minister Employment Generation Scheme
Author(s) -
Kunal Dhananjay M Borkar,
Prof Anthony Rodrigues,
Alroy A.S. Mascarenhas
Publication year - 2022
Publication title -
webology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.259
H-Index - 18
ISSN - 1735-188X
DOI - 10.14704/web/v19i1/web19136
Subject(s) - prime minister , government (linguistics) , entrepreneurship , business , economic growth , developing country , capital (architecture) , prime (order theory) , finance , economics , political science , politics , philosophy , linguistics , mathematics , archaeology , combinatorics , law , history
MSME has been considered as one of the major dynamic forces for the economic development in developing economy. MSME’s continuous immense contribution towards manufacturing, exports, employment opportunities empowering rural youth by providing equitable opportunities directly or indirectly is strengthening the economy. The growth of enterprise sector is also developing a strong base for entrepreneurship development which is considered to be as one of the major indicator of economic development. Every new start up needs to raise capital to implement new ideas, easy availability of finance for same is acting as one of major challenge. The Government of India through its institution has made several arrangements by launching several schemes, financial assistance to meet the diverse financial requirement. In Goa the Prime Minister Employment Generation Program is managed by two Government agencies i.e. Khadi Village Industries and Department of Industries, Trade and Commerce. This paper is a sincere attempt to study the trend and pattern of financing start up entrepreneurs through Prime Minister Employment Generation Program by Department of Industries Trade and Commerce in Goa.