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INTERNATIONAL JOURNAL OF SCIENTIFIC DEVELOPMENT AND RESEARCH International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2455-2631 | Impact factor: 8.15 | ESTD Year: 2016 open access , Peer-reviewed, and Refereed Journals, Impact factor 8.15 |
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| Paper Title: | A Study on Performance of MSMEs in Odisha |
| Authors Name: | Dr. Bhagabata Behera |
| Unique Id: | IJSDR2311057 |
| Published In: | Volume 8 Issue 11, November-2023 |
| Abstract: | The SME sector which is one of the biggest contributors to Indian economy is expected to play a vital role in the coming decade. Its development is perceived to be crucial owing to the financial inclusion capabilities and generation of substantial employment opportunities across rural and urban areas. Further it has the scope of supporting new generation enterprises that can flourish both the domestic as well as foreign entrepreneurs. SMEs help in providing the security to workers’ rights and social protection to livelihood of billions of population through their nature of small amount of investment. Therefore, there is no doubt that the sector has the potential to generate employment opportunities especially in unskilled and semi skilled category. The industry provides employment opportunities with a substantially higher level of intensity as compared to major sectors. Yet, problems including finance, availability of skilled labours and rising automation are endangering the sector's productivity. Evaluating the performance of SMEs is essential for enhancing current technologies and the support system. In this light, the researcher has made an effort to examine the impact of different factors of Operational, Management and Financial aspects of SMEs on its overall performance with the use of Factor Analysis and Structural Equation Modeling based on the views of 510 managers/owners of 384 SMEs spread over 30 districts of Odisha. The study identified significant impact of Operational, and Financial aspects on “overall performance of SMEs”. |
| Keywords: | Small and medium-sized enterprises, Operational, Management and Financial aspects |
| Cite Article: | "A Study on Performance of MSMEs in Odisha", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.8, Issue 11, page no.392 - 400, November-2023, Available :http://www.ijsdr.org/papers/IJSDR2311057.pdf |
| Downloads: | 000338719 |
| Publication Details: | Published Paper ID: IJSDR2311057 Registration ID:209016 Published In: Volume 8 Issue 11, November-2023 DOI (Digital Object Identifier): Page No: 392 - 400 Publisher: IJSDR | www.ijsdr.org ISSN Number: 2455-2631 |
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