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
PROBLEMS AND PERCEPTIONS OF WEAKER SECTION ENTREPRENEURS IN NELLORE DISTRICT
Authors Name:
K. Malyadri
, M. Venkateswarlu , K. Kalesha
Unique Id:
IJSDR2402054
Published In:
Volume 9 Issue 2, February-2024
Abstract:
The term "weaker section" refers to a section of the population that is socially, economically, and politically behind the other sections of the population and has been experiencing various forms of inabilities as a result of their backwardness. The Government of India Act, 1935, defines “weaker sections” as class or classes of people who are suffering from educational and economic backwardness, as well as some aspects of social life, due to traditional customs of untouchability, tribal background, tribal way of life, or other backwardness. In India weaker sections encompassing marginalized groups such as Scheduled Castes, Scheduled Tribes, Other Backward Classes, and economically disadvantaged individuals. The research focuses on the objectives of identifying the problems and perceptions of sample entrepreneurs in the Nellore district, particularly those who received financial assistance from the Andhra Pradesh State Finance Corporation (APSFC) between 2022 and 2023. The sample design involves 3658 entrepreneurs from four revenue divisions, with a convenience sampling method adopted for selection. The study spans a ten-year period from 2012-13 to 2021-22, with primary data collected in 2022-23 and secondary data gathered from 2013 to 2022. The problems faced by the sample entrepreneurs are categorized into financial, raw material, marketing, labour, and infrastructural issues. The study also assesses general problems in obtaining assistance from Nellore branch APSFC, highlighting concerns such as delays in loan processing, inadequate sanctions, excessive terms and conditions, high-interest rates, and delays in disbursements. Perceptions of sample entrepreneurs regarding APSFC's activities, sources of information, and opinions about obtaining complete information are analyzed.
Keywords:
APSFC, Weaker sections, Disbursement, Perception.
Cite Article:
"PROBLEMS AND PERCEPTIONS OF WEAKER SECTION ENTREPRENEURS IN NELLORE DISTRICT", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.9, Issue 2, page no.366 - 372, February-2024, Available :http://www.ijsdr.org/papers/IJSDR2402054.pdf
Downloads:
000338719
Publication Details:
Published Paper ID: IJSDR2402054
Registration ID:209980
Published In: Volume 9 Issue 2, February-2024
DOI (Digital Object Identifier):
Page No: 366 - 372
Publisher: IJSDR | www.ijsdr.org
ISSN Number: 2455-2631
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