International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

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OPPORTUNITIES AND CHALLENGES FOR SMALL SCALE ENTREPRENEURSHIP IN INDIA

    1 Author(s):  DR. MEGHNA TANDON

Vol -  9, Issue- 1 ,         Page(s) : 430 - 437  (2018 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

The entrepreneurs involved in running small-scale units are generally termed small entrepreneurs. It is evident that small entrepreneurs outnumber large entrepreneurs in every country. The small entrepreneurs who have a high level of administrative capability, flair and ability for decision-making, computational skills, delegation, organizational and communication skills and sound technical knowledge stand a much better chance of success than their counterparts who possess lower levels of these basic qualities. Small-scale industries have been given special importance by successive Governments in the industrial development of the country. The strength of the small-scale industries lies in their low capital intensity, higher employment potential, low requirements of infrastructure facilities, quicker production requiring less gestation period, wider spatial dispersal of the units and better distribution of the industrial income.

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