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dc.contributor.authorPrakash, Bishwajeet
dc.date.accessioned2020-08-21T06:36:40Z
dc.date.available2020-08-21T06:36:40Z
dc.date.issued2020
dc.identifier.citationPrakash, Bishwajeet & Verma, Jainendra Kumar (2020) Industrial Sickness in Micro, Small and Medium Enterprises in Bihar, Indiaen_US
dc.identifier.urihttp://172.158.2.16/handle/32116/2772
dc.description.abstractThe research entitled „Industrial sickness in Micro, Small and Medium Enterprises (MSMEs) in Bihar, India‟ is an empirical study for various dimensions of industrial sickness in the state Bihar. The study investigates the magnitude of the financial distress among the MSMEs in the state, as well find out the major causes for the industrial sickness in MSMEs. The study has also included the significant remedial measure as revival for the sick enterprises in the state. MSMEs played a significant role in creation of new jobs, help in increasing Gross Domestic Product (GDP), entrepreneurship, and innovation; this sector emerged as vibrant key drivers for the Indian economy. In India, MSMEs contribute 40% in total GDP and provide second largest employment after agriculture. MSMEs faces huge number of challenges and problems, which lead to a business, became sick or failure in due course. Industrial sickness is universal phenomena and spread in all type of industries all over the world. It adversely affects the health of industrial sector as well economy. This study covers the problems, causes, and prediction of industrial sickness among the various Micro small and medium industries in Bihar. The study is based on the perception of entrepreneurs and financial statement of the enterprises. Major objectives of this research are to study the growth and performance of MSMEs in Bihar, problems faced by entrepreneurs at all the stages of units, source of funding, causes of industrial sickness include internal and external factors responsible for sickness, predict the v industrial sickness in industries, remedial measure to fostering entrepreneurs, and suggest suitable policies to reduce the effect of industrial sickness in the economy. The study is based on primary and secondary database. In primary data of 450 enterprises has been collected from 9 representative districts of Bihar, with including of all types of forms (Sole Proprietorship, Partnership, Private Limited Companies etc) and kinds (Services, Manufacturing) of business took part in the study. A pre-tested well designed schedule has been used for the collection of primary data from enterprises. The secondary data and financial statement of enterprises has been taken through various agencies‟ websites. The responses of the participants were analyzed by using the statistical package for social sciences (SPSS), which generated the frequency distributions, means, standard deviations, variances, chi-square statistics, analyses of variance (ANOVA), t-statistics, and factor Analysis of the responses. In order to identify the fore warning indicators of industrial sickness in small and medium enterprise, Altman Model is used. The hypothesis of the result has been tested at 0.05 level of significance. The study has resulted that 27 most important factors are responsible for the industrial sickness in the state. The research may be beneficial to all concern especially researcher, academicians and policy makers to understand the magnitude of industrial sickness, its prediction and taking remedial measureen_US
dc.language.isoen_USen_US
dc.publisherCentral University of Punjaben_US
dc.subjectMSMEsen_US
dc.subjectIndustrial sicknessen_US
dc.subjectBiharen_US
dc.subjectfincial distressen_US
dc.subjectcauses & Remediesen_US
dc.title“Industrial Sickness in Micro, Small and Medium Enterprises in Bihar, India”en_US
dc.typeThesisen_US
dc.contributor.supervisorVerma, Jainendra Kumar
dc.identifier.accessionnoT01237


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