Challenges in Availing Finance for MSME Entrepreneurs

  • K Murugeswari Research Scholar, C.P.A College, Bodinayakanur, Theni, Tamil Nadu, India
Keywords: MSME Entrepreneurs, Finance, Government schemes


In India’s socio-economic development, Micro, Small and Medium Enterprises play an important role. The agricultural sector is the first in employing the majority of the people, whereas MSMEs hold second place. MSME sector provides employment opportunities at the minimum capital cost. It assures more equitable distribution of national income/wealth and reduces regional imbalances as they are widespread both in urban and rural areas.

In many cases, entrepreneurs struggle to find any finance for new and uncertain businesses without collateral security. In recent years, spectrums of new Government programs are available to start-ups and growing businesses. This paper attempts to provide a view of those financial needs of Entrepreneurs, various Government schemes, challenges faced by Micro, Small and Medium Enterprises while availing the loans.

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