Abstract
Small scale industry (SSI) plays an important role in the economy of the state Rajasthan of India. In spite of all the odds, the SSI sector has emerged as India’s engine of growth in the new millennium. The SSI sector in India contribute almost 40% of the gross industrial value added, the study is undertaken by taking 5 years data from secondary source. From this study, it has been found the working capital management is to decide the pattern of financing of the current assets, which is one of the biggest problems of working capital management. The SSIs has to decide about the sources of funds which can be avail to make investment in the current assets. The problem of working capital management of small-scale industries is not new.
Highlights
Small-scale industry (SSI) plays an important role in the economy of the state Rajasthan of India
The present study is based on the secondary data collected from Annual Statistic Abstracts, Hand Books published by Directorate on Industries Rajasthan, census report of 3rd All India Census of SSIs 2001-2002 conducted by Development Commissioner (SSI), Government of India, and Report published by RBI
The study is undertaken by taking 5 years data from secondary source. It has been found the working capital management is to decide the pattern of financing of the current assets, which is one of the biggest problems of working capital management
Summary
Small-scale industry (SSI) plays an important role in the economy of the state Rajasthan of India. The SSI sector in India contribute almost 40% of the gross industrial value added, 45% of the total export and is the second largest employers of human recourses after agriculture in India as well as in the state of Rajasthan. In Rajasthan, it is estimated that about 40% of SSI units are sick industries. A large number of SSIs are found to be sick due to lack of working capital, raw materials and marketing facilities. The present study aim set to evaluate the working capital management problems of SSI in Rajasthan. The present study is based on the secondary data collected from Annual Statistic Abstracts, Hand Books published by Directorate on Industries Rajasthan, census report of 3rd All India Census of SSIs 2001-2002 conducted by Development Commissioner (SSI), Government of India, and Report published by RBI. Besides this the journals published by ICWA of India, ICA of India and ICFA of India have been used to obtain data
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