Entrepreneurs� Perception on Government Financial Assistance Towards The Development of Small Scale Industries in Krishnagiri District, Tamilnadu

B. Mohandhas; Dr. G. Prabakaran

Volume : IV, Issue : V, May - 2014

Entrepreneurs� Perception on Government Financial Assistance Towards The Development of Small Scale Industries in Krishnagiri District, Tamilnadu

B. Mohandhas, Dr. G. Prabakaran

Abstract :

The main objective of the study is to assess the Government financial assistance towards the development of small scale industries in the district. The primary and secondary data were used. The primary data were collected by the researcher with the help of structured interview schedule. The Cochran’s sample size formula and his correction formula (1977) were applied to determine the optimum sample size (349). Multi–stage random sampling method was used. Statistical Package for Social Science (SPSS) tools such as, factor analysis, cluster analysis, discriminant analysis, chi–square test, correlation and regression analysis were used to analyse the data. Based on test result it is found that out of 349 respondents, 138 respondents (39.5%) have received medium assistance, 116 respondents (33.2%) have received high assistance and only 95 respondents (27.2%) have received low assistance. It is observed that majority of the respondents (39.5%) have received medium assistance. It is also found that only two variables i.e., First generation entrepreneurs’ loan (0.884) and Capital subsidy (0.108) have significant effect on Government financial assistance among small scale entrepreneurs.