Organisational Culture of Women Owned MSME un...

Organisational Culture of Women Owned MSME units in Bihar: A Study With Special Reference to Patna District

Author Name : Prabha Shankar, Dr. Dinesh Prasad Gupta

ABSTRACT Entrepreneurs are those who are always alert for new opportunities to come and earn the profits which are available in the market. An entrepreneur is an art of creating a business, a person who establishes an enterprise intending to profit. Entrepreneurs are job creators, and they imagine the world differently. If the idea is stuck in any entrepreneur’s mind, they will execute it without thinking about the failure. So, entrepreneurs are all about the execution of the new idea. Most women are interested in running retail business, food processing, garments making etc. Such firms require less skill, resources, and finance. Women actively participate in small and medium scale enterprises, but they still face problems and challenges for their business growth. Bihar is one of the major home of MSME sector in India, with nearly 95% of its industries falling under the particular category, notwithstanding, only 5% of these industries are exposed to banks (SME Venture, 2017). Despite the Government of India (GoI) releasing press reports reviewing the year end success story of MSMEs and their employment generation in 2018, of which Bihar shows to have 915 projects involving assistance to women empowerment (Press Information Bureau, 2018), majority of these MSMEs in the state faces from difficulty in obtaining capital, inadequate and unreliable power supply, zero access to modern technology, dearth of latest information and lack of market and infrastructure.