LANGUAGE IN INDIA

Strength for Today and Bright Hope for Tomorrow

Volume 12 : 6 June 2012
ISSN 1930-2940

Managing Editor: M. S. Thirumalai, Ph.D.
Editors: B. Mallikarjun, Ph.D.
         Sam Mohanlal, Ph.D.
         B. A. Sharada, Ph.D.
         A. R. Fatihi, Ph.D.
         Lakhan Gusain, Ph.D.
         Jennifer Marie Bayer, Ph.D.
         S. M. Ravichandran, Ph.D.
         G. Baskaran, Ph.D.
         L. Ramamoorthy, Ph.D.
Assistant Managing Editor: Swarna Thirumalai, M.A.

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M. S. Thirumalai
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An Economic Analysis of Women Entrepreneurs in Namakkal District, Tamil Nadu

M. Senthilkumar and T. Sudha, Ph.D.

Abstract

The paper analyses the economics of women entrepreneurs in Namakkal District, Tamil Nadu. The paper examines the importance and problems of women entrepreneurs in Tamil Nadu and India. In particular, two blocks of Namakkal District is selected for the study where 240 women entrepreneurs are randomly selected, i.e. 120 from Tiruchengode and another 120 from Namakkal block. The profile of the women entrepreneurs are discussed in the first part of the paper and second part examines the economics of women entrepreneurs. That is, nature of business, form of business, sources of funds, sales turnover, net income and return on investment are examined. Of the selected women entrepreneurs, majority of them engage in business, industrial and service sector constitutes next. In both rural and urban areas, most of the women entrepreneurs opted for sole proprietorship for unified control. Maximum number of women entrepreneurs both rural and urban has invested from their own fund. No entrepreneurs have borrowed money from private money lenders due to the high rate of interest. The sales turnover is high in urban area as compared to rural area. Business and service sector contributes more comparatively. Average returns are high in business sector, industrial sector and service sector respectively. The paper suggests the government and NGOs to give training and orientation to women entrepreneurs thereby to earn more returns.

1. INTRODUCTION

Entrepreneurship is an economic activity, which is undertaken by an individual or group of individuals. Entrepreneurship can be defined as the making of a new combination of already existing material and forces, which entrepreneurship throws up as innovative as opposed to inventions and that no one is entrepreneur forever, only when he/she is actually doing the innovative activity (Schumpeter Joseph, 1961). A women entrepreneur is a person who is an enterprising individual with an eye for opportunities and an uncanny vision, commercial acumen, with tremendous perseverance and above all a person who is willing to take risks with the unknown business because of the adventurous spirit she possesses (Medha Dubhashi Vinze, 1987).

This is only the beginning part of the article. PLEASE CLICK HERE TO READ THE ARTICLE IN PRINTER-FRIENDLY VERSION.

M. Senthilkumar
Assistant Professor
Department of Economics
Annamalai University
Annamalai Nagar – 608 002
Tamilnadu
India
senthil2682@gmail.com

T. Sudha, Ph.D.
Assistant Professor
Department of Economics
Annamalai University
Annamalai Nagar – 608 002
Tamilnadu
India
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