SOCIO-ECONOMIC CONDITION OF POWERLOOM ENTREPRENEURS IN ERODE DISTRICT, TAMILNADU-AN ANALYSIS

S.Sudha; Dr.M.G.Saravanaraj

Volume : V, Issue : V, May - 2016

SOCIO-ECONOMIC CONDITION OF POWERLOOM ENTREPRENEURS IN ERODE DISTRICT, TAMILNADU-AN ANALYSIS

S. Sudha, Dr. M. G. Saravanaraj

Abstract :

The MSME sector covers the full range of medium and small enterprises. It includes industries using state of art of technology with medium capital investment. The SSI sector has played an important role in the Indian economy. Powerloom sector products meet a substantial part of the essential requirement of rural and semi urban areas. This will play a significant role in uplifting and removal of poverty. This article highlights the role of state government, DIC, Govt. of India, Commercial banks, SIDBI & IDBI, as well as state finance corporation to promote Powerloom sectors in Erode District.