• Sindhu C

The Micro, Small and Medium enterprises are playing a vital role in the economic development of the country. They help to generate more employment and income with lower investment through the utilization of domestically available resources. The role of Micro, Small and Medium Enterprises (MSMEs) in the economic development of Kerala is also very important. As on 31st March 2013 there were 2,19,444 MSME units in Kerala of which 55,416 are owned by women. The total investment made by all these units together constitute Rs.12,12,674 lakhs. There are over 6,000 various MSME products ranging from traditional to high-tech items are produced. The value of goods and services produced by all these units together constitute Rs.43,36, 995 lakhs and the employment generated from these sector was 11,03,126 during 2012-13. Among the MSMEs in Kerala, the Micro and Small Enterprises have the highest share in terms of number of working units, income and employment generated. MSMEs are required to remain globally competitive and to find out new strategies to meet the challenges. Therefore, it is important to understand what are the major problems faced by MSMEs in Kozhikode and Palakkad districts in Kerala? Therefore the objective is to find the problems faced by MSMEs in select districts of Kerala. The study is mainly based on the primary data and secondary sources. Field survey method was employed to collect the primary data from MSMEs in the districts of Palakkad and Kozhikode using well framed questionnaire. Based on the information available from the list of the micro and small enterprises registered in these two districts were collected from the concerned District Industry Centers 115 MSMEs were met and circulated the questionnaire for data analysis on problems faced by them. For analyzing the primary data Percentage Analysis, Weighted Average and Chi-Square Test were used. It is obviously found that medium and micro industries have to suffer more than that of the small scale industries surveyed in the study areas. It is recommended that only when the MSMEs are adequately supported with necessary financial supports and fulfilling the firms requirements can help them perform well to enhance their sustenance and profitability. Finally, it is concluded that the MSMEs are highly self motivated that is the reason why they started their own units and also providing employment to the community which is a healthy sign of national growth. In this regard government initiative should not be deficient to impede their growth, hence, financial support is a must to ensure their certainty in the business will also help them build a suitable infrastructure towards growth prospects.

Micro, Small, Medium, Enterprise, Problems, etc..

"PROBLEMS FACED BY MSMEs IN THE SELECTED DISTRICTS (KOZHIKODE AND PALAKKAD) OF KERALA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.703-709, June-2019, Available :http://www.jetir.org/papers/JETIR1906G09.pdf

"PROBLEMS FACED BY MSMEs IN THE SELECTED DISTRICTS (KOZHIKODE AND PALAKKAD) OF KERALA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp703-709, June-2019, Available at : http://www.jetir.org/papers/JETIR1906G09.pdf