Research Guide: Parth J Shah
– Study the economic and social significance of Medium, small and micro enterprises in India.
– Regulatory and operational problems faced by these enterprises.
– Govt policies in this sector.
– Best practices exercised around the world.
– Make an attempt to suggest policy solutions to the prevailing problems.
Stage 1 (week 1)
– Get a basic idea of the economic and social significance of Micro, Small and Medium enterprises.
– Talk to the research guide.
– Form a plan of action.
Stage 2 (Week 2)
– Study the problems faced by MSMEs.
- Regulatory and expansionary barriers.
- Fractionalisation of a single expanding unit into many smaller ones as response to increasing regulations.
- High cost of credit.
- Low access to new technology and poor adaptability to changing trends.
- Any other
– Find out the measures taken by the govt to deal with these problems.
Stage 3 (week 3)
– Fieldwork (learning about the struggles of the producers in this sect)
- Visit Shahpurjaat, Sarojini Nagar and Chandnichawk market.
- Interviews with various small entrepreneurs.
- Personal experience of people, struggle with authorities, operation, expansion or any other.
- Figure out the failure rate in MSMEs and organise focused group discussions to find out reasons for the same.
– Compile the findings of the field visits.
Stage 4 (week 4)
– Compile and analyse collected data.
– Study various models of management in MSMEs (2 from BRICS and 1 developed country).
– Suggest policy changes for betterment of the MSMEs and solve prevailing problems.
Stage 5 (week 5)
– Write the main research paper.
Stage 6 (week 6)
– Discuss and check viability and applicability of the suggested policy changes/solutions.
– Reread the paper and make necessary changes.