PROBLEMS AND CHALLENGES OF ENTREPRENEURS TOWARDS SIDCO INDUSTRIES IN CHENGALPATTU DISTRICT, TAMILNADU

Small Industries Development Corporations (SIDCO) is a fully owned Government Corporation. It provides financial assistance in the form of loans or subscriptions to debentures and shares, guarantees, etc. SIDCOs procure scarce raw materials from the domestic market and international market and make them available to needy small scale industries as per their requirements. SIDCO helps many small workers and unskilled workers for improving their livelihood; it also focuses on wellbeing of small upcoming and grown industries and motivates small industries through financial support. Government of India has announced many special schemes to uplift and improve small industry and helps in competing with large industries.