A Study on Socio-Economic Impact on Women Owned Enterprises funded by Canara Bank MSME Section

Banks play a vital role in development of economy, industry and trade. The MSME has emerged as a highly vibrant and dynamic sector of the Indian economy by contributing to GDP. Women in India are well educated and have ample knowledge of business like how to setup business provide proper training for employees, recruitment and selection process, provide equal opportunities to employees both men and women, how to run a business, how to earn profit etc. To give a supporting hand, banks have introduced many schemes to fund them. This project involves the study of socio-economic impact of women owned enterprises in MSME section at Canara Bank with a special focus on MSME sector. This study is focused on two schemes namely MSME VIJETA and STAND UP INDIA schemes which are provided to women entrepreneurs from bank. The project involves analytical study and was completed through a survey. Anova and Correlation were used to analyze the data and conclusion was drawn out the survey.