Financial Distress in Micro Small & Medium Enterprises: Special Reference to Indian Tour & Travel Companies AMAR SINGH
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Abstract
In India Tourism related MSMEs are liable to get the facilities like friendly banking services, easy
finances, wide coverage of insurance, erosion of financial intermediaries, etc. This will help the
tourism related MSMEs to flourish and prosper in the country. As of now, there are a number of
facilities provided to new MSMEs but still there is a scope to facilitate the existing MSMEs in the
country, like providing them with appropriate credit facilities, tax holidays, etc. so that they can
directly contribute to the economic development of the country.
This present study will evaluate the finance and credit related issues of MSMEs, especially in case
of the tourism. This study is based on primary data and the researcher has used ANOVA test to
verify the hypothesis.
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