International Journal of Financial Research ISSN 1923-4023
WORKING CAPITAL IN SMALL SCALE INDUSTRY
*Dr. shivaji Waghamare **Dr.Ravichandra Reddy
Small scale industry (SSI) plays an important role in the economy of the state of Karnataka. In spite of all the odds, the SSI sector has emerged as India’s engine of growth in the new millennium. The SSI sector in India contribute almost 40% of the gross industrial value added, the study is undertaken by taking 5 years data from secondary source. From this study, it has been found the working capital management is to decide the pattern of financing of the current assets, which is one of the biggest problems of working capital management. The SSIs has to decide about the sources of funds which can be avail to make investment in the current assets. The problem of working capital management of small-scale industries is not new.
Keywords: Importance of Working Capital, Growth of Current Assets Structure of working Capital, Effectiveness of Working Capital