Sip Project
Sip Project
Submitted to
GANDHINAGAR UNIVERSITY
Under the Guidance of
JEEL KAYASTH
(Enrollment No. 220204011032)
MBA (Semester – III)
1|Page
STUDENT’S DECLARATION
I/We hereby declare that the Summer Internship Project Report titled “RENT SUBSIDY
PROGRAM FOR MSMEs SUPPORTING SMALL BUSINESS OVERCOMING
FINANCIAL CHALLENGES” IN AHMEDABAD CITY” is a result of my/our own work
& my/our indebtedness to other work publications, references, if any, have been duly
acknowledged. If I/we am/are found guilty of copying from any other report or published
information and showing as my/our original work, or extending plagiarism limit, I/we
understand that I/we shall be liable and punishable by the university, which may include Failing
me/us in examination or any other punishment that university may deem fit.
The goal of preparing the comprehensive project report is to learn about customer satisfaction
with the state government of Gujarat's subsidies schemes. The project was completed as part
of the academic activity for the "Master of Business Administration" course.
The project report is an essential component of this MBA course that provides us with thorough
knowledge of the business environment as well as theoretical and practical concepts that are
used by business players. The primary goal of this project report at the MBA level is to help
students develop their skills by completing the theoretical and practical study.
Because we visited numerous locations and interacted with a wide range of people, we were
able to gain a deeper understanding of marketing, making the project's successful completion
a truly unique experience for us.
The produced a golden opportunity for us to enriched knowledge by practical as well as testing
theoretical knowledge with the managerial skill and application of all the information collected
from the respondents is presented in form of project report to Gandhinagar University.
ACKNOWLEDGEMENTS
Only due to blessings of “GOD” and “MY/OUR PARENTS”, I/we have been successful
to handle this project. It is pleasure to thank many individuals who helped me/us in all
phases of the project. Without their help, I /we would not have finished this project, or even
started it. Achievement of a goal is not one person’s job, it is a process and knowingly or
unknowingly many people contribute to this. Hence, I/we would be delighted to grab this
opportunity of recognizing all contributors by showing my/our sincere gratitude.
I am very grateful to Dr. Virendra Chavda (Internal Guide), Asso. Prof. at Gandhinagar
Institute of Management, Gandhinagar for guiding me/us in completing my/our project
successfully.
I take this opportunity to express my/our gratefulness to all faculty members of MBA
programme, Gandhinagar Institute of Management, Gandhinagar whose advice and
supervision had helped in the completion of the project work.
We are extremely thankful to Vision Capital and, in particular, our guides, Mr. Dhawal
Agrawal (Chief Manager) and Dipak Patel (Marketing and Operations Manager),
for their constant support, who, in spite of their busy schedules, have provided us with
excellent guidance, suggestions, and directions, which enabled us to complete this project
at all stages.
I have taken my summer internship project “RENT SUBSIDY PROGRAM FOR MSMEs
SUPPORTING SMALL BUSINESS OVERCOMING FINANCIAL CHALLENGES”
IN AHMEDABAD CITY” This report contains of total 12 chapters. These chapters cover
various parameters and various details regarding various subsidies offered by state government
under MSMEs Schemes.
The First chapter includes Introduction of MSMEs Industry include various benefits and
PESTEL and SWOT Analysis of MSMEs Sector
Second chapter includes introduction of Vision Capital including history and group of
company and vision and mission
Fourth chapter includes of overview of various state government subsidies & customer
satisfaction related to state government subsidies
Fifth chapter is including of overview of vision capital competitors and SWOT Analysis of
vision capital
Eighth chapter is including Data Analysis and Interpretation of the survey during the summer
internship Program.
Institute Certificate
Company Certificate
Certificate of Examiner
Plagiarism Report
Preface
Acknowledgement
Executive Summary
The research appears to be investigating how rent subsidy programs can support
micro, small, and medium enterprises (MSMEs) in overcoming financial challenges.
These programs likely aim to provide assistance to small businesses struggling with
rent costs, potentially helping them sustain and grow despite economic difficulties.
CHAPTER : 1
1.1 INTRODUCTION
The Micro , Small and Medium Enterprise ( MSME) sector has emerged as a vibrant and
dynamic sector of the Indian economy. MSMEs play crucial role in providing large
employment opportunities at comparatively lower cost than large industries. MSMEs are
complementary to large industries as ancillary units and this sector contributes significantly to
the socio-economic development of the country.
Previous classification
ceiling
Classification of the New classification On investment in plant
MSME (annual turnover) and machinery
(in Rs.)
Indian micro, small and medium enterprises ( MSMEs) are rapidly adopting
digital payments over cash, with 72% payment done through the digital mode
compared with 28% cash transactions, Rise in digital adoption presents
prospects for further growth in the sector.
As per data from the ministry of micro, small, and medium Enterprises as of
February 22 2023 the Udyam registration portal registered 14,392,652 MSMEs
replacing the former process of filing for a Udyog Aadhaar memorandum
(UAM).
1
5
Small enterprise
Medium enterprise
Micro enterprise
54.41
Since its formation, the MSME segment has proven to be a highly dynamic Indian economy
sector. MSMEs produce and manufacture a variety of products for both domestic as well as
international markets. They have helped promote the growth and development of khadi, village,
and coir industries. They have collaborated and worked with the concerned ministries, state
governments, and stakeholders towards the upbringing of rural areas.
MSMEs have played an essential role in providing employment opportunities in rural areas.
They have helped in the industrialization of these areas with a low capital cost compared to the
large industries. Acting as a complementary unit to large sectors, the MSME sector has
enormously contributed to its socio-economic development.
MSMEs also contribute and play an essential role in the country’s development in different
areas like the requirement of low investment, flexibility in operations, mobility through the
locations, low rate of imports, and a high contribution to domestic production.
The below-mentioned data, represented in a tabular format, is by the Central Statistics Office
(CSO) and Ministry of Statistics & Program Implementation.
Number of MSMEs registered on udyam portal till dec 2022
Number
of 11,870,882 428,289 39,524 12,338,695
MSMEs
registered
Sources:pib.gov.com In
FY22, 8.59 lakh women-led MSMEs got registered on the Udyam portal which is 17% of the
total MSME registration. Around 63.4 million MSMEs contribute 6.11% of the manufacturing
GDP and 24.63% of services GDP in India.
MSME exports:
The Directorate General of Commercial Intelligence & Statistics (DGCIS), shared a data on
export of specified MSME related products in all India exports. It has depicted a YoY decline
from 25.03% to 42.67% in FY2022-23 (Up to August 2022), despite an increase in number of
active MSMEs
Source: pib.gov.in
Top export destinations for Indian MSMEs in FY22 were the US (US$ 54.7 billion), UAE
(US$ 13.4 billion), Hong Kong (US$ 9.93 billion), UK (US$ 7.54 billion), Germany (US$
7.19 billion), China (US$ 5.16 billion), Belgium (US$ 4.73 billion).
1.5 Benefits available under the MSMED Act.
2. Protection against delay in payment from Buyers and right of interest on delayed payment
Medium Enterprises:
The role of Micro, Small and Medium Enterprises in all type of economies is
well recognized. The same is more prominent in case of developing and
emerging economies where MSMEs are considered as growth engines.
Worldwide MSMEs contributes significantly in employment generation, equal
distribution of national income, optimum utilization of local resources, poverty
alleviation, rural development as well as mobilizing capital lying in the hands
of private sector. MSMEs are integral part of the supply chain of large scale
industries and provide vital forward and backward linkage to the overall
industrial sector.
PESTEL Analysis
POLITICAL
Government policies and regulations can have a significant impact on MSMEs. For
example, changes in tax laws or regulations can make it more or less expensive to operate a
business.
Government support for MSMEs can also be a key factor in their success. For example,
government grants or loans can help MSMEs to start or expand their businesses.
ECONOMICAL
The state of the economy can have a big impact on MSMEs. For example, a recession can
led to a decline in demand for goods and services, which can make it difficult for MSMEs to
stay afloat.
Interest rates can also affect MSMEs. Higher interest rates can make it more expensive for
businesses to borrow money, which can make it difficult to expand or invest in new
equipment.
SOCIOCULTURAL
Changes in demographics can affect the demand for MSMEs' products and services. For
example, an aging population may lead to an increase in demand for healthcare services,
which could create new opportunities for MSMEs in the healthcare sector
TECHNOLOGICAL
Technological advances can also create new challenges for MSMEs. For example, the rise
of e-commerce has made it easier for consumers to purchase goods and services from
businesses all over the world, which can put pressure on MSMEs to compete on price.2.
Environmental
Changes in laws and regulations can affect MSMEs. For example, new environmental
regulations can make it more expensive for businesses to operate, which can put a strain on
their profitability.
LEGAL
● Climate change and other environmental concerns are becoming increasingly important to
businesses. MSMEs can be affected by environmental regulations, as well as by the cost of
complying with those regulations.
CHAPTER:-2
RENT SUBSIDY
Eligibility Criteria
Any MSE (Micro and Small Enterprise) in manufacturing activities which has acquired
rented/leased shed/ premises will be eligible for assistance
Other Conditions
1. The owner of shed /premises should have legal ownership and possession.
2. The service activity and trading activity will not be eligible under the scheme.
4. Rent/ lease agreement must be in policy period.5. Applicant need to apply within six
months from the date of agreement of rent/lease deed.
9. The assistance of rent will be given with effect from the date of rent deed or three months
prior to the date of production whichever is later.
12. Unit must have to provide prior intimation to concern DIC in case of changing its rental
premises
2.2 RENT SUBSIDY MSMEs
REGISTRATION PROCESSING
Registration Process:
3. Provide the necessary details about your enterprise, including name, type, address, and
bank account details.
4. Enter the 10-digit Udyog Aadhaar Number (UAN) provided by the Ministry of MSMEs, if
you have already registered under the old Udyog Aadhaar Memorandum (UAM) process.
Documents Required:
6. Any other relevant documents as per the specific requirements of the state or local
authority.
CHAPTER 3
LITERATURE REVIEW
No Author Journal Year Topic Conclusion
Name Name
1 Hasan, ADB Economics (2009) Financial this paper underscores the
Niny Khor, Working Paper sector importance of financial sector
Anneli Series, development, development in fostering
Lagman economic economic growth and alleviating
Martin, growth, and poverty. A robust financial system
Pamela poverty is vital for stability and prosperity.
Bracey, reduction: A While microfinance and SME
Biao literature credit programs hold promise,
Huang review further research is required.
Development assistance, tailored
to address market and nonmarket
failures, can be effective.
Balancing financial development
with stability is essential. In
summary, targeted development
assistance to the financial sector is
crucial for sustainable progress.
2 Rajasekhar Journal of (2012) Challenges the study highlights the
a Mouly distribution and challenges faced by small
Potluri science Opportunities businesses in India, but also
Jung Wan of Small emphasizes the positive efforts
lee Business made by the government and
Saqib Management institutions to support them. To
Rasool and Start-Ups thrive, small businesses must
khan in India embrace technology and modern
management practices. Further
research on these challenges can
guide future entrepreneurs and
benefit all stakeholders, including
governments and academia.
INTRODUCTION OF COMPANY
Name OF Company:-
Vision Capital
Establishment Year:-
1997
MRS DYAYA
ICWA, Gold 🥇 Medalist MR. DHAWAL AGRAWAL
Experience 15+ YEARS M.E. Mechanical, MBA Finance
Experience 10+ YEARS
CENTER GOV.SUBSIDY
MR. BHAVESH GAJNANI
MBA (Finance & Marketing) MR. DIPAK PATEL
Experience 5+YEARS B.TECH, Mechanical
Experience 10+ YEARS
RENT SUBSIDY
MR. KRUNAL
MR. MEET SHARMA
B.E. Electronic
B.E. Computer
Experience 5+ YEARS
Experience 5+ YEARS
DIVISION HEAD (Marketing)
ELECTRICITY SUBSIDY
FINANCE DIVISION
STANDUP INDIA
PMEG
VISON MISSION
12+years Experience
100+Crore Turnover
Vision Capital may have a team with deep industry knowledge and experience in
investment and financial management
2. Strong Network:
The company might have a robust network of contacts, including potential investors,
business partners, and industry professionals
3. Track Record:
Being a relatively small firm, Vision Capital may have the advantage of being nimble,
allowing it to adapt quickly to market changes and seize opportunities.
Weaknesses:
1. Limited Resources:
2. Market Volatility:
If Vision Capital heavily relies on a few key individuals, the departure or absence of
these individuals could pose risks to the company's operations and decision-making.
Opportunities:
1. Market Expansion:
Vision Capital may explore new markets or regions to diversify its portfolio and
capture emerging investment opportunities.
2. Technological Advancements:
3. Strategic Partnerships:
With the growing emphasis on environmental, social, and governance (ESG) factors,
Vision Capital can capitalize on the increasing demand for sustainable and
responsible investments.
Threats:
1. Intense Competition:
Vision Capital may face strong competition from established investment firms,
private equity
groups, and other financial institutions vying for the same investment opportunities.
2. Economic Downturns:
3. Regulatory Changes:
4. Market Disruptions:
Service of company
5.1 LIST OF NUMBER OF SERVICES
ELECTRIC DUTY
CGTMSE
EXPEMPTION SCHEME
PMEGP PMEGP
FINANCE
• NBFC
VENTURE CAPITAL
5.2 Loan Division:-
MACHINERY LOAN:-
Any MSMEs, willing to buy a new machine must avail this loan so that entrepreneur does
not need to invest his own capital at once. Loan can be availed at very low rate of interest
which can be easily paid from your monthly turnover. Additionally. Subsidy can also be
availed only if machinery is purchased on loan.
This is a great tool for it allows the business to increase its overall productivity while
retaining its normal operating parameters , which helps them increase productivity and result
into higher profits from sale and distribution.
PROJECT FINANCE:-
● It is types of business loan to set up a new project Entrepreneurs, willing to start a new
project can avail this loan for construction of building Purchase of Plant & Machinery,
cash credit for working capital.
Why Project Finance Is Needed.?
Government has launched many schemes to support the start-ups. Any MSME, willing to
start-up a new venture must avail this loan so that the initial investment can be minimized.
Burden in entrepreneurs gets reduced and liquidity crunch at the beginning of the business is
elimited Bank loan is necessary for being eligible for subsidy on new project
(PMMY) LOAN
It is types of Business Loan for Micro unit/Entrepreneurs. Under this scheme, finance is
provided to non-corporate, non-farm small/ micro enterprises from commercial Banks, RRBs,
Small Finance Banks, and MFIs and NFBCs having loan Requirement up to Rs.10 lakhs. There
are three categories in PMMY.
Loan up to Rs. 50,000/- is covered under Shishu, Loans above Rs. 50,000/- up to Rs.
5,00,000/- is covered under Kishor and Loans above Rs. 5,00,000/- up to Rs. 10,00,000/- is
covered under TARUN.
Standup India
SC/ST borrowers and women entrepreneurs (more than 51% stake) are eligible for loans of
more than Rs. 10 lakh and up to Rs. 1 crore for the formation of greenfield ventures in the
manufacturing, services, or trading sectors.
PMEGP
It is a special sort of loan under the Pradhan Mantri Employment Generation Programme
(PMEGP). In this case, the Bank will sanction a term loan for 90% of the project expenses in
the general category and 95% of the project costs in the special category. The bank will use
cash credit to finance working capital and term loans to finance capital expenditures. The
PMEGP permits a project cost cap of Rs. 25 lakhs.
5.3 SUBSIDY DIVISION :-
State Government subsidy:-
1. Capital Investment Subsidy:-
Under this scheme, Capital subsidy on loan amount is available to existing as well as new
Micro, Small and Medium Enterprise (MSME) for investment in technical terms Civil Work
and Plant Machinery.
Date :- 01/09/2020
Eligibility Criteria
Enterprise has to apply to concentrate DIC Within 1 Year form the date of 1st disbursement of
term loan or before the date of commencement of commercial production
Enterprise has to remain in production for 5 year from the date of commencement production.
2.Interest Subsidy:- Under the scheme , interest subsidy is available as
reimbursement of interest paid on terms loan to existing as well as new Micro, Small and
Medium Enterprises (MSMEs) for investment in plant & Machinery for a period of 5 years.
Oher aeras outside @7% on outstanding Rs.30 lakhs per annum 5 years
municipal term loan
corporations limit
– 1% additional interest subsidy to entrepreneurs below 35 years age on the date of sanction
of loan.
New MSME of Service Sector will be eligible for @ 5% with a ceiling of Rs. 25.00 Lakhs
per annum for 5 years on Term Loan of Machinery & Equipment anywhere in the State.
Eligibility Criteria
• Enterprise has to apply to concerned DIC within 1 year from the date of 1st disbursement of
term loan or before the date of commencement of commercial production, whichever is later.
• The existing and/or new MSEs availing institutional finance for purchase of new plant and
machinery with improved technology as specified under the scheme will be eligible.
• SC/ST, Women entrepreneurs and entrepreneurs with units located in NER and difficult
areas will be eligible for acquisition / replacement of plant and machinery of any kind
• Units can avail subsidy multiple times under this scheme up to the limit of Rs. 15 lakh.
• Beneficiary unit will have to remain in production for 3 years after installation and
commissioning of the machinery on which subsidy is availed.
CGTMSE
This scheme offers a capital subsidy to new Micro and Small Enterprises (MSE) for the
purchase of new plant and machinery with improved technology in specific sectors/products.
Eligibility Criteria
• @ 15% of term loan / credit amount or cost of P&M whichever is lower with a ceiling of
Rs. 15.00 lakh for term loan sanctioned after 13.08.2019.
• The existing and/or new MSEs availing institutional finance for purchase of new plant and
machinery with improved technology as specified under the scheme will be eligible.
• SC/ST, Women entrepreneurs and entrepreneurs with units located in NER and difficult
areas will be eligible for acquisition / replacement of plant and machinery of any kind.
• Units can avail subsidy multiple times under this scheme up to the limit of Rs. 15 lakh
• Beneficiary unit will have to remain in production for 3 years after installation and
commissioning of the machinery on which subsidy is availed.
5.4 Electricity Duty Exemption Scheme
Under this Scheme, New Industrial Units are provided exemption from paying
electricity Duty up to 5 Years on Industrial Electricity Consumption from the
date of commencement of production.
Vision Capital Finance (VCF) provides Machinery Loan for purchase of Machinery
and also provides loan for purchase of Tools.
Vision Capital Finance (VCF) provides Working Capital / Cash Credit (C.C.) that
helps in purchase of Raw Material and for smooth operation of the business.
Vision Capital Finance (VCF) also provides loan for Expansion of business and to
pay margin money for those availing Bank Loan.
We have noticed that more often than not, many people come across situation where
they have knowledge and skills for a specific field or area. They have the market
awareness for product and measurements of suppliers. They have the necessary skill
sets. But they don’t have fund or can’t manage fund to start a new business.
Sometimes these people also have financial capability but they are unable to take risk
to start an entire project on their own. Consequently, they keep working as an
employee inhibiting their growth.
At, Vision Capital, we have developed an unique Venture Capital Model. Keeping in
mind the nee ds and problems of such entrepreneurs, Vision Capital enters into a tip
with such growing talents. We help them in establishment of their business which
includes:
1. Procurement of Shed on purchase or lease
On account of this support, entrepreneur can relax and focus on production, as rest of the
responsibilities are being taken care of. This helps in assured growth of business and
guaranteed profit. This Venture Capital Model is a grand success and now it is the most
sought after services of Vision Capital.
As Venture Capitalists, we have had many tie-ups which has spread the name of Vision
Capital in Manufacturing sector as widely as in Finance sector. Venture Capitalism is a
revolutionary step that has changed the scenario of manufacturing industry from the
perspective of Financial stability.
With more than 300% growth every year, Venture Capital model has become one of the
strongest and financially richest vertical of Vision Capital. A team of highly skilled
professionals make the Model most trustworthy.
CHAPTER – 6
If you are seeking financial assistance and guidance in Interest subsidies and Capital
subsidies, Udhyog Aadhar / LSI Registration, Short-Term or Long-Term funding etc., we are
the trustworthy financial guide for you to cater to your exact needs.
We are well versed with the TUF scheme and the latest happenings and developments
concerning the same and also conversant with Government regulations and legislation.
We are also abreast with the latest developments surrounding MOFPI ( Food Processing
Ministry).
We are deeply associated with a wide range of banks, financial institutions and NBFCs. Our
Project Finance team has the right skills to help you arrange funding at highly competitive
costs.
We have successfully fulfilled the subsidy and finance requirements of manufacturing units
across India. Our head office is located in Surat (Gujarat). Other than our e-commerce digital
marketing platform, we do also have our full-fledged operational branch activities equipped
with a dedicated and committed workforce & team in Ahmedabad, Vijayawada, Tirupur,
Panchkula and Delhi . As of date, approximately 35000 plus clients/business houses have
availed financial benefits through us in about 90 different cities in the country engaged in a
varied range of products.
OUR ASSOCIATIONS
Our Mission
Mission
Since its inception, our mission has been to always render professional services
of the highest global standards and achieve “Total Customer Satisfaction” by
delivering quality services under one roof in a professional and time-bound
manner to match the industry and economy. We are committed to meeting
deadlines all the time and our internal process systems are designed to provide
quality service to the clients with speed, accuracy & transparency.
6.3 SWOT Analysis
STRENGTH:
One step solution for all kinds of financial needs for MSME.
Quick, smooth & hassle-free process.
100% success ratio
Strong network
Transparency in work.
WEAKNESS:
OPPORTUNITIES:
THREAT:
The fraudster have created a bad impact in our sector which leads to distrust
on all consultants.
Change in Govt. policy leads to deviation in the promise of service.
Corruption in Indian Bureaucracy increase difficulty.
CHAPTER 7
RESEARCH AND METHODOLOGY
The research project's title is a study on consumer satisfaction with Gujarat state
government subsidy schemes. Research methodology is a description of the steps taken
to attain the goals of research. An analysis of consumer satisfaction with regard to state
government subsidies is the main topic of the current study. The analysis of consumer
satisfaction using various state government subsidies is the main foundation of the
study. The Need and Importance of the Study According to the literature analysis, a
thorough investigation is required to judge how satisfied customers are with receiving
various state government subsidies.
The research appears to be investigating how rent subsidy programs can support
micro, small, and medium enterprises (MSMEs) in overcoming financial challenges.
These programs likely aim to provide assistance to small businesses struggling with
rent costs, potentially helping them sustain and grow despite economic difficulties.
Primary data is the collected through structured questionnaire by the researcher for
fulfilling the objective of the research. Secondary data is collected from website.
Sample selection:
Randomly select a diverse sample of MSMEs that have participated in rent subsidy
program
Ensure representation from different industries and geographic regions
This sample can then be used to assess the impact and effectiveness of the subsidy
program in helping these businesses overcome financial challenges related to renting
their premises.
The chosen sampling method should ensure that the selected businesses accurately
reflect the broader population of MSMEs that the program aims to assist.
Common sampling methods include random sampling, stratified sampling, and
purposive sampling, depending on the research goals and available resources.
7.7 Limitation
1. Eligibility Criteria: The criteria to qualify for rent subsidies might exclude
certain businesses that could benefit from the support due to specific
conditions or size requirements.
4. Regional Disparities: Rent costs vary significantly from one region to another,
and the subsidy might not adequately address the differences in rent burdens
faced by businesses in different areas.
CHAPTER : 8
GENDER
Female, 21.80%
Male, 78.20%
INTERPRETATION:
The above graph shows that majority of the respondents are male which is
78.20% and female respondents are 21.80%.
2. Age
Age Frequency Percentage
18-25 50 50.5%
26-35 18 18.8%
36-45 17 17.8%
46-60 11 11.9%
More than 60 Years 5 0.2%
Total 101 100%
Age Group
Age Group
50.50%
18.80% 17.80%
11.90%
0.02
18-25 Years 26-35 Years 36-45 Years 46-60 Years More than 60 Years
INTERPRETATION:
The figure indicates the respondents have separated into several age groups in
the graph above. Out of 101 samples, 50.5%of the respondents were between
the ages of 18 to 25 years. This was followed by 18.8% of the respondents who
were between the ages of 26 to 35 years, This was followed by 17.8% of the
respondents who were between the ages of 36 to 45 years, and This followed
by 11.9% of the respondents who were between the ages 46 to 60 Years
furthermore, 0.02% responders were More than 60 Years.
3. Micro, Small, Or Medium Manufacturing Enterprise
(MSME)?
MANUFACTURING
NO, 24.80%
YES, 75.20%
INTERPRETATION:
above the chart shows that which type of nature enterprise are you operating as you show
above the chart 76 frequency are under operating micro and small enterprise .
75.2% percentage of responses are operating and doing manufacturing under the MSME
sector.
24.8% percentage of responses are doesn’t exist and not doing manufacturing under the
MSME sector.
4 Are you Familiar with rent subsidy programs for MSMEs?
RENT SUBSIDY
70
60
50
40
30
20
10
0
YES NO
RENT SUBSIDY
INTERPRETATION:
Above the chart shows that how much responses are aware about the government
subsidy for MSM E sector.
Above the survey chart shows that 61.5% percentage of responses are aware about
the government subsidy for MSME sector.
38.5% percentage of responses are doesn’t aware about the government subsidy for
MSME sector.
5 Legal Structure Of Your MSME?
Particular Percentage
Proprietorship 37.4%
Limited Liability partnership 21.2%
Private Limited Company 26.3%
Partnership 15.2%
TOTAL 100%
Legal Structure
PARTNERSHIP 15.20%
PROPRIETORSHIP 37.40%
INTERPRETATION :
Above the chart shows that which kind of legal structure under are you operating your
business .
37.4% percentage of responses are operating their business under the proprietorship.
21.2% percentage of responses are operating their business under limited liability
partnership.
26.3% percentage of responses are operating their business under the private limited
company.
15.2% percentage of responses are operating their business under the partnership.
6.Long has your MSMEs been operational ?
Particular Percentage
Less than 1 Years 40.2%
1 to 3 Years 27.8%
3 to 5 Years 22.7%
More than 5 Years 9.3%
Total 100%
MSMEs Operational
9.3
27.8
INTERPRETATION:
Above the chart shows that how long has been u doing your business in MSME sector.
40.2% percentage of the responses are register under the MSME sector since less than 1
year.
27.8% percentage of the responses are register under the MSME sector since between 1 to
3 years.
9.3% percentage of the responses are register under the MSME sector since more then 5
year.
7. Have you faced difficulties paying rent for your business location in
the past years.?
0 5 10 15 20 25 30 35 40 45 50
Yes, Frequently Yes, Occasionally No, not at all
difficulties paying rent business past
43.9 38.8 17.3
year
INTERPRETATION
above the chart shows that which kind of difficulties are facing for paying rent.
Above the survey chart describe that 17.3% percentage of the responses are not
facing any difficulties for paying rent.
38.8% percentage of the responses are occasionally facing difficulties for paying
rent
43.9% percentage of the responses are frequently facing difficulties for paying rent.
8. Were you applied of rent subsidy programs available for small
businesses.?
INTERPRETATION:
Above the chart shows that how much responses are already applied aware for
government subsidy for MSME sector.
30.6% percentage of the responses are already aware and applied for government rent
subsidy for MSME sector.
44.9% percentage of the responses are haven’t applied for government rent subsidy for
MSME sector.
Apart form that 24.5% percentage of responses are unaware about the government rent
subsidy for MSME sector.
9. What is the biggest challenge you face in managing your small
business.?
15
10
0
Financial Constrain Finding and retaining Marketing and Competition larger Government
qualified staff reaching new business regulations and
customers compliance
INTERPRETATION
The above chart shows that biggest challenge faced in small businesses.
23.2% percentage of the responses are challenge faced by finding and retaining qualified
staff.
22.2% percentage of the responses are challenge faced by marketing and reaching staff.
17.2% percentage of the responses are challenge faced by competition larger business.
18.2% percentage of the responses are challenge faced by government regulation and
compliance.
10. Have you explored cost-cutting measures in your business.?
INTERPRETATION:
Above the chart shows that have you explored cost – cutting measured in your business.
44% percentage of the responses they had limited impact on over all costs.
18% percentage of the responses they haven’t considered cost cutting measured yet.
11% percentage of the responses not sure where to start with cost cutting.
11.What financial planning resources or professional assistance do you
utilize.?
Resources or professional
32
16.5
33
16.5
35.1
INTERPRETATION:
Above the chart shows that what financial planning resources or professional
assistance do you utilized.
35.1% percentage of the responses are utilized financial advisors or consultants
resources
32% percentage of the responses are utilized business mentors or networking
groups resources
33% percentage of the responses are utilized in which 16.5% are utilized from
online resources and guide and 16.5% are utilized from have handle financial
planning independently .
12.If you have received a rent subsidy, how did it impact your business’s
financial situation.?
INTERPRETATION:
Above the chart shows that how rent subsidy impact on your financial situation.
39% percentage of the responses it provided some relief but was not sufficient to
addressed all financial.
17% percentage of the responses it had limited, and I still faced significant
financial difficulties.
13.How satisfied are you with the overall financial support available to
MSMES during challenging times.?
30
24.5
25 21.4
20
15 12
8 7.1
10
5
0
v e r y s a t i sf i e d so m e w ha t N e ut r a l some what v e r y d i s sa t i sf i e d
sa t i s f i e d d i ss a t i sf i e d
INTERPRETATION:
● Above the chart show that the overall satisfaction support available to MSME during
challenging times.
● 24.5% percentage of the responses are very satisfied with the support available for MSME
sector during the challenging time.
● 21.4% percentage of the responses are some what satisfied with the support available for
MSME sector during the challenging time.
● 8% percentage of the responses are neutral satisfied with the support available for MSME
sector during the challenging time.
● 12% percentage of the responses are some what dissatisfied with the support available for
MSME sector during the challenging time.
● 7..1% percentage of the responses are very dissatisfies with the support available for
MSME sector during the challenging time.
CHAPTER :- 9
FINDINGS
Small Business Rental Assistance: Some regions offer specific rental assistance
programs tailored to support small businesses in their area.
Local grants and subsidies: Check with your local government or municipality for any
grants or subsidies available to help MSMEs with rental costs.
10.2 LIMITATIONS OF STUDY
*Duration of Support*: Subsidy programs might only provide short-term relief, which
may not be sufficient for businesses facing ongoing financial challenges.
*Lack of Flexibility*: Some programs might have rigid guidelines that don't consider
the diverse needs and circumstances of different businesses.
*Fraud and Misuse*: Ensuring that the subsidies are used for their intended purpose
can be challenging, and there is a risk of misuse or fraudulent claims.
*Limited Impact on Recovery*: While rent subsidies can provide temporary relief,
they might not fully address the broader financial challenges that MSMEs face in
terms of market demand, supply chain disruptions, and decreased consumer spending.
*Long-term Viability*: After the subsidy period ends, businesses could struggle to
readjust to regular rent payments, potentially leading to sustainability issues.
10.3 CONCLUSION
Subsidy programs are a critical support system for MSMEs facing financial challenges.
By relieving high rental costs, this initiative empowers businesses to focus on
operations, retain staff and expand. During economic downturns, they serve as a
lifeline, ensuring the survival of MSMEs and boosting local economies. In addition,
these programs encourage entrepreneurship by reducing entry barriers, promoting
cooperation between businesses and landlords, and promoting flexible leasing
arrangements. However, their effectiveness depends on seamless execution, accurate
eligibility and continuous evaluation with stakeholder input. As business landscapes
evolve, these programs must adapt to remain influential. Ultimately, they exemplify
proactive efforts to foster small enterprises, stimulate innovation, sustain the job
market, and increase economic resilience. By easing financial pressures, rental subsidy
programs play a key role in nurturing a vibrant local business ecosystem.
10.4 BIBLIOGRAPHY
HYPERLINK
"https://www.researchgate.net/publication/339352056_Micro_Small_and_Medium_MSM
E_in_indian_perspective_and_SWOT_Analysis"https://www.researchgate.net/publicat
ion/339352056_Micro_Small_and_Medium_MSME_in_indian_perspective_and_SW
OT_Analysis
HYPERLINK "https://www.drishtiias.com/to-the-points/paper3/micro-small-and-
medium-enterprises-msme"https://www.drishtiias.com/to-the-points/paper3/micro-
small-and-medium-enterprises-msme
HYPERLINK “https://banthiaconsultancy.com/about-us/”
https://banthiaconsultancy.com/about-us/
Annexure
QUESTIONNAIRE
“RENT SUBSIDY PROGRAM FOR MSMEs:
SUPPORTING SMALL BUSINESSES IN OVERCOMING FINANCIAL
CHALLENGES”
1) Name
2) Gender
o Male
o Female
o Other
3) Age
o 18-25
o 2635
o 36-45
o 46-60
o More than 60 Years
4) Are you currently Associated with a Micro, small or medium Manufacturing
Enterprise (MSME)?
o YES
o NO
o Yes
o No
o Proprietorship
o Limited liability
o Company Private limited
o company partnership
o Yes ,Frequently
o Yes ,occasionally
o No, not at all
9) Were you aware of rent subsidy programs available for small businesses?
10) What is the biggest challenge you face in managing your small business ?
o Financial constrain
o Finding and retaining qualified staff
o Marketing and reaching new customers
o Competition from larger business
o Government regulations and compliance
13) If you have received a rent subsidy, how did it impact your business's
financial situation?
14) How satisfied are you with the overall financial support available to MSMEs
during challenging times?
o Very satisfied
o Some what satisfied
o Neutral
o Some what dissatisfied
o Very dissatisfied
REMARKS