A comparative analysis of economic characteristics of registered micro and small enterprises run respectively by backward and forward classes in India

Abstract

One of the major features of Indian economy is inequality in income and asset distribution. A comparative study of principal characteristics of micro and small enterprises owned by backward classes which include Scheduled Caste, Scheduled Tribe and Other Backward Class and Others belonging to forward class in India reveal this phenomenon. It is a well-known fact that small industry sector provides lively hood to large number of people across India through ownership of small business enterprise. However, with respect to their performance, they differ significantly. This paper tries to study the inequality existing in the principal characteristic among registered enterprises owned by backward classes and Others respectively.