The role of small and medium enterprises (industrial sector) in changing poverty status in Sri Lanka

Anotace

To accelerate economic growth and reduce poverty, successive governments of Sri Lanka have been spending a colossal amount of money for poverty alleviation and other welfare programmes since independence. Moreover, Sri Lankan government provides targeted assistances to small and medium enterprises to promote them. The main objective of the study is to scrutinize the factors affecting the poverty and association among them and to analyze the role and impact of SMEs on national economy and poverty alleviation. The hypotheses formulated in this study were proved with the help of new model created by author. In this research, both the qualitative and quantitative methods were adopted. Moreover, stratified and simple random sampling technique was adopted for the study under which four hundred companies were selected. Self administrated Likert scale questionnaire was employed in gathering data and secondary data also were employed to gather information in the study.