Sanu, Md Sahnewaz <br/><br/>
The Role of MSMEs in Enhancing Income and Economic Well-being of Owners/Managers in Assam, India 

 -  SEDME (Small Enterprises Development, Management & Extension Journal)  2024 
 - 279-295 
<br/><br/> The aim of this study is to investigate the contribution of micro, small and medium enterprises (MSMEs) to the economic well-being and earnings of their owners/managers with reference to the Cachar district of Assam. A standardised questionnaire is utilised to collect data from 200 randomly chosen MSMEs operating in the Cachar district of Assam, a developing region of India, to accomplish the aim of the study. Descriptive statistics are used to analyse the collected data. Additionally, the study employs Wilcoxon signed-rank test to examine the statistical difference between the income of MSME owners/managers before and after joining MSMEs. The results demonstrate that MSMEs enhance the monthly income of 74 per cent of owners/managers. The results of the Wilcoxon signed-rank test indicate that the median income of MSME owners/managers has significantly increased after their involvement in MSMEs. The study also indicates that almost 9 out of every 10 MSMEs generate earnings of the owner-managers above the poverty line, whereas 83.9 per cent of MSMEs generate household income of owners/managers above the defined poverty line. MSMEs significantly improve the households’ material well-being by enhancing the spending ability of their owners/managers and increasing asset holding. 
<br/><br/><label>ISSN: </label>0970-8464 
<br/><br/><label>Subjects--Topical Terms: </label><br/> Cachar<br/> MSMEs<br/> Small and Medium Enterprises<br/> Well-being Poverty<br/> Wilcoxon Signed-Rank Test<br/>Assam