Equipped: G. Ramakrishna, General Manager, Outsourcing, BHEL, Tiruchi,
handing over ‘Accounting and Book keeping’ training completion
certificate to a woman trainee in Tiruchi on Monday.
TIRUCHI: Women Entrepreneurs representing industry, business and service gained insights into book keeping, accounting, audit procedures, income tax returns submission, balance sheet preparation, budget and several other principles during the 10-day Management Development Programme on ‘Book Keeping and Accounting’ organised by the Department of Women’s Studies (DWS), Bharathidasan University, with sponsorship from the Micro Small and Medium Enterprises Development Institute (MSME-DI). Many among the participants constituted BHEL vendors.
Addressing the valediction on Monday, K. Subburaj, CVL Chairman, said perseverance was a must in entrepreneurship since results could not be expected immediately. He was in all praise for the DWS and Women Entrepreneurs’ Association of Tamil Nadu (WEAT) for their initiative, and committed his support. Women being best managers of family by virtue of their ability to save money through tight budgets, must also be consulted on decisions pertaining to industry, he emphasised.
Mr. Subburaj said that only those who were mentally prepared to work must seek orders from BHEL.
Works should be prioritised for systematic functioning of the industry, he said and advocated utmost priority for safety mechanisms in the production units as a goodwill measure.
A dynamic approach would see through one in a situation of slowdown, he said, advising prospective entrepreneurs to opt only for bank loans. Entrepreneurs must be mentally prepared to sell off their units when they made losses. Self confidence to succeed, he stressed, should be coupled with a desire to work hard to achieve the goal.
The WEAT president, Rani Muralidharan, spoke of the need for an orientation to first-generation women entrepreneurs, many among whom lack sufficient educational qualification, to safeguard and efficiently utilise their hard earned money.
Thanking the BHEL for its proactive support, Ms. Rani placed a request for registration of the next batch of women entrepreneurs as vendors. She also requested the BHEL to further encourage the initiative through early payments for purchase orders for the initial six months for the women entrepreneurs to attain financial stability, as a special concession.
G. Ramakrishna, General Manager - Outsourcing, BHEL, assured sanction for vendor registration of the new batch.
The BHEL was already encouraging women entrepreneurs through relaxation of norms, he said, and promised to address the payment issue. Mr. Ramakrishna also said the women entrepreneurs would be provided support on the logistics front. T.V. Krishnan, Additional General Manager – Outsourcing, BHEL, said some women entrepreneurs registered as vendors were performing even better than the men on the fronts of meeting the delivery schedules and billing.
Appreciating the initiative, N. Srinivasalu, Assistant Director, MSME-DI, in his special address, promised further support to improve the skills of women entrepreneurs. Referring to the 50 per cent employment rate of women in developed countries, Mr. Srinivasulu observed that Tamil Nadu has succeeded in enlisting participation of women in large numbers through the SHG movement.
Addressing the valediction on Monday, K. Subburaj, CVL Chairman, said perseverance was a must in entrepreneurship since results could not be expected immediately. He was in all praise for the DWS and Women Entrepreneurs’ Association of Tamil Nadu (WEAT) for their initiative, and committed his support. Women being best managers of family by virtue of their ability to save money through tight budgets, must also be consulted on decisions pertaining to industry, he emphasised.
Mr. Subburaj said that only those who were mentally prepared to work must seek orders from BHEL.
Works should be prioritised for systematic functioning of the industry, he said and advocated utmost priority for safety mechanisms in the production units as a goodwill measure.
A dynamic approach would see through one in a situation of slowdown, he said, advising prospective entrepreneurs to opt only for bank loans. Entrepreneurs must be mentally prepared to sell off their units when they made losses. Self confidence to succeed, he stressed, should be coupled with a desire to work hard to achieve the goal.
The WEAT president, Rani Muralidharan, spoke of the need for an orientation to first-generation women entrepreneurs, many among whom lack sufficient educational qualification, to safeguard and efficiently utilise their hard earned money.
Thanking the BHEL for its proactive support, Ms. Rani placed a request for registration of the next batch of women entrepreneurs as vendors. She also requested the BHEL to further encourage the initiative through early payments for purchase orders for the initial six months for the women entrepreneurs to attain financial stability, as a special concession.
G. Ramakrishna, General Manager - Outsourcing, BHEL, assured sanction for vendor registration of the new batch.
The BHEL was already encouraging women entrepreneurs through relaxation of norms, he said, and promised to address the payment issue. Mr. Ramakrishna also said the women entrepreneurs would be provided support on the logistics front. T.V. Krishnan, Additional General Manager – Outsourcing, BHEL, said some women entrepreneurs registered as vendors were performing even better than the men on the fronts of meeting the delivery schedules and billing.
Appreciating the initiative, N. Srinivasalu, Assistant Director, MSME-DI, in his special address, promised further support to improve the skills of women entrepreneurs. Referring to the 50 per cent employment rate of women in developed countries, Mr. Srinivasulu observed that Tamil Nadu has succeeded in enlisting participation of women in large numbers through the SHG movement.