IJMSS Vol.05 Issue-08, (August, 2017) ISSN: 2321-1784 International Journal in Management and Social Science (Impact Factor- 6.178) A Monthly Double-Blind Peer Reviewed Refereed Open Access International Journal - Included in the International Serial Directories International Journal in Management and Social Science http://www.ijmr.net.in email id- irjmss@gmail.com Page 170 A STUDY ON SOCIO-ECONOMIC STATUS OF MICRO ENTREPRENEURS IN TIRUNELVELI DISTRICT Dr. LOURDES POOBALA RAYEN, Mrs. M. CHARLET ROSE MARY VIJAYA Associate Professor and Head of the Department, Assistant Professor, Department of Commerce, Department of Corporate Secretaryship, St. Xaǀier’s College ;AutoŶoŵousͿ, St. Xaǀier’s College ;AutoŶoŵousͿ, Palayamkottai- 627002. Palayamkottai – 627002. Abstract Entrepreneur plays a key role in the promotion, development, expansion and the sustenance of his business in the complex environment. All such efforts made by an entrepreneur are called entrepreneurship, the emergence of which is directly related to the socio economic development of the society. The present study was based on primary data. Interview schedule was used to collect the primary data from the sample respondents. To elicit the details of Micro entrepreneurs, a well structured interview schedule has been prepared after consulting the experts in the field. Stratified random sampling method was adopted to obtain responses from the micro entrepreneurs. The required data was collected from 612 micro entrepreneurs in Tirunelveli district. The paper presents the socio- economic status of the micro entrepreneurs in Tirunelveli district. Keywords: Micro Entrepreneurs, Socio-Economic Status and Entrepreneurship Introduction Micro entrepreneurs play a vital role in the economic development. All such efforts made by an entrepreneur are called entrepreneurship, the emergence of which is directly related to the socio economic development of the society. Entrepreneurship is the tendency of a person to organise the business of his own and to run it profitably, using all the qualities of leadership, decision making and managerial caliber. It is a process undertaken by an entrepreneur to augment his business interest. It is an exercise involving innovation and creativity that will go towards establishing his enterprise. One of the important qualities of entrepreneurship is the ability to discover an investment opportunity and to organise an enterprise, thereby contributing to real economic growth. Entrepreneurship is a composite skill, the resultant of a mix of many qualities and traits. These include imagination, readiness to take risks, ability to bring together and put to use other factors of production. Statement of the Problem A significant feature of the Indian economy since independence is the rapid growth of entrepreneurship in the small-scale industrial sector. There is unlimited scope for the growth of entrepreneurship in this area and with a little initiative and assistance, the underutilized and underemployed agricultural workers can find permanent employment and earn a comparatively larger and stable income. Therefore, the researcher has undertaken a study of the growth of entrepreneurship in the micro enterprises units for research. Many micro enterprises over the years have been successful and they have expanded into large industrial units. This spectacular growth is mainly due to strong and motivated the entrepreneurship. So an indepth study relating to the entrepreneurship provides the basis for understanding the concept of entrepreneurship. Hence the present study is an attempt to analyse socio economic status of micro entrepreneurs in Tirunelveli district. Objective of the Study The main objective of the study is to present the socio-economic status of the sample micro entrepreneurs. The study also highlights the significant difference in the socio-economic status among the sample micro entrepreneurs.