Vol. 3, Issue 7, Part R (2017)

Abstract
Micro enterprises in any region are acknowledged as significant contributor of economic growth. However, it needs sound management for its sustainability. Policy relating to sound management of firm’s working capital in this regard is what, always desire for. In other words, a well designed and concise working capital management policy ensured enterprises to move forward towards their goal. But, micro enterprises in rural area do not care about their working capital position, they only run business. Base on this issue, this paper is undertaken to interpret and determine under which policies of working capital management is practiced by the proprietors of micro enterprises in the district of Karbi Anglong, Assam. Following this objective, hypothesis, to determine whether the policies adopted by proprietors of different caste of Micro Enterprises in the study area are in uniform, has been set. Both primary and secondary sources of data have been used. The 52 Micro Enterprises registered under District Industries and Commercial Centre (DI&CC), Karbi Anglong, during the period from 1st April 2009 to 31st March 2014 is the population size for the present study. This 5 years period is the period of soon after the enactment of Micro Small and Medium Enterprise (MSME) Act. 2006 and this has been chosen, as the study period for the present study.