success of entrepreneur in rural india
Post on 19-Oct-2014
2.585 views
DESCRIPTION
Rural Enterprise :- Some Facts AgricultureEntrepreneurial Development Under TRYSEMRisk taking Among Rural EntrepreneurDevelopment Strategy For Small EntrepreneurEntrepreneurial Development In Backward AreaTRANSCRIPT
Success of Entrepreneur in Rural India
PANKAJ KUMARRai Business School
Content Rural Enterprise :- Some Facts Agriculture Entrepreneurial Development Under TRYSEM Risk taking Among Rural Entrepreneur Development Strategy For Small Entrepreneur Entrepreneurial Development In Backward Area
RURAL ENTERPRISES: SOME FACTS
• Fair industrial activity in rural India.– There are 42.12 million enterprises in
the country engaged in different economic activities other than crop production and plantation of which 25.81 million (61.30%) are in the rural areas.
– The annual rate of growth of enterprises and employment in rural areas was 5.53% and 3.33% respectively as compared to 3.71% and 1.68% respectively in urban centers.
– Average annual growth in employment is higher in rural areas (3.33%) than in urban India (1.68%).
Towards enabling Rural Areas….
Agriculture
Risk Coverage
• Crops insurance• KCC• Other Loan
Information Technology Development
• Use of Village Internet kiosk and mobile phones for– Obtaining market-prices in different
Markets – Transaction and deal-closing from villages– Scheduling delivery– Booking of transport– Direct payment through banks and loan
repayment
Training Programmed
• Skill Improvement Trainings
• Entrepreneurial Development Programmers ( EDPs )
• Agriculture and Animal Husbandry
Training on DTP
Fashion Designing
Entrepreneurial Development Under TRYSEM
Component of TRYSEM
• Identification of entrepreneurial Quality.
• Identification of entrepreneurial opportunity.
• Training in motivation and skills.
• Provision of credit facilities.
• Risk sharing by providing investment subsidy.
• Help in developing new materials and Market.
• Constant monitoring and follow-up.
Risk taking Among Rural Entrepreneur
Environmental Risk
Social RiskEconomic Risk
Technical Risk
Types of Risk
Types of Risk
Development Strategy For Small Entrepreneur
Condition Influencing The Entrepreneurial Trends
Economic Conditions(infrastructural & institutional)
Insufficient (-)
Entrepreneurial Trends
Insufficient (-)
Sufficient (+)
Sufficient (+)
Little ( - - )
Low (+ - )
High (+ +)
Low (+ -)
Social Conditions
Favorable(+)
Favorable(+)
Unfavorable(-)
Unfavorable(-)
+ =
Entrepreneurial Development In Backward Area