1. ENTREPRENEURSHIP DEVELOPMENT IN INDIA
Christ University, Bangalore

2. 2 Agenda Meaning of EDP Misconceptions about EDP
Objectives of such program
Entrepreneurship Cycle
Entrepreneurial Discipline
Woman Entrepreneurship
Factors affecting Woman –Entrepreneurship Barriers to it
Entrepreneurial environment and it’s analysis
Locational Mobility of Entrepreneurs
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3. EDP (Entrepreneurship Development Program)
EDP means a program designed to help a person in strengthening his entrepreneurial motive and in acquiring skills and capabilities necessary for playing his entrepreneurial role effectively
Towards this end, it is necessary to promote his understanding of motives, motivation pattern, their impact on behavior and entrepreneurial value
A program which seeks to do this can qualify to be called an EDP

4. Misconceptions about EDP
EDP is a catch word
But misconceptions about EDP prevail
Lack of understanding and clarity has limited its growth
EDP hasn’t contributed much to the industrial economy of our country yet

5. Misconceptions about EDP
Chandramauli Pathak has listed some of the prevailing common misconceptions about EDP:
Join an EDP, all your problems are solved
EDP means only training
Higher the number, better the EDP
EDP success is the sole responsibility of Trainers- Motivators

6. Objectives of EDP
Refer Page 186 and 187 of Vasant Desai Text

7. 3 Entrepreneurial Development Cycle
Refer Fig on Page 185 of Vasant Desai Text
Simulatory
Support
Sustaining ,
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8. 4 Entrepreneurial Development Cycle Simulatory
Entrepreneurial Education
Planned publicity for entrepreneurial opportunities
Identification of potential entrepreneurs through scientific methods
Motivational training to new entrepreneurs
Help and guidance in selecting products and preparing project reports
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9. 5 Entrepreneurial Development Cycle
6. Making available techno- economic information and product profits
7. Evolving locally suitable new products and processes
8. Availability of local agencies with trained personnel for entrepreneurial counseling and promotions
9. Creating entrepreneurial forum
10. Recognition of entrepreneurs
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10. 6 Entrepreneurial Development Cycle Support Registration of unit
Arranging finance
Providing land, shed, power, water etc.
Guidance for selecting and obtaining machinery
Supply of scarce raw materials
Getting license/ import licenses
Providing common facilities
Granting tax relief or other subsidies
Offering management consultancy
Help marketing products
Providing information
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11. Entrepreneurial Development Cycle
Sustaining
Help modernization
Help diversification/ expansion/ substitute production
Additional financing for full capacity utilization
Deferring repayment/ interest
Diagnostic industrial extension/ consultancy source
Production units legislation/ policy change
Product reservation/ creating new avenues for marketing
Quality testing and improvident services, and,
Need- based common facilities center

12. Entrepreneurial Discipline
Entrepreneurs who are developed and promoted at social cost have a certain responsibility to the society that promotes and supports them
The society expects adequate returns from these people
Towards this end, entrepreneurs are expected to follow a certain discipline which is essential for entrepreneurial career
This covers subjects like:
Repayment behavior- financial management
Response to tax and statutory requirement- law and compliances
Progressive outlook towards labor- labor management
Care for ecology and environment- environment management
Issues of EDP- Refer Page 191 of Vasant Desai Text
Christ University, Bangalore

13. Woman Entrepreneurship
The emergence of entrepreneurs in a society depends on the economic, social, religious, cultural and psychological factors prevailing in the society
In the advanced countries of the world, there is a phenomenal increase in the number of self- employed women after the World War II

14. 8 Woman Entrepreneurship in India
Today, we find women in different types of industries, traditional as well as non- traditional, such as engineering, electronics, readymade garments, fabrics, eatables, handicrafts, doll- making, poultry, plastics, soap, ceramics, printing, toy- making etc.
Participation of women as industrial entrepreneurs is comparatively a recent phenomenon in India
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15. Women Entrepreneurship in India
Majority of the women entrepreneurs in India are engaged in the unorganized sector like agriculture, agro- based industries, handicrafts, handlooms, and cottage- based industries
In order to improve the situation, a number of activities such as motivational drive, preparation of information material; conducting training; creation of women industrial estates/ areas/sheds; creation of common marketing exposition centers; training of trainers/ promoters; and use of mass media etc. are required
Combined effect of all these is bound to accelerate the process of women entrepreneurship development

16. 10 Segments of Women Entrepreneurs
Four segments of women entrepreneurs exist:
Self- help Groups: Those who are well served and mentored by microfinance institutions
Grassroots entrepreneurs: Those who are driven by a need to augment the family’s finances especially to secure their children’s future- tailors, flower sellers, STD booth owners, pan shops etc.
Mid- rung entrepreneurs: They are driven by a need to build reputation, become known, improve quality and satisfy creative instincts. Mostly graduate +, they typically have garment shops, poultry farms, export businesses etc.
Upper Crust: Drawn from the topmost social class, very well educated, with businesses like export houses, travel agencies, traders in pharmaceuticals, often adjuncts to their husband’s businesses, they aspire for turnovers of more than Rs. 5 crore
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17. Qualities of Women Entrepreneurs
Refer Page 80 of Vasanth Desai Text

18. Basic Problems of Women
Refer Page 81 of Vasanth Desai Text

19. THANK YOU!!!!!!!!!!!