Post on 04-Apr-2018
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Role of
entrepreneurs in
socio-economicdevelopment
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DEFInItIons
Socio-economic development is the processof social and economic development in a
society.
Economic development means a process of
upward change whereby the real per capita
income of the country increases over a long
period of time.
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Role of entrepreneurs in
socio-economic development
Employment generation
National income
Dispersal of economic power
Balanced regional development
Promotes country export trade
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Indicators
GDP
Literacy Rate
% of people above poverty line
Employment Rate
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GDP GROWTHRATE
YEAR GDP GROWTH
RATE %
1980-81 to 1990-91 5.6
1990-91 to 2000-01 5.6
2000-01 to 2004-05 6.3
2004-05 7.5
2005-06 8.4
2007-08 9.1
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India Literacy rates
(1951 2001)
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Unemployment rate*
0.00%
2.00%
4.00%
6.00%
8.00%
10.00%
unemploymen
t rate
8.80
%
9.50
%
9.20
%
8.90
%
7.80
%
7.20
%
2003 2004 2005 2006 2007 2008
* As of 16th May 2008
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Population below poverty line
56.40%
53.10%
45.70%
39.10%37.30%
28.30%
54.90%
51.30%
44.50%
38.90%
36%
27.50%
49%
45.20%
40.80%
38.20%
32.40%
25.70%
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
Rural Total Urban
Rural 56.40% 53.10% 45.70% 39.10% 37.30% 28.30%
Total 54.90% 51.30% 44.50% 38.90% 36% 27.50%
Urban 49% 45.20% 40.80% 38.20% 32.40% 25.70%
1973-74 1977-78 1982-83 1987-88 1993-94 2004-05
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RANKING OF ENTREPRENEURIALLY ACTIVE SECTORS OF INDIA
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employment generation
Tata group is largest employer in private
sector (more than 3,00,000 employees)
Infosys started in 1981, has over 91000employees
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National income
National
Income
E
NT
RE
P
RE
NE
URS
Services
For exports
Production
For consumption
Imports
Goods
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Increase literacy
Infosys Education & Research group
conducts the Infosys Extension Program
(IEP), which consists of Infosys FellowshipProgram, Rural Reach program, Catch
Them Young and Train the Trainer
Bal Vidya Mandir by Birla group
Tata Institute of Social Science
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Balanced regional
developmentAs a part of the 'Adopt a Village"
Programme, the Reliance Energy, in
association with Forest Department of theGovernment of Maharashtra, has adopted
Kainad village for its strategy of developing
rural areas.
By providing public access to telephones,Mr. Sam Pitroda revolutionized the state of
telecommunications in India.
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Dispersal of economic
power Economic power is the natural outcome of
industrial and business activity.
Developing a large number ofentrepreneurs helps in dispersing the
economic power amongst the population
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Promotes export trade
Tata product and services are
exported to 85 countries.
Vijay mallaya group export over to 75
countries.
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HIGHlIGHts
At a time when the country was starved ofwholesome entertainment, Subhash Chandradeveloped Asias largest amusement and themeparks Essel World and Water Kingdom.
Spread over 64-acres of land in Mumbai,EsselWorld is Asias first eco-friendlyamusement park, meeting internationalstandards.
Essel Propack, established by Subhas Chandra,is the largest specialty packaging company inthe world.
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ContD
Subash chandra launched the first Hindi satellite channel- Zee Television. In less than seven years, Chandranurtured Zee into Indias most popular television networkand positioned it as a global brand with more than 500
million viewers in 120 countries
Infosys Foundation constructs hospital wards, donatesadvanced equipment, organizes health camps anddistributes medicines to the underprivileged sections of
society.
Aditya Birla Centre for Community initiative and ruraldevelopment
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REFEREnCEs
Datt, Ruddar and K.P.M. Sundharam, Indian
Economy
www.indiabudget.nic.inwww.indobase.com
www.censusindia.gov.in
www.wikipedia.org
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Thank you!