GOVERNMENT PROGRAMMES &POLICIES FOR ENTRE PRENEURSHIP

BY:-ASTHA SHARMA

QUESTION-1 WHO IS ENTREPRENEURSHIP?

LET SEE

QUES 2:-WHAT IS ENTREPRENEURSHIP?

It is the process of starting a business or other organization. The entrepreneur develops a businessmodel, acquires the human and other required resources, and is fully responsible for its success orfailure. Entrepreneurship operates within an entrepreneurship ecosystem

The role of the entrepreneur in business Large or small companies?

Definition and characteristics of entrepreneur

1) Confidence In Personal Abilities2) The Desire For Immediate Results3) Preference For A Moderate Risk4) Willingness To Assume Responsibilities5) High Energy6) Flexibility7) Organizing Skills8) The Desire To Achieve, above money making 9) High Level Of Commitment10) Tolerance Of Ambiguity, 11) Vision

FUNDAMENTAL OF ENTREPRENEURSHIP

ROLE OF ENTREPRENEURSHIP IN

INCREASING EMPLOYMENT

1)Entrepreneurship has often been cited as a key factor to improving economic growth in developing countries

2)Entrepreneurial activities encourage the development of new enterprises.

3)There is also evidence to suggest that entrepreneurs create more employment than non-entrepreneurs

GOVERNMENT INITIATIVES TO PROMOTE

ENTREPRENEURSHIP

Various support mechanisms have been designed by the government to

nurture the entrepreneurial mindset, some of which are highlighted below:

SIDBI was established in April 1990 under an Act of Parliament as a wholly-

owned subsidiary of Industrial Development Bank of India (IDBI) is the

principal financial institution for the following three-fold activities:

Financing the small scale sector by

providing indirect assistance to primary

lending institutions (PLIs) and direct

assistance to small scale units.

Development and support services for

promoting small industries.

National Science and Technology Entrepreneurship

Board promotes entrepreneurship development through Science

& Technology. This program has encouraged researchers and

academicians in the field of Science & Technology to take

interest in socially relevant entrepreneurial roles. Under the

flagship of NSTEB, various institutes and training programmes

have been formulated .

Under the flagship of NSTEB, various institutes and

training programmes have been formulated such as:

Science & Technology

Entrepreneurship Park (STEP)

India is the seventh largest and second most populous country in the world.A new spirit of economic freedom is now stirring in the country, bringing sweeping changes in

its wake. India’s dynamic and highly competitive private sector has long been the

backbone of its economic activity.

OBJECTIVES OF STEPS:

To provide R&D support to the small-scale industry

mostly through interaction with research institutions

To promote entrepreneurship among science and technology persons, many of whom were otherwise

seeking jobs soon after their graduation

To promote innovation based enterprises

INNOVATION AND ENTREPRENEURSHIP DEVELOPMENT CENTRE

The mission of the IEDCs is to "develop institutional mechanism to create entrepreneurial

culture in academic institutions to foster growth of innovation and entrepreneurship

amongst the faculty and students ".

Objectives of the IEDCs:

1) To create Entrepreneurial culture in the Parent Institution

and other institutions in the region

2) To promote the objectives of NSTEDB, including programmes

related to women and weaker sections of the society.

To and promote employment opportunities in the innovative

areas.

ENTREPRENEURSHIP DEVELOPMENT PROGRAM(EDP) An Entrepreneurship Development Programme (EDP), of 6-8 weeks duration, aims at

training the S&T graduates and the diploma holders in the essentials of conceiving,

planning, initiating and launching an economic activity or an enterprise successfully.

ENTREPRENEURSHIP DEVELOPMENT PROGRAM(EDP) CONTENT INCLUDES

1) Class room training on essentials of

entrepreneurship survey

2) Identification of business opportunities,

3) Role and function as well as schemes of

assistance offered by various constituents

4) Preparation of a technically feasible and

economically viable project report

OPEN LEARNING PROGRAMME IN ENTREPRENEURSHIP (OLPE)

The Open Learning Programme in Entrepreneurship (OLPE) for S&T persons has been initiated with the

help of the Entrepreneurship Development Institute of India (EDII), Ahmedabad, to spread the message of

entrepreneurship at a faster rate and to cover a large number of beneficiaries in a shorter time.

This is a programme in the distance education mode, under which potential entrepreneurs are provided not

only with study material but also guidance by resource persons during the contact sessions in different parts

of the country.

The programme facilitates learning at the pace and place of the participants. This is a roll on programme

with new recruitment once in every three months.

ENTREPRENEURSHIP AWARENESS CAMP (EAC) Entrepreneurship Awareness Camps (EACs) are conducted by

nodal agencies in each State/Union Territory of the country. The

implementing agency is usually either an educational institution

or a professional body specialising in entrepreneurship

development.

Guidelines for Conducting Entrepreneurship Awareness Camps (EACs) in Educational Institutions

Programme Objective

To create awareness among faculty and students of

Engineering and Science courses about various

facets of entrepreneurship as an alternative career

option as also to highlight the merits of pursuing

such an option.

Target Group

Science and Technology graduates/diploma holders or

those who are doing their final year diploma/degree

in engineering/technology/science.

SCIENCE & TECHNOLOGY ENTREPRENEURSHIP DEVELOPMENT(STED) PROJECT

Science & Technology Entrepreneurship Development Scheme (STEDS) was

launched in 1985 when NSTEDB prepared a scheme to map the available

material resources in industrially backward regions and prepare a basket of

technically feasible and economically viable project profiles of enterprises that

could be promoted by local S & T entrepreneurs and thus tapping hitherto un-

utilised / under-utilised resources. Later the scheme was re-christened as

"Science & Technology Entrepreneurship Development Scheme (STEDS)".

OBJECTIVES OF (STED) PROJECT

To identify possible resource based projects in the region covering both rural

and urban areas.

To organise regular enterprise awareness programmes and skill development programmes for creating suitable

entrepreneurial environment in the district

To launch at least 200 micro-enterprises in the district during the four years of duration in which at least 50 technology-driven micro-enterprises

are to be in technology specific areas as identified by the implementing agency earlier

FACULTY DEVELOPMENT PROGRAMME (FDP) A Faculty Development Programme (FDP) is designed to train and develop

professionals in entrepreneurship development so that they can act as resource persons in guiding and motivating young S&T persons to take up entrepreneurship as a career.

The FDPs provide inputs on process and practice of entrepreneurship development, communication and inter-personal skills, creativity, problem solving, achievement motivation training, inputs on resource and knowledge industries

Guidelines for Conducting Faculty Development Programme (FDP)

Programme Objective

Faculty Development Programme (FDP) aims at equipping teachers with skills and knowledge that are essential for inculcating entrepreneurial values in students and guiding and monitoring their progress towards entrepreneurial career.

Who can conduct?

Institutes / organisation engaged in entrepreneurship training having vast experience in the field of entrepreneurship development. The organisation should have in-house training experts for conducting FDPs.

Target Group

Teachers of Science & Technology Colleges/Institutions, persons from the organisation engaged in entrepreneurship development

TECHNOLOGY BASED ENTREPRENEURSHIP DEVELOPMENTPROGRAMME (TEDP)

Programme Objective

In a TEDP :-

1. The entrepreneurs are exposed to technical knowledge about the

products and technologies and are enabled to develop their skills at the lab

of the technology provider.

2. The R&D lab having commercially viable technologies, get potential

entrepreneurs as its "takers"; and

3. The entrepreneurship-training institute can put concerted efforts in a

specific discipline of product-technology and thus can have better control

over the course of the programme and its success.

examples

Leather,

Plastic, Electronics &

Communicatio

n,

Fragrance &

Flavour,

Instrumentatio

n,

Bio-technol

ogy,

IT Comput

er Hardwa

re,

Food Processing,

Bio-medical Equipm

ent,

Glass & Cerami

cs,

Medical Plants Processing, etc.

A Technology Based EDP primarily focuses on training and

development need of S&T entrepreneurs in a specific

technology area

WOMEN ENTREPRENEURSHIP DEVELOPMENT IN INDIA

Women entrepreneurship development is an essential part of human Resource development.

The development of women entrepreneurship is very low in India, especially in the rural areas.

CATEGORIES OF WOMEN ENTREPRENEURS IN

PRACTICE IN INDIA

First

Category

Established in big

cities

Nontraditional Items

Having higher level

technical & professional

qualifications

Second

Category

Established in cities

and towns

Having sufficient

education

Undertaking women

services-

kindergarten, beauty

parlors, health

Third Category

Illiterate women

Financially week

• Involved in family business such as

Agriculture, Horticulture

POLICY FRAMEWORK SUPPORTING

WOMEN ENTREPRENEURS IN INDIA

CREATINGAN ENVIRONMENT THROUGH POSITIVE ECONOMIC AND SOCIAL POLICIES OR FULL DEVELOPMENT OF WOMEN TO ENABLE THEM TO REALIZE THEIR FULL POTENTIAL

CHANGING SOCIETAL ATTITUDE AND COMMUNITY PRACTICES BY ACTIVE PARTICIPATION AND INVOLVEMENT OF BOTH MEN AND WOMEN;

MAINSTREAMING A GENDER PERSPECTIVE IN THE DEVELOPMENT PROCESS;

ELIMINATION OF DISCRIMINATION AND ALL FORMS OF VIOLENCE AGAINST WOMEN AND THE GIRL CHILD; AND

BUILDING AND STENGHTENING PARTNERSHIP WITH CIVIL SOCIETY,PARTICULARLY WOMEN’S ORGANIZATIONS.

SWA-SHAKTI PROJECT

THE TASKS INVOLVED INCLUDE :

IDENTIFICATION OF RURAL WOMEN BENEFICIARIES,PARTICULARLY THOSE ENGAGED IN “ON-FARM” ACTIVITIES;

THEIR ORGANIZATION INTO SMALL,HOMOGENEOUS GROUPS; THEIR AWARENESS GENERATION AND CONFIDENCE BUILDING; THEIR TRANING IN GROUP DYNAMICS; AND THEIR FUNCTIONAL AND LEGAL LITERACY.

INDIRA MAHILA YOJNA (IMY) :

IT IS PERMISED ON RECOGNITION OF THE FACT THAT EMPOWERMENT IS A MULTIFACETED PROCESS. IT SEEKS TO ACHIEVE THIS BY THE FOLLOWING OBJECTIVES:

TO GENERATE AWARENESS AMONG WOMEN BY DISSEMINATING INFORMATION AND KNOWLEDGE,SO AS TO BRING ABOUT AN ATTITUDINAL CHANGE;

TO HELP WOMEN ACHIEVE ECONOMIC STRENGTH THROUGH MICRO-LEVEL INCOME GENERATING ACTIVITIES;AND

TO ESTABLISH COVERGENCE OF VARIOUS SERVICES SUCH AS LITERACY,HEALTH,NON-FORMAL EDUCATION,RURAL DEVELOPMENT,WATER SUPPLY,ENTREPRENEURSHIP

RASHTRIYA MAHILA KOSH (RMK)

IS MAIN OBJECTIVES ARE :

TO PROVIDE OR PROMOTE THE PROVISION OF MICRO – CREDIT TO POOR WOMEN FOR INCOME GENERATION ACTIVITIES OR DOR ASSET CREATION.

TO USE THE GROUP CONCEPT AND THE PROVISION OF CREDIT AS AN INSTRUEMENT OF WOMEN’S EMPOWERMENT, SOCIO-ECONOMIC CHANGE AND DEVELOPMENT.

TO RECEIVE GRANTS,DONATIONS,LOANS,ETC.,FOR THE FURTHERANCE OF THE AIMS AND OBJECTIVES OF THE KOSH.

THE FEDRATION OF INDIAN WOMEN

ENTREPRENEURS (FIWE) :

THE MAIN OBJECTIVES OF THE FIWE ARE AS FOLLOWS:

PROVIDE TRAINING FACILITIES IN EXPORT MARKETING AND MANAGEMENT,DOMESTIC MARKETING,

QUALITY CONTROL AND STANDARDLIZATION,MANAGEMENT OF ENTERPRISES,LAWS,REGULATIONS,PROCEDURES AND SYSTEM FOR RUNNING A SAMLL AND MEDIUM-SIZED ENTERPRISE AND SUSTAINING IT’S GROWTH, ETC.

TO BRING OUT A QUARTERLY NEWSLETTER TO EDUCATE AND INFORM WOMEN ENTREPRENEURS ON BUSINESS OPPURTUNITIES, MANAGEMENT AND EXCHANGE OF EXPERIENCE AND EXPERTISE.

TO ENHANCE ACESS TO TERM LOAN AND WORKING CAPITAL. ASSISTING IN THE IDENTIFICATION OF INVESTMENT OPPURTUNITIES

WOMEN WORK PARTICIPATION INDIA PERCENTAGE

0

10

20

30

40

1970-19711980-1981

1990-19912010-2011

Series 1

TOTAL PERCENTAGE OF REGISTERED WOMEN

ENTREPRENEURS IN INDIA

0

5

10

15

20

25

30

35

40

CONCLUSION

India’s tryst with entrepreneurship is an emerging phenomenon when compared to its 65 years of existence as an independent nation

Various support mechanisms have been designed by the government to nurture the entrepreneurial mindset, some of which are highlighted the objective of all the policies and programs is multifold, superficially they are meant to assist and cater to the needs of entrepreneurs.

Also, throught the world, women make a vital contribution to industrial output.their work not only sustain their families,butalso makes a major contribution to socio-economic progress.

A strategy needs to be in congruence with field realities, and should especially take cognizance of the problems women entrepreneurs face within the current system.