Why Entrepreneurship is Motivated
in India?
Presented by-
Gaurav Mahajan
15-07-2014Why Entrepreneurship is Motivated in In...
Who is an entrepreneur??
15-07-2014Why Entrepreneurship is Motivated in India? 2
Entrepreneur
 An entrepreneur is defined as “person in effective control of
commercial undertaking; one who undertakes a ...
Entrepreneurship
 Entrepreneurship is the act of being an entrepreneur, who starts any
economic activity for being self-e...
Need of Entrepreneurship
 Increases national production
 Balanced area development
 To generate employment
 Economic g...
WHAT ENTREPRENEURS DO?
EMPLOYMENT & INCOME GENERATION
ENTERPRISES
ENTREPRENEURS
Taxes/Govt.
Revenues
Poverty
Alleviation
H...
What causes economic growth?
 Economic growth is effect, entrepreneur is the cause.
 Entrepreneurs explore opportunities...
Entrepreneur as an Economic Pioneer
 Introduction of new goods and products
 Introduction of new processes and methods o...
Support for Entrepreneurship … Why?
 Seed pipeline of future enterprises,
 Create a risk-taking culture,
 Long-term eco...
Factors Of Motivation :
 Confidence
 Environment
 Money
 Technical Skills
 Customer Satisfaction
15-07-2014 10Why Ent...
Why Entrepreneurship Is Motivated..???
 It Provides Employment.
 It Promotes Capital Formation Of Country.
 It Promotes...
Role of Indian Government in motivating
“entrepreneurship”
 Indian Government plays every important role for the developm...
Various programmes started by government
15-07-2014Why Entrepreneurship is Motivated in India? 13
 Government has recognized the important role of entrepreneurs in the
industrial development of the country especially th...
All India Institutions
 Small Scale Industries Board
 Ministry of Small Scale Industries
 Small Industry Development Or...
State Level Institutions
 State Industrial Development Corporations (SIDCs)
 State Directorate of Industries (SDIs)
 Di...
Fund-Based Institutions
 Fund-Based Institutions
 Small Industries Development Bank of India (SIDBI)
 Commercial Banks
...
Questions?????
15-07-2014Why Entrepreneurship is Motivated in India? 18
Thank You
15-07-2014Why Entrepreneurship is Motivated in India? 19
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Why entrepreneurship is motivated in india?

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This presentation is about Entrepreneurship and small business in India, which includes why entrepreneurship in motivated in India, basic factors, need, and sources of motivation i.e how government is taking an initiative to motivate them, which will lead to overall growth of individual and economy.

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Why entrepreneurship is motivated in india?

  1. 1. Why Entrepreneurship is Motivated in India? Presented by- Gaurav Mahajan 15-07-2014Why Entrepreneurship is Motivated in India? 1
  2. 2. Who is an entrepreneur?? 15-07-2014Why Entrepreneurship is Motivated in India? 2
  3. 3. Entrepreneur  An entrepreneur is defined as “person in effective control of commercial undertaking; one who undertakes a business or an enterprise”.  Entrepreneur is an innovative person who maximizes his profits by following new strategies or venturing into new products or services. 15-07-2014Why Entrepreneurship is Motivated in India? 3
  4. 4. Entrepreneurship  Entrepreneurship is the act of being an entrepreneur, who starts any economic activity for being self-employed.  Entrepreneurship is the “process of the entrepreneur”. It is an attempt to create value through recognition of business opportunity. It is basically communicative and management functions to mobilize financial and material resources.  The entrepreneurial activity is governed by varying combination of socio- economic, psychological, cultural and other factors: Caste/religion, Family background, Level of education, Level of perception, Occupational background, Migratory character, Entry into entrepreneurship, Nature of enterprise, Investment capacity and Ambition/moderation. 15-07-2014Why Entrepreneurship is Motivated in India? 4
  5. 5. Need of Entrepreneurship  Increases national production  Balanced area development  To generate employment  Economic growth  Encourage self employment  Entrepreneurial awareness 15-07-2014Why Entrepreneurship is Motivated in India? 5
  6. 6. WHAT ENTREPRENEURS DO? EMPLOYMENT & INCOME GENERATION ENTERPRISES ENTREPRENEURS Taxes/Govt. Revenues Poverty Alleviation Higher Productivity & Innovations Output & Exports Wealth 15-07-2014Why Entrepreneurship is Motivated in India? 6
  7. 7. What causes economic growth?  Economic growth is effect, entrepreneur is the cause.  Entrepreneurs explore opportunities.  Convert ideas into viable business proposition and provide new products and services to the society by bringing together and combining various factors of production.  They change life style of the people. 15-07-2014Why Entrepreneurship is Motivated in India? 7
  8. 8. Entrepreneur as an Economic Pioneer  Introduction of new goods and products  Introduction of new processes and methods of production  Opening up of new markets  Opening up of new sources of supply  Industrial re-organization 15-07-2014Why Entrepreneurship is Motivated in India? 8
  9. 9. Support for Entrepreneurship … Why?  Seed pipeline of future enterprises,  Create a risk-taking culture,  Long-term economic development,  Employment creation… 15-07-2014Why Entrepreneurship is Motivated in India? 9
  10. 10. Factors Of Motivation :  Confidence  Environment  Money  Technical Skills  Customer Satisfaction 15-07-2014 10Why Entrepreneurship is Motivated in India?
  11. 11. Why Entrepreneurship Is Motivated..???  It Provides Employment.  It Promotes Capital Formation Of Country.  It Promotes The Countries Export Traders.  Bring Light Towards Backward Areas.  Proper Utilisation Of Resources. 15-07-2014 11Why Entrepreneurship is Motivated in India?
  12. 12. Role of Indian Government in motivating “entrepreneurship”  Indian Government plays every important role for the development and motivation of entrepreneurs as well entrepreneurship  It motivates by giving rebate on taxes  Providing subsidies  Opening industrial parks  Making registration process easy to establish new company  Conducting entrepreneurial training 15-07-2014Why Entrepreneurship is Motivated in India? 12
  13. 13. Various programmes started by government 15-07-2014Why Entrepreneurship is Motivated in India? 13
  14. 14.  Government has recognized the important role of entrepreneurs in the industrial development of the country especially through the small scale industries (SSIs).  SSIs are essential for Indian economy in terms of employment generation, foreign exchange earnings, its share in industrial output, and contribution to national income.  The government of India and state governments provides a number of special facilities and incentives. 15-07-2014Why Entrepreneurship is Motivated in India? 14
  15. 15. All India Institutions  Small Scale Industries Board  Ministry of Small Scale Industries  Small Industry Development Organisation (SIDO)  National Small Industries Corporation (NSIC) Limited  The Khadi and Village Industries Commission (KVIC)  Coir Board  Training Institutes 15-07-2014Why Entrepreneurship is Motivated in India? 15
  16. 16. State Level Institutions  State Industrial Development Corporations (SIDCs)  State Directorate of Industries (SDIs)  District Industries Centres (DICs) 15-07-2014Why Entrepreneurship is Motivated in India? 16
  17. 17. Fund-Based Institutions  Fund-Based Institutions  Small Industries Development Bank of India (SIDBI)  Commercial Banks  State Financial Corporations (SFCs) 15-07-2014Why Entrepreneurship is Motivated in India? 17
  18. 18. Questions????? 15-07-2014Why Entrepreneurship is Motivated in India? 18
  19. 19. Thank You 15-07-2014Why Entrepreneurship is Motivated in India? 19

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