SlideShare a Scribd company logo
CURRENT SCENARIO OF ENTREPRENEURSHIP IN INDIA
• Present Entrepreneurial Scenario :
• There are ample opportunities in small businesses are there in India
• such opportunities will transform India in the coming future. For such
transformation to happen there needs to be supporting both at the
governmental and societal level.
• The scope of entrepreneurship development in our country is tremendous.
• since there is widespread concern that the acceleration in GDP growth in the
post reforms period.
• Results of the 57th round of the National Sample Survey Organization (NSSO)
show that unemployment figures in 2003-04 were as high as 8.9 million.
• Incidentally, one million more Indian joined the rank of the unemployed
between 2005-06 & 2007-08. The rising unemployment rate (9.2% 2008 est.)
in India has resulted in growing frustration among the youth.
• In addition there is always problem of underemployment. As a result,
increasing the entrepreneurial activities in the country is the only solution left
with govt.
• The reports prepared by Planning Commission to generate employment
opportunities for 10 crore people over the next ten years have strongly
recommended self-employment as a way-out for teaming unemployed youth.
• Supporting Organizations:
• The Government has setup various organizations which specialize in industry
promotion & entrepreneurship development in different sectors. The
organizations provide policy framework support, in addition to training &
financial aid.
• Khadi & Village Industries Commission
• COIR Board
• Small Industries Development Bank of India
• National Manufacturing Competitiveness Council
• National Skill Development Corporation
• State Level Initiatives:
• Individual states across India have setup specially focused organizations which
work towards the development & support of small scale industries. These
organizations run specific promotional schemes in addition to providing
financial support to industries.
• List of State Financial Corporations (SFCs)
• List of State Industrial Development Corporations (SIDCs)
• Development Support Organizations:
• Government of India has also set up various organizations that are at the
forefront in providing support and training for the budding entrepreneurs.
Few of them are:
• Central Footwear Training Institute - Agra
• Indo-German Tool Room - Ahmedabad
• Indo-German Tool Room -Aurangabad
• Central Institute of Tool Design - Hyderabad
• Central Tool Room - Ludhiana
• Indo-German Tool Room - Indore
• Central Tool Room & Training Center - Bubhaneshwar
• Circle Telecom Training Center - Kolkata
• Indo-Danish Tool Room - Jamshedpur
• Institute for Design of Electrical Measuring Instruments
• Electronics Service & Training Center - Ramnagar
• Fragrance & Flavour Development Center - Kannuaj
• Industry Associations:
• There are a variety of associations which help & encourage the cause of
industry. These associations provide support & strength to the entrepreneurs
& the organizations they setup. Additionally, industry association networks
are crucial in steering government policy & action as well.
• Complete list of Industry Associations
• National Bank for Agriculture & Rural Development (NABARD)
• Laghu Udyog Bharati (LUB)
• Federation of Indian Chambers of Commerce and Industry (FICCI)
• Confederation of Indian Industry (CII)
• The Associated Chambers of Commerce and Industry of India (ASSOCHAM)
• Federation of Indian Micro and Small & Medium Enterprises (FISME)
• World Association for Small and Medium Enterprises (WASME)
• India Trade Promotion Organisation (ITPO)
• Technology Innovation Management and Entrepreneurship Information Service
• Asian and Pacific Centre for Transfer of Technology (APCTT)
CONCLUSIONS:
• Entrepreneurship development is the key factor to fight against
unemployment, poverty and to prepare ourselves for globalization in order to
achieve overall Indian economic-progress.
INTRODUCTION
MSME
Msme stands for micro, small and medium enterprises.
It plays a important role for economic development of our
country.
 The major advantage of the sector is its employment
potential at low capital cost. The labor intensity of the
MSME sector is much higher than that of the large
enterprises.
it satisfies the demand of local customer.
Brief idea about MSME
• In India, the enterprises have been classified broadly
into two categories
1.Manufacturing
2. services.
• Both categories have been further classified into
micro, small and medium enterprises based on their
investment in plant and machinery or on equipment.
CLASSIFICATION OF ENTERPRISES..
Category Manufacturing (Pl &
Machinery)
Service (Equipments)
MICRO Upto 25 Lakhs Upto 10 Lakhs
SMALL 25 Lakhs to 5 Cr 10 Lakhs to 2 Cr
MEDIUM 5 Cr to 10 Cr 2 Cr to 5 Cr
MACRO >10 Cr > 5Cr
ClassificationClassification Investment ceiling for plant, MachineryInvestment ceiling for plant, Machinery
or Equipmentsor Equipments
ManufacturingManufacturing
EnterprisesEnterprises
ServiceService
EnterprisesEnterprises
MicroMicro Upto Rs. 25 lakhUpto Rs. 25 lakh Upto R. 10 lakhUpto R. 10 lakh
SmallSmall Above Rs. 25 lakh &Above Rs. 25 lakh &
upto Rs. 5 croreupto Rs. 5 crore
Above Rs. 10Above Rs. 10
lakh & upto Rs. 2lakh & upto Rs. 2
crorecrore
MediumMedium Above Rs. 5 Crore anAbove Rs. 5 Crore an
upto Rs. 10 croreupto Rs. 10 crore
Above Rs. 2Above Rs. 2
crore & upto Rs.crore & upto Rs.
5 crore5 crore
DEPARTMENT OF SCIENCE &
TECHNOLOGY -DST
The National Science & Technology
Entrepreneurship Development Board (NSTEDB),
established in 1982 by the Government of India
under the aegis of Department of Science &
Technology, is an institutional mechanism to help
promote knowledge driven and technology
intensive enterprises. The Board, having
representations from socio-economic and scientific
Ministries/Departments, aims to convert "job-
seekers" into "job-generators" through Science &
Technology (S&T) interventions
PROGRAMES OF DST
Training programmes
Entrepreneurship Awareness Camp (EAC)
Entrepreneurship Development Programme (EDP)
Faculty Development Programme (FDP)
Technology Based EDP (TEDP)
Institutional mechanisms for entrepreneurship development
Innovation and Entrepreneurship Development Centre (IEDC)
Science & Technology Entrepreneurship Development (STED) Project
Science and Technology based Entrepreneurship Development (i-STED)
Science & Technology Entrepreneurs Park (STEP)
Technology Business Incubator (TBI)

More Related Content

What's hot

Institutions in aid of Entrepreneurs
Institutions in aid of EntrepreneursInstitutions in aid of Entrepreneurs
Institutions in aid of Entrepreneurs
MONIRBA, University of Allahabad
 
Dic, niesbud, cedok
Dic, niesbud, cedokDic, niesbud, cedok
Dic, niesbud, cedok
arun savukar
 
Entrepreneurship development programmes
Entrepreneurship development programmesEntrepreneurship development programmes
Entrepreneurship development programmes
Daksh Goyal
 
Changing Scenario of Agriculture Marketing in India
Changing Scenario of Agriculture Marketing in IndiaChanging Scenario of Agriculture Marketing in India
Changing Scenario of Agriculture Marketing in India
SamritiJamwal3
 
Entrepreneurship development - Micro Small and Medium Enterprises
Entrepreneurship development - Micro Small and Medium EnterprisesEntrepreneurship development - Micro Small and Medium Enterprises
Entrepreneurship development - Micro Small and Medium Enterprises
SOMASUNDARAM T
 
MSME
MSMEMSME
Ppt on Small Industries Development Bank of India
Ppt on Small Industries Development Bank of IndiaPpt on Small Industries Development Bank of India
Ppt on Small Industries Development Bank of IndiaSatakshi Kaushik
 
Entrepreneurship Development
Entrepreneurship DevelopmentEntrepreneurship Development
Entrepreneurship Development
Dhina Karan
 
Entrepreneurship development cycle 
Entrepreneurship development cycle Entrepreneurship development cycle 
Entrepreneurship development cycle 
KULDEEP MATHUR
 
Role of government in promoting entrepreneurship
Role of government in promoting entrepreneurshipRole of government in promoting entrepreneurship
Role of government in promoting entrepreneurship
Simran Kaur
 
Co-operative organizations
Co-operative organizationsCo-operative organizations
Co-operative organizations
simran sakshi
 
Problem of MSME's in India
Problem of MSME's in IndiaProblem of MSME's in India
Problem of MSME's in India
MONIRBA, University of Allahabad
 
Challenges Faced By Women Entrepreneurs In India
Challenges Faced By Women Entrepreneurs In IndiaChallenges Faced By Women Entrepreneurs In India
Challenges Faced By Women Entrepreneurs In India
Latha setna
 
institutional support in Entrepreneurship
institutional support in Entrepreneurshipinstitutional support in Entrepreneurship
institutional support in EntrepreneurshipSahil Kamdar
 
STAGES OF INTERNATIONAL BUSINESS
STAGES OF INTERNATIONAL BUSINESSSTAGES OF INTERNATIONAL BUSINESS
STAGES OF INTERNATIONAL BUSINESS
Dr. Ravneet Kaur
 
Entrepreneurship Concepts and Functions
Entrepreneurship Concepts and FunctionsEntrepreneurship Concepts and Functions
Entrepreneurship Concepts and Functions
RichaDawar1
 
Small industries services institutes
Small industries services institutesSmall industries services institutes
Small industries services institutes
Simran Kaur
 
Cooperative society
Cooperative societyCooperative society
Cooperative societyRaj Gahlot
 
Eastern vs. Western Management
Eastern vs. Western ManagementEastern vs. Western Management
Eastern vs. Western ManagementVortran Calimlim
 
small-scale-industries
small-scale-industriessmall-scale-industries
small-scale-industries
Savita Makond
 

What's hot (20)

Institutions in aid of Entrepreneurs
Institutions in aid of EntrepreneursInstitutions in aid of Entrepreneurs
Institutions in aid of Entrepreneurs
 
Dic, niesbud, cedok
Dic, niesbud, cedokDic, niesbud, cedok
Dic, niesbud, cedok
 
Entrepreneurship development programmes
Entrepreneurship development programmesEntrepreneurship development programmes
Entrepreneurship development programmes
 
Changing Scenario of Agriculture Marketing in India
Changing Scenario of Agriculture Marketing in IndiaChanging Scenario of Agriculture Marketing in India
Changing Scenario of Agriculture Marketing in India
 
Entrepreneurship development - Micro Small and Medium Enterprises
Entrepreneurship development - Micro Small and Medium EnterprisesEntrepreneurship development - Micro Small and Medium Enterprises
Entrepreneurship development - Micro Small and Medium Enterprises
 
MSME
MSMEMSME
MSME
 
Ppt on Small Industries Development Bank of India
Ppt on Small Industries Development Bank of IndiaPpt on Small Industries Development Bank of India
Ppt on Small Industries Development Bank of India
 
Entrepreneurship Development
Entrepreneurship DevelopmentEntrepreneurship Development
Entrepreneurship Development
 
Entrepreneurship development cycle 
Entrepreneurship development cycle Entrepreneurship development cycle 
Entrepreneurship development cycle 
 
Role of government in promoting entrepreneurship
Role of government in promoting entrepreneurshipRole of government in promoting entrepreneurship
Role of government in promoting entrepreneurship
 
Co-operative organizations
Co-operative organizationsCo-operative organizations
Co-operative organizations
 
Problem of MSME's in India
Problem of MSME's in IndiaProblem of MSME's in India
Problem of MSME's in India
 
Challenges Faced By Women Entrepreneurs In India
Challenges Faced By Women Entrepreneurs In IndiaChallenges Faced By Women Entrepreneurs In India
Challenges Faced By Women Entrepreneurs In India
 
institutional support in Entrepreneurship
institutional support in Entrepreneurshipinstitutional support in Entrepreneurship
institutional support in Entrepreneurship
 
STAGES OF INTERNATIONAL BUSINESS
STAGES OF INTERNATIONAL BUSINESSSTAGES OF INTERNATIONAL BUSINESS
STAGES OF INTERNATIONAL BUSINESS
 
Entrepreneurship Concepts and Functions
Entrepreneurship Concepts and FunctionsEntrepreneurship Concepts and Functions
Entrepreneurship Concepts and Functions
 
Small industries services institutes
Small industries services institutesSmall industries services institutes
Small industries services institutes
 
Cooperative society
Cooperative societyCooperative society
Cooperative society
 
Eastern vs. Western Management
Eastern vs. Western ManagementEastern vs. Western Management
Eastern vs. Western Management
 
small-scale-industries
small-scale-industriessmall-scale-industries
small-scale-industries
 

Similar to Current scenario

MSME - All you need to know about this sector
MSME - All you need to know about this sectorMSME - All you need to know about this sector
MSME - All you need to know about this sector
shubhadeep saha
 
ROLE-OF-SME-IN-ECONOMIC-GROWTH-OF-INDIA (1).pptx
ROLE-OF-SME-IN-ECONOMIC-GROWTH-OF-INDIA (1).pptxROLE-OF-SME-IN-ECONOMIC-GROWTH-OF-INDIA (1).pptx
ROLE-OF-SME-IN-ECONOMIC-GROWTH-OF-INDIA (1).pptx
ssuser027e92
 
Medium, Small and Micro enterprises MSM
Medium, Small and Micro enterprises MSMMedium, Small and Micro enterprises MSM
Medium, Small and Micro enterprises MSM
PROF. PUTTU GURU PRASAD
 
Empowering MSMEs through financing and linkages
Empowering MSMEs through financing and linkagesEmpowering MSMEs through financing and linkages
Empowering MSMEs through financing and linkages
Misbah Hussain
 
Micro, small and medium enterprises in india
Micro, small and medium enterprises in indiaMicro, small and medium enterprises in india
Micro, small and medium enterprises in indiaRaveena Kaushal
 
Basic concept of MSME
Basic concept  of  MSME  Basic concept  of  MSME
Basic concept of MSME
Anil Kumar
 
Various Govt. Schemes for Startups VMT
Various Govt. Schemes for Startups VMTVarious Govt. Schemes for Startups VMT
Various Govt. Schemes for Startups VMT
Vishal Tidake
 
Overview of Indian SME - ADDVALUE Lean Consulting Firm
Overview of Indian SME - ADDVALUE Lean Consulting FirmOverview of Indian SME - ADDVALUE Lean Consulting Firm
Overview of Indian SME - ADDVALUE Lean Consulting Firm
ADD VALUE CONSULTING Inc
 
ROLE-OF-SME-IN-ECONOMIC-GROWTH-OF-INDIA.pptx
ROLE-OF-SME-IN-ECONOMIC-GROWTH-OF-INDIA.pptxROLE-OF-SME-IN-ECONOMIC-GROWTH-OF-INDIA.pptx
ROLE-OF-SME-IN-ECONOMIC-GROWTH-OF-INDIA.pptx
ssuser027e92
 
SSI, MSME & SEZs
SSI, MSME & SEZsSSI, MSME & SEZs
SSI, MSME & SEZs
Shoppers Stop
 
Govt policies & schemes for entreprise development
Govt policies & schemes for entreprise developmentGovt policies & schemes for entreprise development
Govt policies & schemes for entreprise development
Amit Attri
 
govt-20032312293y3g2g2g22ggwgwg4 (1).pptx
govt-20032312293y3g2g2g22ggwgwg4 (1).pptxgovt-20032312293y3g2g2g22ggwgwg4 (1).pptx
govt-20032312293y3g2g2g22ggwgwg4 (1).pptx
ssuserff0096
 
government institutions for entrepreneurship development
government institutions for entrepreneurship developmentgovernment institutions for entrepreneurship development
government institutions for entrepreneurship development
Mita Meher
 
Role of msme in indian economic development
Role of msme in indian economic developmentRole of msme in indian economic development
Role of msme in indian economic development
Kushal Kumar
 
msme act.pptx
msme act.pptxmsme act.pptx
msme act.pptx
sapna moodautia
 
Make in india - The Way Ahead Class 12 Economics Project
Make in india - The Way Ahead Class 12 Economics ProjectMake in india - The Way Ahead Class 12 Economics Project
Make in india - The Way Ahead Class 12 Economics Project
ShivamSingh1247
 
Role of specilized institution in development of ssi
Role of specilized institution in development of ssiRole of specilized institution in development of ssi
Role of specilized institution in development of ssiShaham Khan
 
Role of sme’s in economic growth of india, SME ,MSME
Role of sme’s in economic growth of india, SME ,MSMERole of sme’s in economic growth of india, SME ,MSME
Role of sme’s in economic growth of india, SME ,MSMEVIJAY KAMBOJ
 
1 SME Finance.pptx
1 SME Finance.pptx1 SME Finance.pptx
1 SME Finance.pptx
VbsReddy2
 
IDC
IDCIDC

Similar to Current scenario (20)

MSME - All you need to know about this sector
MSME - All you need to know about this sectorMSME - All you need to know about this sector
MSME - All you need to know about this sector
 
ROLE-OF-SME-IN-ECONOMIC-GROWTH-OF-INDIA (1).pptx
ROLE-OF-SME-IN-ECONOMIC-GROWTH-OF-INDIA (1).pptxROLE-OF-SME-IN-ECONOMIC-GROWTH-OF-INDIA (1).pptx
ROLE-OF-SME-IN-ECONOMIC-GROWTH-OF-INDIA (1).pptx
 
Medium, Small and Micro enterprises MSM
Medium, Small and Micro enterprises MSMMedium, Small and Micro enterprises MSM
Medium, Small and Micro enterprises MSM
 
Empowering MSMEs through financing and linkages
Empowering MSMEs through financing and linkagesEmpowering MSMEs through financing and linkages
Empowering MSMEs through financing and linkages
 
Micro, small and medium enterprises in india
Micro, small and medium enterprises in indiaMicro, small and medium enterprises in india
Micro, small and medium enterprises in india
 
Basic concept of MSME
Basic concept  of  MSME  Basic concept  of  MSME
Basic concept of MSME
 
Various Govt. Schemes for Startups VMT
Various Govt. Schemes for Startups VMTVarious Govt. Schemes for Startups VMT
Various Govt. Schemes for Startups VMT
 
Overview of Indian SME - ADDVALUE Lean Consulting Firm
Overview of Indian SME - ADDVALUE Lean Consulting FirmOverview of Indian SME - ADDVALUE Lean Consulting Firm
Overview of Indian SME - ADDVALUE Lean Consulting Firm
 
ROLE-OF-SME-IN-ECONOMIC-GROWTH-OF-INDIA.pptx
ROLE-OF-SME-IN-ECONOMIC-GROWTH-OF-INDIA.pptxROLE-OF-SME-IN-ECONOMIC-GROWTH-OF-INDIA.pptx
ROLE-OF-SME-IN-ECONOMIC-GROWTH-OF-INDIA.pptx
 
SSI, MSME & SEZs
SSI, MSME & SEZsSSI, MSME & SEZs
SSI, MSME & SEZs
 
Govt policies & schemes for entreprise development
Govt policies & schemes for entreprise developmentGovt policies & schemes for entreprise development
Govt policies & schemes for entreprise development
 
govt-20032312293y3g2g2g22ggwgwg4 (1).pptx
govt-20032312293y3g2g2g22ggwgwg4 (1).pptxgovt-20032312293y3g2g2g22ggwgwg4 (1).pptx
govt-20032312293y3g2g2g22ggwgwg4 (1).pptx
 
government institutions for entrepreneurship development
government institutions for entrepreneurship developmentgovernment institutions for entrepreneurship development
government institutions for entrepreneurship development
 
Role of msme in indian economic development
Role of msme in indian economic developmentRole of msme in indian economic development
Role of msme in indian economic development
 
msme act.pptx
msme act.pptxmsme act.pptx
msme act.pptx
 
Make in india - The Way Ahead Class 12 Economics Project
Make in india - The Way Ahead Class 12 Economics ProjectMake in india - The Way Ahead Class 12 Economics Project
Make in india - The Way Ahead Class 12 Economics Project
 
Role of specilized institution in development of ssi
Role of specilized institution in development of ssiRole of specilized institution in development of ssi
Role of specilized institution in development of ssi
 
Role of sme’s in economic growth of india, SME ,MSME
Role of sme’s in economic growth of india, SME ,MSMERole of sme’s in economic growth of india, SME ,MSME
Role of sme’s in economic growth of india, SME ,MSME
 
1 SME Finance.pptx
1 SME Finance.pptx1 SME Finance.pptx
1 SME Finance.pptx
 
IDC
IDCIDC
IDC
 

More from kongara

K.chaitanya sm
K.chaitanya smK.chaitanya sm
K.chaitanya sm
kongara
 
Stakeholder management
Stakeholder managementStakeholder management
Stakeholder management
kongara
 
K.chaitanya pm
K.chaitanya pmK.chaitanya pm
K.chaitanya pm
kongara
 
2 e salesforce objectives.pdf (3 files merged)
2 e salesforce objectives.pdf (3 files merged)2 e salesforce objectives.pdf (3 files merged)
2 e salesforce objectives.pdf (3 files merged)
kongara
 
Linear logisticregression
Linear logisticregressionLinear logisticregression
Linear logisticregression
kongara
 
Adwords introduction (1)
Adwords introduction (1)Adwords introduction (1)
Adwords introduction (1)
kongara
 
Offpage optimization
Offpage optimizationOffpage optimization
Offpage optimization
kongara
 
Basics of search engines and algorithms (1)
Basics of search engines and algorithms (1)Basics of search engines and algorithms (1)
Basics of search engines and algorithms (1)
kongara
 
Isttm evol, dynamics, trends hrm
Isttm evol, dynamics, trends hrmIsttm evol, dynamics, trends hrm
Isttm evol, dynamics, trends hrm
kongara
 
Isttm hyd ir v2.0
Isttm hyd ir v2.0Isttm hyd ir v2.0
Isttm hyd ir v2.0
kongara
 
Isstm merit rating, promotions & transfers
Isstm merit rating, promotions & transfersIsstm merit rating, promotions & transfers
Isstm merit rating, promotions & transfers
kongara
 
Matching entrepreneur
Matching entrepreneurMatching entrepreneur
Matching entrepreneur
kongara
 
Marketing channel selection
Marketing channel selection Marketing channel selection
Marketing channel selection
kongara
 
Market feasibility
Market feasibilityMarket feasibility
Market feasibility
kongara
 
Innovation & entrepreneurship development program
Innovation & entrepreneurship development programInnovation & entrepreneurship development program
Innovation & entrepreneurship development program
kongara
 
Industrial policy
Industrial policyIndustrial policy
Industrial policykongara
 
government industrial policies
government industrial policies government industrial policies
government industrial policies
kongara
 
Feasibilitystudy
FeasibilitystudyFeasibilitystudy
Feasibilitystudy
kongara
 
Dpr
DprDpr
Dpr
kongara
 
Entrepreneurial competence
Entrepreneurial competenceEntrepreneurial competence
Entrepreneurial competence
kongara
 

More from kongara (20)

K.chaitanya sm
K.chaitanya smK.chaitanya sm
K.chaitanya sm
 
Stakeholder management
Stakeholder managementStakeholder management
Stakeholder management
 
K.chaitanya pm
K.chaitanya pmK.chaitanya pm
K.chaitanya pm
 
2 e salesforce objectives.pdf (3 files merged)
2 e salesforce objectives.pdf (3 files merged)2 e salesforce objectives.pdf (3 files merged)
2 e salesforce objectives.pdf (3 files merged)
 
Linear logisticregression
Linear logisticregressionLinear logisticregression
Linear logisticregression
 
Adwords introduction (1)
Adwords introduction (1)Adwords introduction (1)
Adwords introduction (1)
 
Offpage optimization
Offpage optimizationOffpage optimization
Offpage optimization
 
Basics of search engines and algorithms (1)
Basics of search engines and algorithms (1)Basics of search engines and algorithms (1)
Basics of search engines and algorithms (1)
 
Isttm evol, dynamics, trends hrm
Isttm evol, dynamics, trends hrmIsttm evol, dynamics, trends hrm
Isttm evol, dynamics, trends hrm
 
Isttm hyd ir v2.0
Isttm hyd ir v2.0Isttm hyd ir v2.0
Isttm hyd ir v2.0
 
Isstm merit rating, promotions & transfers
Isstm merit rating, promotions & transfersIsstm merit rating, promotions & transfers
Isstm merit rating, promotions & transfers
 
Matching entrepreneur
Matching entrepreneurMatching entrepreneur
Matching entrepreneur
 
Marketing channel selection
Marketing channel selection Marketing channel selection
Marketing channel selection
 
Market feasibility
Market feasibilityMarket feasibility
Market feasibility
 
Innovation & entrepreneurship development program
Innovation & entrepreneurship development programInnovation & entrepreneurship development program
Innovation & entrepreneurship development program
 
Industrial policy
Industrial policyIndustrial policy
Industrial policy
 
government industrial policies
government industrial policies government industrial policies
government industrial policies
 
Feasibilitystudy
FeasibilitystudyFeasibilitystudy
Feasibilitystudy
 
Dpr
DprDpr
Dpr
 
Entrepreneurial competence
Entrepreneurial competenceEntrepreneurial competence
Entrepreneurial competence
 

Recently uploaded

Home assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdfHome assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdf
Tamralipta Mahavidyalaya
 
Cambridge International AS A Level Biology Coursebook - EBook (MaryFosbery J...
Cambridge International AS  A Level Biology Coursebook - EBook (MaryFosbery J...Cambridge International AS  A Level Biology Coursebook - EBook (MaryFosbery J...
Cambridge International AS A Level Biology Coursebook - EBook (MaryFosbery J...
AzmatAli747758
 
Fish and Chips - have they had their chips
Fish and Chips - have they had their chipsFish and Chips - have they had their chips
Fish and Chips - have they had their chips
GeoBlogs
 
MARUTI SUZUKI- A Successful Joint Venture in India.pptx
MARUTI SUZUKI- A Successful Joint Venture in India.pptxMARUTI SUZUKI- A Successful Joint Venture in India.pptx
MARUTI SUZUKI- A Successful Joint Venture in India.pptx
bennyroshan06
 
Model Attribute Check Company Auto Property
Model Attribute  Check Company Auto PropertyModel Attribute  Check Company Auto Property
Model Attribute Check Company Auto Property
Celine George
 
Introduction to Quality Improvement Essentials
Introduction to Quality Improvement EssentialsIntroduction to Quality Improvement Essentials
Introduction to Quality Improvement Essentials
Excellence Foundation for South Sudan
 
Sectors of the Indian Economy - Class 10 Study Notes pdf
Sectors of the Indian Economy - Class 10 Study Notes pdfSectors of the Indian Economy - Class 10 Study Notes pdf
Sectors of the Indian Economy - Class 10 Study Notes pdf
Vivekanand Anglo Vedic Academy
 
Instructions for Submissions thorugh G- Classroom.pptx
Instructions for Submissions thorugh G- Classroom.pptxInstructions for Submissions thorugh G- Classroom.pptx
Instructions for Submissions thorugh G- Classroom.pptx
Jheel Barad
 
Polish students' mobility in the Czech Republic
Polish students' mobility in the Czech RepublicPolish students' mobility in the Czech Republic
Polish students' mobility in the Czech Republic
Anna Sz.
 
The geography of Taylor Swift - some ideas
The geography of Taylor Swift - some ideasThe geography of Taylor Swift - some ideas
The geography of Taylor Swift - some ideas
GeoBlogs
 
Palestine last event orientationfvgnh .pptx
Palestine last event orientationfvgnh .pptxPalestine last event orientationfvgnh .pptx
Palestine last event orientationfvgnh .pptx
RaedMohamed3
 
How to Create Map Views in the Odoo 17 ERP
How to Create Map Views in the Odoo 17 ERPHow to Create Map Views in the Odoo 17 ERP
How to Create Map Views in the Odoo 17 ERP
Celine George
 
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
siemaillard
 
The Roman Empire A Historical Colossus.pdf
The Roman Empire A Historical Colossus.pdfThe Roman Empire A Historical Colossus.pdf
The Roman Empire A Historical Colossus.pdf
kaushalkr1407
 
Synthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptxSynthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptx
Pavel ( NSTU)
 
Overview on Edible Vaccine: Pros & Cons with Mechanism
Overview on Edible Vaccine: Pros & Cons with MechanismOverview on Edible Vaccine: Pros & Cons with Mechanism
Overview on Edible Vaccine: Pros & Cons with Mechanism
DeeptiGupta154
 
Basic phrases for greeting and assisting costumers
Basic phrases for greeting and assisting costumersBasic phrases for greeting and assisting costumers
Basic phrases for greeting and assisting costumers
PedroFerreira53928
 
PART A. Introduction to Costumer Service
PART A. Introduction to Costumer ServicePART A. Introduction to Costumer Service
PART A. Introduction to Costumer Service
PedroFerreira53928
 
The Art Pastor's Guide to Sabbath | Steve Thomason
The Art Pastor's Guide to Sabbath | Steve ThomasonThe Art Pastor's Guide to Sabbath | Steve Thomason
The Art Pastor's Guide to Sabbath | Steve Thomason
Steve Thomason
 
Additional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdfAdditional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdf
joachimlavalley1
 

Recently uploaded (20)

Home assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdfHome assignment II on Spectroscopy 2024 Answers.pdf
Home assignment II on Spectroscopy 2024 Answers.pdf
 
Cambridge International AS A Level Biology Coursebook - EBook (MaryFosbery J...
Cambridge International AS  A Level Biology Coursebook - EBook (MaryFosbery J...Cambridge International AS  A Level Biology Coursebook - EBook (MaryFosbery J...
Cambridge International AS A Level Biology Coursebook - EBook (MaryFosbery J...
 
Fish and Chips - have they had their chips
Fish and Chips - have they had their chipsFish and Chips - have they had their chips
Fish and Chips - have they had their chips
 
MARUTI SUZUKI- A Successful Joint Venture in India.pptx
MARUTI SUZUKI- A Successful Joint Venture in India.pptxMARUTI SUZUKI- A Successful Joint Venture in India.pptx
MARUTI SUZUKI- A Successful Joint Venture in India.pptx
 
Model Attribute Check Company Auto Property
Model Attribute  Check Company Auto PropertyModel Attribute  Check Company Auto Property
Model Attribute Check Company Auto Property
 
Introduction to Quality Improvement Essentials
Introduction to Quality Improvement EssentialsIntroduction to Quality Improvement Essentials
Introduction to Quality Improvement Essentials
 
Sectors of the Indian Economy - Class 10 Study Notes pdf
Sectors of the Indian Economy - Class 10 Study Notes pdfSectors of the Indian Economy - Class 10 Study Notes pdf
Sectors of the Indian Economy - Class 10 Study Notes pdf
 
Instructions for Submissions thorugh G- Classroom.pptx
Instructions for Submissions thorugh G- Classroom.pptxInstructions for Submissions thorugh G- Classroom.pptx
Instructions for Submissions thorugh G- Classroom.pptx
 
Polish students' mobility in the Czech Republic
Polish students' mobility in the Czech RepublicPolish students' mobility in the Czech Republic
Polish students' mobility in the Czech Republic
 
The geography of Taylor Swift - some ideas
The geography of Taylor Swift - some ideasThe geography of Taylor Swift - some ideas
The geography of Taylor Swift - some ideas
 
Palestine last event orientationfvgnh .pptx
Palestine last event orientationfvgnh .pptxPalestine last event orientationfvgnh .pptx
Palestine last event orientationfvgnh .pptx
 
How to Create Map Views in the Odoo 17 ERP
How to Create Map Views in the Odoo 17 ERPHow to Create Map Views in the Odoo 17 ERP
How to Create Map Views in the Odoo 17 ERP
 
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
 
The Roman Empire A Historical Colossus.pdf
The Roman Empire A Historical Colossus.pdfThe Roman Empire A Historical Colossus.pdf
The Roman Empire A Historical Colossus.pdf
 
Synthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptxSynthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptx
 
Overview on Edible Vaccine: Pros & Cons with Mechanism
Overview on Edible Vaccine: Pros & Cons with MechanismOverview on Edible Vaccine: Pros & Cons with Mechanism
Overview on Edible Vaccine: Pros & Cons with Mechanism
 
Basic phrases for greeting and assisting costumers
Basic phrases for greeting and assisting costumersBasic phrases for greeting and assisting costumers
Basic phrases for greeting and assisting costumers
 
PART A. Introduction to Costumer Service
PART A. Introduction to Costumer ServicePART A. Introduction to Costumer Service
PART A. Introduction to Costumer Service
 
The Art Pastor's Guide to Sabbath | Steve Thomason
The Art Pastor's Guide to Sabbath | Steve ThomasonThe Art Pastor's Guide to Sabbath | Steve Thomason
The Art Pastor's Guide to Sabbath | Steve Thomason
 
Additional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdfAdditional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdf
 

Current scenario

  • 1. CURRENT SCENARIO OF ENTREPRENEURSHIP IN INDIA
  • 2. • Present Entrepreneurial Scenario : • There are ample opportunities in small businesses are there in India • such opportunities will transform India in the coming future. For such transformation to happen there needs to be supporting both at the governmental and societal level. • The scope of entrepreneurship development in our country is tremendous. • since there is widespread concern that the acceleration in GDP growth in the post reforms period. • Results of the 57th round of the National Sample Survey Organization (NSSO) show that unemployment figures in 2003-04 were as high as 8.9 million. • Incidentally, one million more Indian joined the rank of the unemployed between 2005-06 & 2007-08. The rising unemployment rate (9.2% 2008 est.) in India has resulted in growing frustration among the youth. • In addition there is always problem of underemployment. As a result, increasing the entrepreneurial activities in the country is the only solution left with govt. • The reports prepared by Planning Commission to generate employment opportunities for 10 crore people over the next ten years have strongly recommended self-employment as a way-out for teaming unemployed youth.
  • 3. • Supporting Organizations: • The Government has setup various organizations which specialize in industry promotion & entrepreneurship development in different sectors. The organizations provide policy framework support, in addition to training & financial aid. • Khadi & Village Industries Commission • COIR Board • Small Industries Development Bank of India • National Manufacturing Competitiveness Council • National Skill Development Corporation • State Level Initiatives: • Individual states across India have setup specially focused organizations which work towards the development & support of small scale industries. These organizations run specific promotional schemes in addition to providing financial support to industries. • List of State Financial Corporations (SFCs) • List of State Industrial Development Corporations (SIDCs)
  • 4. • Development Support Organizations: • Government of India has also set up various organizations that are at the forefront in providing support and training for the budding entrepreneurs. Few of them are: • Central Footwear Training Institute - Agra • Indo-German Tool Room - Ahmedabad • Indo-German Tool Room -Aurangabad • Central Institute of Tool Design - Hyderabad • Central Tool Room - Ludhiana • Indo-German Tool Room - Indore • Central Tool Room & Training Center - Bubhaneshwar • Circle Telecom Training Center - Kolkata • Indo-Danish Tool Room - Jamshedpur • Institute for Design of Electrical Measuring Instruments • Electronics Service & Training Center - Ramnagar • Fragrance & Flavour Development Center - Kannuaj
  • 5. • Industry Associations: • There are a variety of associations which help & encourage the cause of industry. These associations provide support & strength to the entrepreneurs & the organizations they setup. Additionally, industry association networks are crucial in steering government policy & action as well. • Complete list of Industry Associations • National Bank for Agriculture & Rural Development (NABARD) • Laghu Udyog Bharati (LUB) • Federation of Indian Chambers of Commerce and Industry (FICCI) • Confederation of Indian Industry (CII) • The Associated Chambers of Commerce and Industry of India (ASSOCHAM) • Federation of Indian Micro and Small & Medium Enterprises (FISME) • World Association for Small and Medium Enterprises (WASME) • India Trade Promotion Organisation (ITPO) • Technology Innovation Management and Entrepreneurship Information Service • Asian and Pacific Centre for Transfer of Technology (APCTT)
  • 6. CONCLUSIONS: • Entrepreneurship development is the key factor to fight against unemployment, poverty and to prepare ourselves for globalization in order to achieve overall Indian economic-progress.
  • 7.
  • 8. INTRODUCTION MSME Msme stands for micro, small and medium enterprises. It plays a important role for economic development of our country.  The major advantage of the sector is its employment potential at low capital cost. The labor intensity of the MSME sector is much higher than that of the large enterprises. it satisfies the demand of local customer.
  • 9. Brief idea about MSME • In India, the enterprises have been classified broadly into two categories 1.Manufacturing 2. services. • Both categories have been further classified into micro, small and medium enterprises based on their investment in plant and machinery or on equipment.
  • 10. CLASSIFICATION OF ENTERPRISES.. Category Manufacturing (Pl & Machinery) Service (Equipments) MICRO Upto 25 Lakhs Upto 10 Lakhs SMALL 25 Lakhs to 5 Cr 10 Lakhs to 2 Cr MEDIUM 5 Cr to 10 Cr 2 Cr to 5 Cr MACRO >10 Cr > 5Cr
  • 11. ClassificationClassification Investment ceiling for plant, MachineryInvestment ceiling for plant, Machinery or Equipmentsor Equipments ManufacturingManufacturing EnterprisesEnterprises ServiceService EnterprisesEnterprises MicroMicro Upto Rs. 25 lakhUpto Rs. 25 lakh Upto R. 10 lakhUpto R. 10 lakh SmallSmall Above Rs. 25 lakh &Above Rs. 25 lakh & upto Rs. 5 croreupto Rs. 5 crore Above Rs. 10Above Rs. 10 lakh & upto Rs. 2lakh & upto Rs. 2 crorecrore MediumMedium Above Rs. 5 Crore anAbove Rs. 5 Crore an upto Rs. 10 croreupto Rs. 10 crore Above Rs. 2Above Rs. 2 crore & upto Rs.crore & upto Rs. 5 crore5 crore
  • 12. DEPARTMENT OF SCIENCE & TECHNOLOGY -DST The National Science & Technology Entrepreneurship Development Board (NSTEDB), established in 1982 by the Government of India under the aegis of Department of Science & Technology, is an institutional mechanism to help promote knowledge driven and technology intensive enterprises. The Board, having representations from socio-economic and scientific Ministries/Departments, aims to convert "job- seekers" into "job-generators" through Science & Technology (S&T) interventions
  • 13. PROGRAMES OF DST Training programmes Entrepreneurship Awareness Camp (EAC) Entrepreneurship Development Programme (EDP) Faculty Development Programme (FDP) Technology Based EDP (TEDP) Institutional mechanisms for entrepreneurship development Innovation and Entrepreneurship Development Centre (IEDC) Science & Technology Entrepreneurship Development (STED) Project Science and Technology based Entrepreneurship Development (i-STED) Science & Technology Entrepreneurs Park (STEP) Technology Business Incubator (TBI)