SlideShare a Scribd company logo
1 of 20
Entrepreneurship Development
Programme in India(EDP)

Presented By:
Shahbaz Abdullah
MBA 3rd Sem.
12MBAK-02
Training and Entrepreneurship
Development Programme in India
IMPORTANCE OF TRAINING
METHODS OF TRAINING
EDP- NEED AND IMPORTANCE
PHASES OF EDP
SELECTION OF ENTREPRENEURS FOR EDP
TRAINING PROGRAMME – COURSE CONTENTS
PRE REQUISITES OF EDP
ORGANISATIONS PROVIDING EDP
Importance of Training
 Ensures availability of skilled manpower at all management levels
 Enhancing abilities, potential among entrepreneurs
 Increase efficiency
 Maintain and enhance product quality

 Minimise wastages in production process
 Minimise accidents on the job
 Reduce fatigue and increase speed of work
 Standardisation in industry and internal processes
Methods of Training
 Individual instruction

 Group instruction
 Lecture method
 Demonstration method
 Written instruction method
 Conference
 Meetings
EDP
 Designed with an aim of encouraging self employment

 Imparts training and motivates potential and existing

entrepreneurs to start new business or diversify and expand
the existing one

 Helps employment and wealth creation among educated

unemployed youth

 Well equipped to face risks and challenges as an entrepreneur
 Government needs considerable human and material

resource, importance to detailed planning & implementation
Phases of EDP
 Select area from existing government policy

guidelines/socio-economic reports

 Techno-economic survey of the selected area; feasibility

study

 Identify potential and existing entrepreneurs interested

in starting new business/expansion/diversification

 Training
 Follow up and consultancy services
EDP Cycle
Stimulatory Role











1. Registration of unit
2. Arranging finance
3. Prov iding land, shed, power, water etc.
4. Guidance for selecting and obtaining machinery
5. Supply of scarce raw materials.
6. Getting licences / import licences
7. Providing common facilities
8. Granting tax relief or other subsidy
9. Offering management consultancy
10. Help marketing product
Support Role
1. Entrepreneurial education.
2. Planned publicity for entrepreneurial opportun ities.
3. Identification of potential entrepreneurs through scientific methods.
4. Motivational training to new entrepreneurs.
5. Help and guide in selecting products and preparing project reports.
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
counselling and
 promotions.
 9. Organising entrepreneurial forum.








Sustaining Role
 1. Help modernization
 2. Help diversification/expansion / substitute production.
 3. Additional financing for full capacity utilization
 4. Deferring repayment/interest.
 5. Diagnostic industrial extension/consultancy source.
 6. Production units/ legislation/policy change
 7. Product reservation / creating new avenues for marketing
 8. Quality testing and improving services
 9. Need - based common facilities centre
Selection of entrepreneurs for EDP
 The programme is well publicised and promoted to attract

maximum applications for screening

 Selection of top 25 to 30 applicants only
 Applications screened for:


Demographics and socio cultural data – age, education, work
exp, financial resources, type of business etc



Motivation factors – pull factors, source of
encouragement, credibility, endurance, concreteness of plans



Psychological test results- traits like risk taking, need for achievement
Training – Course contents
 Introduction to entrepreneurship

 Motivation training
 Essentials of management

 Fundamentals of project feasibility study
 Organising the business

 Plant visit
Pre requisites of EDP
 Selection of entrepreneurs
 Inputs for EDP
 Support system
 Follow up
Organizations providing EDP
Entrepreneurship Development Institute of India
(EDII)
 Develops programmes for entrepreneurial training and

development

 Develops innovative training techniques for trainers
 Focused attention on women entrepreneurs with first such

EDP in 1988

 EDP for rural entrepreneurship development in U.P and

Orissa

 Famous for organising camps on entrepreneurship
 Condusted EDP in Sri Lanka, Nepal, Ghana, Kenya etc
National Institute for entrepreneurship and
Small Business Development (NIESBUD)
 Established by Government of India in 1983

 An apex body for coordination and supervision on activities of

various institutes engaged in entrepreneurial development

 Helps evolution of EDP, model syllabi, effective training

strategies, methodology, manuals and tools

 Activities undertaken:





Organise and conduct training programmes
Coordinate training activities of various agencies/institutes
Provide affiliation to such institutes
Hold examinations and confer certificates to trainers and trainees
Small Industries Service Institutes (SISI)
 Three months part time evening courses in management

 4-6 weeks part time courses in intensive training in functional

areas (marketing, finance)

 Special courses in quality control, HR, production

planning, product development etc

 Mobile workshops imparting training on correct usage of tools

and equipment

 Helps with preparation of plant layouts
 Helps individual firms on specific problems faced
Micro,Small &Medium Enterprises Development
Commission (MSME DC)
 Runs EDP in collaboration with financial

institutes, directorate of industries
 Gives on the job training on shop floor

(carpentry, electrical devices)
 Sends its officials/trainers to organisations to update

their knowledge
National Small Industries Corporation (NSIC)
 Provides apprenticeship for 2 years
 Training supervisory staff of SSI up to 2 years

 Training to engineers up to 2 years
 Training workmen for 12 months
 Training to set up own venture
 Advice on machinery and components
 Production of technologically advanced machines
National Alliance of Young Entrepreneurs
(NAYE)
 Contribution in encouraging women entrepreneurship
 Set up women’s wing in 1975
 This wing assists women in:


Getting better access to resources, infrastructure, markets



Identify investment opportunities



Attending to problems of individual industries



Sponsor participation in trade fairs, exhibitions, conferences



Organise seminars, training programmes, workshops
Thank You….

More Related Content

What's hot

Msme policy in india
Msme policy in indiaMsme policy in india
Msme policy in indiaSimran Kaur
 
Foreign investments &; foreign collaborations
Foreign investments &; foreign collaborationsForeign investments &; foreign collaborations
Foreign investments &; foreign collaborationsAKSHAYA0000
 
Sickness in small scale industries
Sickness in small scale industries Sickness in small scale industries
Sickness in small scale industries Lakshmi Mohan
 
Role of government in promoting entrepreneurship
Role of government in promoting entrepreneurshipRole of government in promoting entrepreneurship
Role of government in promoting entrepreneurshipSimran Kaur
 
Roles of small scale industries in india
Roles of small scale industries in india Roles of small scale industries in india
Roles of small scale industries in india zafrid hussain
 
Entrepreneurship development - schemes of governament
Entrepreneurship development - schemes of governamentEntrepreneurship development - schemes of governament
Entrepreneurship development - schemes of governamentmounika ramachandruni
 
Financial scheme offered to Entrepreneurs
Financial scheme offered  to EntrepreneursFinancial scheme offered  to Entrepreneurs
Financial scheme offered to EntrepreneursSikander .
 
Reforms in capital market
Reforms in capital marketReforms in capital market
Reforms in capital marketdhanyakp
 
CONFLICT IN FAMILY BUSINESS AND ITS RESOLUTION PPT FOR B.COM ENTREPRENEURSHIP
 CONFLICT IN FAMILY BUSINESS AND ITS RESOLUTION PPT FOR B.COM ENTREPRENEURSHIP CONFLICT IN FAMILY BUSINESS AND ITS RESOLUTION PPT FOR B.COM ENTREPRENEURSHIP
CONFLICT IN FAMILY BUSINESS AND ITS RESOLUTION PPT FOR B.COM ENTREPRENEURSHIPDr. Toran Lal Verma
 
RISK ANALYSIS IN CAPITAL BUDGETING
RISK ANALYSIS IN CAPITAL BUDGETINGRISK ANALYSIS IN CAPITAL BUDGETING
RISK ANALYSIS IN CAPITAL BUDGETINGPANKAJ PANDEY
 
TAX PLANNING WITH REFERENCE TO FINANCIAL MANAGEMENT
TAX PLANNING WITH REFERENCE TO FINANCIAL MANAGEMENTTAX PLANNING WITH REFERENCE TO FINANCIAL MANAGEMENT
TAX PLANNING WITH REFERENCE TO FINANCIAL MANAGEMENTArup Bordoloi
 
Technology policy of India
Technology policy of IndiaTechnology policy of India
Technology policy of Indiaswasti123
 
Reforms in indian money n capital market
Reforms in indian money n capital marketReforms in indian money n capital market
Reforms in indian money n capital marketAmrit Mty
 
Presentation on government policies for small
Presentation on government policies for smallPresentation on government policies for small
Presentation on government policies for smallShalu Bijani
 
Role of public and private sector
Role of public and private sectorRole of public and private sector
Role of public and private sectorzafrid hussain
 

What's hot (20)

Msme policy in india
Msme policy in indiaMsme policy in india
Msme policy in india
 
Foreign investments &; foreign collaborations
Foreign investments &; foreign collaborationsForeign investments &; foreign collaborations
Foreign investments &; foreign collaborations
 
Role and purpose of FDI
Role and purpose of FDIRole and purpose of FDI
Role and purpose of FDI
 
Economic reforms in india
Economic reforms in indiaEconomic reforms in india
Economic reforms in india
 
Sickness in small scale industries
Sickness in small scale industries Sickness in small scale industries
Sickness in small scale industries
 
Role of government in promoting entrepreneurship
Role of government in promoting entrepreneurshipRole of government in promoting entrepreneurship
Role of government in promoting entrepreneurship
 
Roles of small scale industries in india
Roles of small scale industries in india Roles of small scale industries in india
Roles of small scale industries in india
 
Entrepreneurship development - schemes of governament
Entrepreneurship development - schemes of governamentEntrepreneurship development - schemes of governament
Entrepreneurship development - schemes of governament
 
Financial scheme offered to Entrepreneurs
Financial scheme offered  to EntrepreneursFinancial scheme offered  to Entrepreneurs
Financial scheme offered to Entrepreneurs
 
Reforms in capital market
Reforms in capital marketReforms in capital market
Reforms in capital market
 
CONFLICT IN FAMILY BUSINESS AND ITS RESOLUTION PPT FOR B.COM ENTREPRENEURSHIP
 CONFLICT IN FAMILY BUSINESS AND ITS RESOLUTION PPT FOR B.COM ENTREPRENEURSHIP CONFLICT IN FAMILY BUSINESS AND ITS RESOLUTION PPT FOR B.COM ENTREPRENEURSHIP
CONFLICT IN FAMILY BUSINESS AND ITS RESOLUTION PPT FOR B.COM ENTREPRENEURSHIP
 
RISK ANALYSIS IN CAPITAL BUDGETING
RISK ANALYSIS IN CAPITAL BUDGETINGRISK ANALYSIS IN CAPITAL BUDGETING
RISK ANALYSIS IN CAPITAL BUDGETING
 
Capital budgeting Techniques
Capital budgeting TechniquesCapital budgeting Techniques
Capital budgeting Techniques
 
TAX PLANNING WITH REFERENCE TO FINANCIAL MANAGEMENT
TAX PLANNING WITH REFERENCE TO FINANCIAL MANAGEMENTTAX PLANNING WITH REFERENCE TO FINANCIAL MANAGEMENT
TAX PLANNING WITH REFERENCE TO FINANCIAL MANAGEMENT
 
Technology policy of India
Technology policy of IndiaTechnology policy of India
Technology policy of India
 
Sebi guidelines
Sebi guidelinesSebi guidelines
Sebi guidelines
 
Reforms in indian money n capital market
Reforms in indian money n capital marketReforms in indian money n capital market
Reforms in indian money n capital market
 
Presentation on government policies for small
Presentation on government policies for smallPresentation on government policies for small
Presentation on government policies for small
 
leverages
leveragesleverages
leverages
 
Role of public and private sector
Role of public and private sectorRole of public and private sector
Role of public and private sector
 

Viewers also liked

Entrepreneurship development programmes
Entrepreneurship development programmesEntrepreneurship development programmes
Entrepreneurship development programmesDaksh Goyal
 
10 Characteristics of Successful Entrepreneurs
10 Characteristics of Successful Entrepreneurs10 Characteristics of Successful Entrepreneurs
10 Characteristics of Successful EntrepreneursShannon Demuth
 
Traits of an entrepreneur
Traits of an entrepreneurTraits of an entrepreneur
Traits of an entrepreneurahmed Khan
 
Entrepreneurship development programme notes
Entrepreneurship development programme notes Entrepreneurship development programme notes
Entrepreneurship development programme notes Sonam kapil
 
Project on Women entrepreurnship
Project on Women entrepreurnshipProject on Women entrepreurnship
Project on Women entrepreurnshipshravanikarnatakam
 
TYPES OF ENTREPRENEURES
TYPES OF ENTREPRENEURESTYPES OF ENTREPRENEURES
TYPES OF ENTREPRENEURESgreeshmamohanp
 
Women entrepreneurship
Women entrepreneurshipWomen entrepreneurship
Women entrepreneurshipSudhansu Sethi
 
Woman entrepreneurship in india
Woman entrepreneurship in indiaWoman entrepreneurship in india
Woman entrepreneurship in indiaadityaarorawings
 
Women entrepreneurs
Women entrepreneursWomen entrepreneurs
Women entrepreneursAmit7613
 

Viewers also liked (10)

Entrepreneurship development programmes
Entrepreneurship development programmesEntrepreneurship development programmes
Entrepreneurship development programmes
 
Entrepreneurship Qualities
Entrepreneurship QualitiesEntrepreneurship Qualities
Entrepreneurship Qualities
 
10 Characteristics of Successful Entrepreneurs
10 Characteristics of Successful Entrepreneurs10 Characteristics of Successful Entrepreneurs
10 Characteristics of Successful Entrepreneurs
 
Traits of an entrepreneur
Traits of an entrepreneurTraits of an entrepreneur
Traits of an entrepreneur
 
Entrepreneurship development programme notes
Entrepreneurship development programme notes Entrepreneurship development programme notes
Entrepreneurship development programme notes
 
Project on Women entrepreurnship
Project on Women entrepreurnshipProject on Women entrepreurnship
Project on Women entrepreurnship
 
TYPES OF ENTREPRENEURES
TYPES OF ENTREPRENEURESTYPES OF ENTREPRENEURES
TYPES OF ENTREPRENEURES
 
Women entrepreneurship
Women entrepreneurshipWomen entrepreneurship
Women entrepreneurship
 
Woman entrepreneurship in india
Woman entrepreneurship in indiaWoman entrepreneurship in india
Woman entrepreneurship in india
 
Women entrepreneurs
Women entrepreneursWomen entrepreneurs
Women entrepreneurs
 

Similar to EDP in india

module2-entrepreneurshipdevelopmentinindia-170724154455.pdf
module2-entrepreneurshipdevelopmentinindia-170724154455.pdfmodule2-entrepreneurshipdevelopmentinindia-170724154455.pdf
module2-entrepreneurshipdevelopmentinindia-170724154455.pdfssuser295ef8
 
Entrepreneurship development in india
Entrepreneurship development in indiaEntrepreneurship development in india
Entrepreneurship development in indiashrinivas kulkarni
 
Trainingandentrepreneurshipdevelopmentprogrammeinindia 110223223513-phpapp01
Trainingandentrepreneurshipdevelopmentprogrammeinindia 110223223513-phpapp01Trainingandentrepreneurshipdevelopmentprogrammeinindia 110223223513-phpapp01
Trainingandentrepreneurshipdevelopmentprogrammeinindia 110223223513-phpapp01Vipin Kumar
 
Entrepreneurship_Development_Center_Model_Tech_Schools
Entrepreneurship_Development_Center_Model_Tech_SchoolsEntrepreneurship_Development_Center_Model_Tech_Schools
Entrepreneurship_Development_Center_Model_Tech_SchoolsKamran Niazi
 
Resume_Supriya 2016
Resume_Supriya 2016Resume_Supriya 2016
Resume_Supriya 2016supriyaarai
 
SSRN-id3847648
SSRN-id3847648 SSRN-id3847648
SSRN-id3847648 ponlathas
 
Entrepreneurship_Development_Center_Model_Biz_Schools
Entrepreneurship_Development_Center_Model_Biz_SchoolsEntrepreneurship_Development_Center_Model_Biz_Schools
Entrepreneurship_Development_Center_Model_Biz_SchoolsKamran Niazi
 
Training, process flow chart sop's
Training, process flow chart  sop'sTraining, process flow chart  sop's
Training, process flow chart sop'sVipul Saxena
 
Introduction to Productivity SA presentation with GAD
Introduction to Productivity SA presentation with GADIntroduction to Productivity SA presentation with GAD
Introduction to Productivity SA presentation with GADPrecious Mvulane CA (SA),RA
 
The Importance of Training Courses Provided by the Department of Human Resour...
The Importance of Training Courses Provided by the Department of Human Resour...The Importance of Training Courses Provided by the Department of Human Resour...
The Importance of Training Courses Provided by the Department of Human Resour...inventionjournals
 
Graeme Bly resume
Graeme Bly resumeGraeme Bly resume
Graeme Bly resumeGraeme Bly
 
Developing People
Developing PeopleDeveloping People
Developing Peopleveekaybatra
 
J.Raath CV - Sasol
J.Raath CV - SasolJ.Raath CV - Sasol
J.Raath CV - SasolJack Raath
 
Budgeting forecasting and cost control management techniques september, lagos
Budgeting forecasting and cost control management techniques september, lagosBudgeting forecasting and cost control management techniques september, lagos
Budgeting forecasting and cost control management techniques september, lagosPetro Nomics
 
Learning and development at ILRI
Learning and development at ILRILearning and development at ILRI
Learning and development at ILRIILRI
 

Similar to EDP in india (20)

Edpinindia
EdpinindiaEdpinindia
Edpinindia
 
Edp in india
Edp in india Edp in india
Edp in india
 
module2-entrepreneurshipdevelopmentinindia-170724154455.pdf
module2-entrepreneurshipdevelopmentinindia-170724154455.pdfmodule2-entrepreneurshipdevelopmentinindia-170724154455.pdf
module2-entrepreneurshipdevelopmentinindia-170724154455.pdf
 
Entrepreneurship development in india
Entrepreneurship development in indiaEntrepreneurship development in india
Entrepreneurship development in india
 
Trainingandentrepreneurshipdevelopmentprogrammeinindia 110223223513-phpapp01
Trainingandentrepreneurshipdevelopmentprogrammeinindia 110223223513-phpapp01Trainingandentrepreneurshipdevelopmentprogrammeinindia 110223223513-phpapp01
Trainingandentrepreneurshipdevelopmentprogrammeinindia 110223223513-phpapp01
 
Training Issues in SMEs
Training Issues in SMEsTraining Issues in SMEs
Training Issues in SMEs
 
Entrepreneurship_Development_Center_Model_Tech_Schools
Entrepreneurship_Development_Center_Model_Tech_SchoolsEntrepreneurship_Development_Center_Model_Tech_Schools
Entrepreneurship_Development_Center_Model_Tech_Schools
 
Resume_Supriya 2016
Resume_Supriya 2016Resume_Supriya 2016
Resume_Supriya 2016
 
SSRN-id3847648
SSRN-id3847648 SSRN-id3847648
SSRN-id3847648
 
Entrepreneurship_Development_Center_Model_Biz_Schools
Entrepreneurship_Development_Center_Model_Biz_SchoolsEntrepreneurship_Development_Center_Model_Biz_Schools
Entrepreneurship_Development_Center_Model_Biz_Schools
 
Training, process flow chart sop's
Training, process flow chart  sop'sTraining, process flow chart  sop's
Training, process flow chart sop's
 
Edp
EdpEdp
Edp
 
Introduction to Productivity SA presentation with GAD
Introduction to Productivity SA presentation with GADIntroduction to Productivity SA presentation with GAD
Introduction to Productivity SA presentation with GAD
 
The Importance of Training Courses Provided by the Department of Human Resour...
The Importance of Training Courses Provided by the Department of Human Resour...The Importance of Training Courses Provided by the Department of Human Resour...
The Importance of Training Courses Provided by the Department of Human Resour...
 
Graeme Bly resume
Graeme Bly resumeGraeme Bly resume
Graeme Bly resume
 
Developing People
Developing PeopleDeveloping People
Developing People
 
J.Raath CV - Sasol
J.Raath CV - SasolJ.Raath CV - Sasol
J.Raath CV - Sasol
 
Budgeting forecasting and cost control management techniques september, lagos
Budgeting forecasting and cost control management techniques september, lagosBudgeting forecasting and cost control management techniques september, lagos
Budgeting forecasting and cost control management techniques september, lagos
 
Pakistan cable
Pakistan cablePakistan cable
Pakistan cable
 
Learning and development at ILRI
Learning and development at ILRILearning and development at ILRI
Learning and development at ILRI
 

Recently uploaded

Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfrichard876048
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03DallasHaselhorst
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menzaictsugar
 
International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...ssuserf63bd7
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationAnamaria Contreras
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckHajeJanKamps
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africaictsugar
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
IoT Insurance Observatory: summary 2024
IoT Insurance Observatory:  summary 2024IoT Insurance Observatory:  summary 2024
IoT Insurance Observatory: summary 2024Matteo Carbone
 
Kenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith PereraKenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith Pereraictsugar
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMVoces Mineras
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCRashishs7044
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607dollysharma2066
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCRashishs7044
 
8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCR8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCRashishs7044
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCRashishs7044
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis UsageNeil Kimberley
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessSeta Wicaksana
 
Ms Motilal Padampat Sugar Mills vs. State of Uttar Pradesh & Ors. - A Milesto...
Ms Motilal Padampat Sugar Mills vs. State of Uttar Pradesh & Ors. - A Milesto...Ms Motilal Padampat Sugar Mills vs. State of Uttar Pradesh & Ors. - A Milesto...
Ms Motilal Padampat Sugar Mills vs. State of Uttar Pradesh & Ors. - A Milesto...ShrutiBose4
 

Recently uploaded (20)

Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdf
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
 
International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement Presentation
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africa
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
IoT Insurance Observatory: summary 2024
IoT Insurance Observatory:  summary 2024IoT Insurance Observatory:  summary 2024
IoT Insurance Observatory: summary 2024
 
Kenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith PereraKenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith Perera
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQM
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
 
8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCR8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCR
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful Business
 
Call Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North GoaCall Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North Goa
 
Ms Motilal Padampat Sugar Mills vs. State of Uttar Pradesh & Ors. - A Milesto...
Ms Motilal Padampat Sugar Mills vs. State of Uttar Pradesh & Ors. - A Milesto...Ms Motilal Padampat Sugar Mills vs. State of Uttar Pradesh & Ors. - A Milesto...
Ms Motilal Padampat Sugar Mills vs. State of Uttar Pradesh & Ors. - A Milesto...
 

EDP in india

  • 1. Entrepreneurship Development Programme in India(EDP) Presented By: Shahbaz Abdullah MBA 3rd Sem. 12MBAK-02
  • 2. Training and Entrepreneurship Development Programme in India IMPORTANCE OF TRAINING METHODS OF TRAINING EDP- NEED AND IMPORTANCE PHASES OF EDP SELECTION OF ENTREPRENEURS FOR EDP TRAINING PROGRAMME – COURSE CONTENTS PRE REQUISITES OF EDP ORGANISATIONS PROVIDING EDP
  • 3. Importance of Training  Ensures availability of skilled manpower at all management levels  Enhancing abilities, potential among entrepreneurs  Increase efficiency  Maintain and enhance product quality  Minimise wastages in production process  Minimise accidents on the job  Reduce fatigue and increase speed of work  Standardisation in industry and internal processes
  • 4. Methods of Training  Individual instruction  Group instruction  Lecture method  Demonstration method  Written instruction method  Conference  Meetings
  • 5. EDP  Designed with an aim of encouraging self employment  Imparts training and motivates potential and existing entrepreneurs to start new business or diversify and expand the existing one  Helps employment and wealth creation among educated unemployed youth  Well equipped to face risks and challenges as an entrepreneur  Government needs considerable human and material resource, importance to detailed planning & implementation
  • 6. Phases of EDP  Select area from existing government policy guidelines/socio-economic reports  Techno-economic survey of the selected area; feasibility study  Identify potential and existing entrepreneurs interested in starting new business/expansion/diversification  Training  Follow up and consultancy services
  • 7. EDP Cycle Stimulatory Role           1. Registration of unit 2. Arranging finance 3. Prov iding land, shed, power, water etc. 4. Guidance for selecting and obtaining machinery 5. Supply of scarce raw materials. 6. Getting licences / import licences 7. Providing common facilities 8. Granting tax relief or other subsidy 9. Offering management consultancy 10. Help marketing product
  • 8. Support Role 1. Entrepreneurial education. 2. Planned publicity for entrepreneurial opportun ities. 3. Identification of potential entrepreneurs through scientific methods. 4. Motivational training to new entrepreneurs. 5. Help and guide in selecting products and preparing project reports. 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 counselling and  promotions.  9. Organising entrepreneurial forum.        
  • 9. Sustaining Role  1. Help modernization  2. Help diversification/expansion / substitute production.  3. Additional financing for full capacity utilization  4. Deferring repayment/interest.  5. Diagnostic industrial extension/consultancy source.  6. Production units/ legislation/policy change  7. Product reservation / creating new avenues for marketing  8. Quality testing and improving services  9. Need - based common facilities centre
  • 10. Selection of entrepreneurs for EDP  The programme is well publicised and promoted to attract maximum applications for screening  Selection of top 25 to 30 applicants only  Applications screened for:  Demographics and socio cultural data – age, education, work exp, financial resources, type of business etc  Motivation factors – pull factors, source of encouragement, credibility, endurance, concreteness of plans  Psychological test results- traits like risk taking, need for achievement
  • 11. Training – Course contents  Introduction to entrepreneurship  Motivation training  Essentials of management  Fundamentals of project feasibility study  Organising the business  Plant visit
  • 12. Pre requisites of EDP  Selection of entrepreneurs  Inputs for EDP  Support system  Follow up
  • 14. Entrepreneurship Development Institute of India (EDII)  Develops programmes for entrepreneurial training and development  Develops innovative training techniques for trainers  Focused attention on women entrepreneurs with first such EDP in 1988  EDP for rural entrepreneurship development in U.P and Orissa  Famous for organising camps on entrepreneurship  Condusted EDP in Sri Lanka, Nepal, Ghana, Kenya etc
  • 15. National Institute for entrepreneurship and Small Business Development (NIESBUD)  Established by Government of India in 1983  An apex body for coordination and supervision on activities of various institutes engaged in entrepreneurial development  Helps evolution of EDP, model syllabi, effective training strategies, methodology, manuals and tools  Activities undertaken:     Organise and conduct training programmes Coordinate training activities of various agencies/institutes Provide affiliation to such institutes Hold examinations and confer certificates to trainers and trainees
  • 16. Small Industries Service Institutes (SISI)  Three months part time evening courses in management  4-6 weeks part time courses in intensive training in functional areas (marketing, finance)  Special courses in quality control, HR, production planning, product development etc  Mobile workshops imparting training on correct usage of tools and equipment  Helps with preparation of plant layouts  Helps individual firms on specific problems faced
  • 17. Micro,Small &Medium Enterprises Development Commission (MSME DC)  Runs EDP in collaboration with financial institutes, directorate of industries  Gives on the job training on shop floor (carpentry, electrical devices)  Sends its officials/trainers to organisations to update their knowledge
  • 18. National Small Industries Corporation (NSIC)  Provides apprenticeship for 2 years  Training supervisory staff of SSI up to 2 years  Training to engineers up to 2 years  Training workmen for 12 months  Training to set up own venture  Advice on machinery and components  Production of technologically advanced machines
  • 19. National Alliance of Young Entrepreneurs (NAYE)  Contribution in encouraging women entrepreneurship  Set up women’s wing in 1975  This wing assists women in:  Getting better access to resources, infrastructure, markets  Identify investment opportunities  Attending to problems of individual industries  Sponsor participation in trade fairs, exhibitions, conferences  Organise seminars, training programmes, workshops