Scribd Logo
Upload

Welcome to Scribd!

  • 7K views

    Rural Entrepreneurship

    Uploaded by

    chirag gavadiya
    This document discusses rural entrepreneurship in India. It notes that about 70% of India's population lives in rural areas, but rural incomes account for less than 1/4 of national income. Rural entrepreneurship can help add value to rural resources and engage local human resources. Some common types of rural enterprises discussed include food processing, handicrafts, and services like mobile phone repair. The document outlines various steps involved in starting a rural enterprise, such as project identification, market assessment, obtaining necessary licenses and permits, and accessing training programs and financing options. It also discusses important management functions for running a successful rural business.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd

    Rural Entrepreneurship

    Uploaded by

    chirag gavadiya
    7K views25 pages
    This document discusses rural entrepreneurship in India. It notes that about 70% of India's population lives in rural areas, but rural incomes account for less than 1/4 of national income. Rural entrepreneurship can help add value to rural resources and engage local human resources. Some common types of rural enterprises discussed include food processing, handicrafts, and services like mobile phone repair. The document outlines various steps involved in starting a rural enterprise, such as project identification, market assessment, obtaining necessary licenses and permits, and accessing training programs and financing options. It also discusses important management functions for running a successful rural business.

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PPT, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document discusses rural entrepreneurship in India. It notes that about 70% of India's population lives in rural areas, but rural incomes account for less than 1/4 of national income. Rural entrepreneurship can help add value to rural resources and engage local human resources. Some common types of rural enterprises discussed include food processing, handicrafts, and services like mobile phone repair. The document outlines various steps involved in starting a rural enterprise, such as project identification, market assessment, obtaining necessary licenses and permits, and accessing training programs and financing options. It also discusses important management functions for running a successful rural business.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    7K views25 pages

    Rural Entrepreneurship

    Uploaded by

    chirag gavadiya
    This document discusses rural entrepreneurship in India. It notes that about 70% of India's population lives in rural areas, but rural incomes account for less than 1/4 of national income. Rural entrepreneurship can help add value to rural resources and engage local human resources. Some common types of rural enterprises discussed include food processing, handicrafts, and services like mobile phone repair. The document outlines various steps involved in starting a rural enterprise, such as project identification, market assessment, obtaining necessary licenses and permits, and accessing training programs and financing options. It also discusses important management functions for running a successful rural business.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    of 25

    Prepared By-

    Prabhuprasad Bad 09
    Chirag Patel 38
    Vipul Patel 39
    Dilesh Tare 58
     “Entrepreneurs” are people who create and grow enterprises.
     “Entrepreneurship” is the process through
    which entrepreneurs create and grow
    enterprises.
    Definition:-
    Rural entrepreneurship is that
    entrepreneurship which ensures value
    addition to rural resources in rural areas
    engaging largely rural human resources.
     India is the most populous
    country in the world.

     About 70% of it’s population


    resides in Rural area

     About 2/3rds of India’s rural


    population engaged in
    agriculture, accounts for
    less than 1/4th of the National
    Income.
     Individual Entrepreneurship
     Group Entrepreneurship
     Cluster Formation
     Cooperatives
    • Food Processing
    • Dehydrated Fruits and Vegetables
    • Fruit Based Beverages
    • Mushrooms
    • Chikki Industry
    • Poultry Industry
    • Cottage and Handicrafts Industry
    • Oil Industry
    • Pottery
     Repair of Phone/Mobile Phone, Electronic
    and Electrical goods
     Rural Tourism
     Entertainment
     Modern Industries
     PROJECT IDENTIFICATION

     Choice of starting new business in –

     Manufacturing Unit
     Trading
     Service Enterprise
     Other Sectors
     INFORMATION ACCESSIBILITY

    ◦ Information on Business Ideas


    ◦ Ideas
    ◦ Capital Organization
    ◦ Support System
     MARKET ASSESSMENT

    ◦ Analysis of Market Demand


    ◦ The Competition
    ◦ Trading Practices
    ◦ Primary & Secondary Data
    ◦ Market Research
     FEASIBILITY REPORT

     REGISTRATION PROCEDURE

     LEGAL ASPECTS OF BUSINESS


    ◦ The Factories Act, 1948
    ◦ Industrial Disputes Act, 1947
    ◦ Social legislations
    ◦ Wage legislations
     Training for Entrepreneurship
    Development

    ◦ Entrepreneurship Development Programmes


    (EDPs)

    ◦ Entrepreneurial motivation

    ◦ Entrepreneurship Development Centers being run


    in each State, and national level institute
     Training and Development of Rural Entrepreneurs
     Training of rural Youth for Self Employment (TRYSEM)
     Launched by the Government of India in 1979 as a facilitating
    component of Integrated Rural Development Programme (IPDP).

    Prime Minister's Rozgar Yojana (PMRY)


    Launched on 2nd October 1993 to assist educated unemployed
    youth to set up self-employment ventures.

    Swaranjayanti Gram Swarozgar Yojana (SGSY)


    Launched by Government of India in 1999 with a focus on providing
    effective self employment through self help group approach and
    activity cluster approach for rural poor families below poverty line.
     Infrastructure plays a significant role in providing and
    enabling encouraging atmosphere for the growth and
    spread of rural enterprises and small industries.

     Basic infrastructure includes –


    ◦ Railways
    ◦ Roads
    ◦ Power
    ◦ Telecommunication services.
    ◦ Scheme of Fund for Regeneration of Traditional
    Industries (SFURTI)
     PRIMARY MANAGEMENT FUNCTIONS

    ◦ Planning
    ◦ Operational Planning
    ◦ Decision-making
    ◦ Product Choice
    ◦ Technology Choice
    ◦ Organizing Production/Services
    ◦ Staffing
     PRODUCTION MANAGEMENT FUNCTIONS

    ◦ Production Management
     Production management is the process of arranging and
    allocating work, men, money, and material resources in
    such a structured manner to achieve the twin goals of an
    enterprise - reducing costs and increasing profits.

     Working Capital
    Operating Cycle
     PRODUCTION MANAGEMENT
    FUNCTIONS

     Marketing Management
     Marketing involves assessment of the needs of
    customers, a good pricing policy, promotional and
    advertising approach and distribution system, and
    finally good profit.
     FINANCIAL MANAGEMENT FUNCTIONS

    ◦ Costing
    ◦ Pricing
    ◦ Breakeven Analysis
    ◦ Cash and Fund flows Management
    ◦ Account & Book-keeping
     Credit and lending agencies operating in
    rural areas –
     Institutional Agencies - Operate in regulated the
    environment and observe fixed norms and guidelines
    enumerated by the government.
     Banking Institutions
    Development Banks
    Non-banking financial companies

    Non-Institutional Agencies – Operate in non-


    formal manner.
     Fund Based Facilities
    ◦ Cash Credit/Working Capital Loan
    ◦ Bridge Finance (short term finance)
    ◦ Term Loan (for appearing Fixed Assets)

     Non-fund Based Facilities


    Banks issue Letter of Credit or Letter of
    Guarantee
     SUSTENANCE MANAGEMENT FUNCTIONS

    ◦ Co-ordination
    ◦ Controlling
    ◦ Delegating
    ◦ Supervising
     Lack in strategic planning
     Conflicts in Partnership Venture
     Practice of organizing resources for

    production/services is taken on granted


     Do not prepare long-term plans
     Do not learn from mistakes
     Delayed cash flows

    You might also like