Question 2 :-

Discuss the major problems faced by EDPs in our country. Also give your suggestion to make more effective in the country. How will you evaluate the effectiveness or success of EDPs?

Answer 2 :-

Entrepreneurial Development Programme means programmeshowed to help a person in reinforcement his entrepreneurial intention and in attaining skill and capabilities essential for encouraging and successively an enterprise professionally.

A programme, which is conducted with a reason to indorse possible entrepreneurs, understanding of objects, motivational design, their impact on comportment and entrepreneurial assessment, is called as EDP.

There are a total of programs which give info to the future entrepreneurs about new professional plan, in what way to established up a new project report, in what way to organize a ventured, and sources of finance. These programmers should not be disordered with Entrepreneurial Development Programme; these are all a part of Entrepreneurial Development Programme. Entrepreneurial Development Programme is primarily concerned with rising, inspiring entrepreneurial aptitude and sympathetic the impact of incentive on behavior.

A well planned Entrepreneurial Development Programme imagines three approach:1. Developing achievement motivation and sharpening entrepreneurial traits and behavior.2. Direction on industrial chances, incentives, facilities, rules, and regulations.3. Developing managerial and operational capabilities.

Importance :-Entrepreneurs are measured as managers of economic growth. They make wealth, create employment, offer new goods and services and nurture the standard of living. Entrepreneurial Development Programme is actual way to grow entrepreneurs which can assistance in quickening the step of socio-economic growth, balanced local growth, and misapplication of locally available resources. It cans also generate profitable self-employment. An Entrepreneurial Development Programme organizes entrepreneurs and creates them fit to beat somebody to it and deal with some of difficulties that any entrepreneur may have to look. It gives self-reliance to the entrepreneur to face worries and take profitable risks. It formulates them to justify and make good use of various forms of assistance. Entrepreneurial Development Programme can be beneficial in the following ways:

- Economic Growth:Entrepreneurial Development Programme is a tool of industrialization and path to economic growth through entrepreneurship.- Balanced Regional Development:Entrepreneurial Development Programme helps in distribution of economic activities in different regions by providing training and other support to local people.

- Eliminates Poverty and Unemployment :Entrepreneurial Development Programme deliver occasions for self-employment and entrepreneurial vocations.

- Optimum use of Local Resources :The ideal use of natural, financial and human resources can be made in a country by training and educating the entrepreneurs.

- Successful Launching of New Unit :Entrepreneurial Development Programme grows inspiration, competence and skills necessary for successful launching, management and growth of the enterprise.

- Empowers New Generation Entrepreneurs : Entrepreneurial Development Programme, by inculcating entrepreneurial capabilities and skill in the trainees, create new generation entrepreneur who hitherto was not an entrepreneur

Once the collection process for entrepreneur is over, the particular persons have to furnish with decision-making and mechanical skills to start their enterprises. In such entrepreneurship development programmes, there are participants with a variety of back grounds and qualities. Therefore, a package of training inputs is provided during the programme that is usually of six weeks duration. It consists of the following five inputs.

- General Introduction to Entrepreneurship:The participants are visible to a general knowledge of entrepreneurship such as reasons affecting small-scale industries, the role of entrepreneurs in economic development, entrepreneurial behavior and the services existing for starting small-scale enterprises.

- Achievement Motivation Training (AMT):The resolve of Achievement Motivation Training is to develop the defiance towards risk-taking, inventiveness and other such behavioral or psychological traits. An inspiration development programmed creates self-awareness and self-confidence among the members and enables them to think unquestionably and believably. Without success inspiration training, an entrepreneurship development programme converts an ordinary executive development programme. Motivation training workers to effort for excellence, to yield calculated risk, to use feedback for progress, sense of efficiency etc.

- Support System and Procedures:The participants have to be unprotected to helps like the local banks and other financial institutions, industrial service corporations and other institutions trade with supply of raw-materials, equipment etc. The programme on support system requirements to include the events for approaching them, smearing and obtaining support from them and availing of the services provided by them. A linkage between the training institute and support system agencies can be recognized by sharing of these schedules in sponsoring and financing entrepreneurship development programmes.

- Market Survey and Plant Visit:In order to familiarize the participants with real life situations in small business, plant visits are also decided. Such visits help the participants to know more about an entrepreneurs behavior, personality, thoughts and aspirations.Moreover, the partakers should be agreed opportunity to conduct market surveys for their respective projects. This would help to expose the supplier to the market avenues available and could be followed by sessions on methods of dealing in the markets.

- Managerial Skill:Since a small entrepreneur cannot employ management experts to manage his enterprise, he needs to be imparted basic and essential managerial skills in the functional areas like finance, production and marketing knowledge of managerial skills enables an entrepreneur to run his enterprise smoothly and successfully.

.

The major details for poor presentation in the growth of entrepreneurship in this area are-

- Absence of business ritual.

- Nonexistence of information about many chances.

- Non-existence of precise inducement and care.

- Entrepreneurs often observed as taking low status or value in the people.

- Entrepreneurs through and great have no enterprise to spend and to yield risk.

- Absence of passable financial, marketing support etc.

- There are substantial potentialities for evolving entrepreneurship in the area. We must the needed resources, times and aptitudes. But, we need correct guidance, inspiration, benefit and co-operation mainly from the troubled departments, organizations and institutions.

Problems in the Conduct of entrepreneurship development programmes :-

1. No policy at the National Level:

Government of India was fully awaked about the significance of entrepreneurial development. But there is no restricted of a state policy on entrepreneurship.

2. Problems at the pre-training phase:

Classification of company opportunity, decision and locate objective group, choice of trainee and trainers etc. were basic problems face by entrepreneurial pre-training phase.

3. Over-estimation of trainees:

Entrepreneurship development programme agencies overestimate the skills and capabilities of the educated youth to become entrepreneur.

4. Duration of entrepreneurship development programmes:

Duration of most of the entrepreneurship development programmes varies between 4 to 6 weeks, which is very short period to develop entrepreneurial skills in the participants.

5. Non-availability of infrastructural facilities:

Entrepreneurship development programmes conducted in rural and regressive areas suffer interior infrastructural facilities like proper classroom, suitable guest speakers, boarding and lodging etc.

6. Improper methodology:

The course insides of entrepreneurship development programmes are not standardized.

7. Mode of selection:

There is no brokenprocess adopted by various agencies for the documentation of potential entrepreneurs. Organizations conducting entrepreneurship development programme prefer those persons who have some project ideas of their own and thus this opening is not providing to all the attentive candidates.

8. Non-availability of competent faculty:

Non-availability of experienced teachers grounds failure of this programmed.

9. Unfortunate reply of financial institutions:

Entrepreneurs will not able to suggestion security for the allowance of loans. Banks are not prepared to drama with the public money and hence they levy various circumstances for the grant of loans.

Those entrepreneurs who fail to obey with the situations are not able to get loan and hence their daydream of setting up their own enterprises is confounded. Helpful arrogance of lending institutions wills goes an extended way in stimulating entrepreneurial temperature.Suggestion for making EDP more effective :-1. There should be a clear-cut policy at the national level:

Government should formulate a clear cut policy at the national level to promote and sponsor EDPs so that the growth and development of entrepreneurship will not suffer on any cost. The various supporting agencies like banks and financial institutions must be encouraged to promote entrepreneurship.

2. Designing of viable projects:

The organizers should develop and design such projects which are feasible in terms of available resources and market potential. All arrangement should be made so that they can able to get updated and modern facilities required for the viable project for making EDPs successful.

3. Model based EDPs:

Model based EDPs should be discouraged because a particular model of training which is very successful in one area may be a failure in another area. Therefore, sponsoring agencies promoting EDPs should undertake in-depth study of the demand pattern and availability of resources before establishing their own enterprise.

4. Specific course of action to be followed:

The agencies engaged in EDPs must be very clear about the specific course of action to be followed. Course contents must be standardised, accountability must be fixed and feed back system should be introduced for further improvement.

5. Selecting the right type of trainees:

While selecting trainees for EDPs, the various agencies and institutions should adopt inform principles and procedures. Trainees should be selected after proper screening and assets. Applicants lacking requisite aptitude and commitment should be discouraged. Educated employed youth and persons having traditional background in the chosen activity should e given more preference for EDPs training.

6. Training of Trainers:

Trainers must be adequately trained by experts so that they can be able to inculcate the right type of training to the trainees. They can be able to meet all queries of the trainees about the latest development of the project. The trainers therefore, must be very competent, committed and qualified up to the expectations of the trainees.

7. Conducive Environment:

All effort should be made to create a conducive environment in the backward and under developed areas for the conduct of successful EDPs. Entrepreneurs should be assisted in converting their dream into reality through proper training and conducive environment. It makes the trainer-motivator's role effective.

8. Providing adequate infrastructural facilities:

Success of EDPs rest on the infrastructural facilities available in the particular region where they are undertaken. Therefore, before undertaking any EDP, the agencies must be assured of sufficient infrastructural facilities in the area. Plans and programs should design on the basis of such available infrastructures.9. Duration of EDPs:The duration for conducting an EDP should be increased to six months so that the trainees must be adequately trained and gained sufficient knowledge about the project. There should not be any short-cuts for successful EDPs.Institutions providing entrepreneurship development programmes in India :-1 - National Institute for Entrepreneurship and Small Business Development (NIESBUD)

NIESBUD was recognized in 1983 by the Ministry of Industry, Government of India. Its main purposes and objects are:= To assist as atop nationwide level resource institute to haste the development of entrepreneurship development.

= To benefit and shorten various actions in booming out training and other entrepreneurship development actions.

= To have enough money energetic info provision to trainers, agents and entrepreneurs.

= To change effective training strategies.

= To detect, train and assistance potential entrepreneurs for setting up ventures.

This institute acts as a nodal support. It organizes about 29 national and 6 worldwide training automatic every year.

2 - Entrepreneurship Development Institute of India (EDII)

It was recognized in 1983 by financial organizations. It behaviors research, training and institution-building doings for heartening the contribution of backward regions. The main purposes of Entrepreneurship Development Institute of India are:

= To growth the source of trained entrepreneurs through drill.

= To cause chances for self-employment.

= To expand managerial proficiencies of small-scale industries.

= To help small enterprises at country level.

= To donate to the spreading of corporate ownership.

Some other organizations providing Entrepreneurship Development Programmes are-- Small Industries Development Organization (SIDO)- Indian Investment Centre (IIC)

- National Institute for Small Industry Extension and Training (NISIET), Hyderabad

- Small Industry Development Bank of India (SIDBI )

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