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Rural: Entrepreneurship

This document defines and discusses rural entrepreneurship. Rural entrepreneurship refers to establishing industries in rural areas with populations under 10,000 and investments under 1,000 rupees per worker. Rural industries are classified into six categories: mineral-based, forest-based, agro-based, engineering, textile, and service. Rural entrepreneurship is important because it provides employment opportunities in rural areas, promotes regional development, and helps reduce poverty and urban migration. The government supports rural entrepreneurship through various schemes that provide training, funding, and marketing assistance to rural small businesses.

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Rupesh kumar mishra
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866 views7 pages

Rural: Entrepreneurship

This document defines and discusses rural entrepreneurship. Rural entrepreneurship refers to establishing industries in rural areas with populations under 10,000 and investments under 1,000 rupees per worker. Rural industries are classified into six categories: mineral-based, forest-based, agro-based, engineering, textile, and service. Rural entrepreneurship is important because it provides employment opportunities in rural areas, promotes regional development, and helps reduce poverty and urban migration. The government supports rural entrepreneurship through various schemes that provide training, funding, and marketing assistance to rural small businesses.

Uploaded by

Rupesh kumar mishra
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Rural

Entrepreneurship

Presented by;-
Rupesh Kumar Mishra
Meaning of Rural Entrepreneurship
 Entrepreneurship emerging in rural areas is called rural entrepreneurship.
 Establishing industries in rural areas refers to rural entrepreneurship.
 Rural entrepreneurship is synonymous of rural industrialization

Definition
According to the KVIC [khadi and village industries commision]:-

Rural industry means any industry located in rural areas, population of which does not


exceed 10,000 or such other figure which produces any goods or renders any services
with or without use of power and in which the fixed capital investment per head of an
artisan or a worker does not exceed a thousand Rupees.

´According to Government of India:-

Any industry located in rural area, village or town


with a population of 20,000 and below and an investment of Rs. 3 crores in plant and
machinery.´
Classification of rural industries
Rural industries have been classified into the following six
categories:-
 1. Mineral-based industries.
 2. Forest-based industries.
 3. Agro-based industries.
 4. Engineering and non-conventional industries.
 5. Textile industry (including Khadi), and
 6. Service industry.

Need of Rural entrepreneurship


. Over 70% of indian population lives in rural areas
. Rural industries are labour intensive
. Great disparities in income of rural and urban people
. Regional development
. Rich in traditional art/ handicrafts
. Reduce poverty, growth of slums , pollutions in cities
. Awaken the youth
How to develop rural entrepreneurship
 Strengthen the raw material base in rural areas.
 Funds should be available on time at soft terms and conditions.
 Develop entrepreneurial competencies through trainings.
 Dissimilate information about the available facilities.
 Modern infrastructural facilities.
 NGOs in rural areas.

Real life indian industry Example:-


We can take example of any industries which comes under rural
entrepreneurship like forest based industries that include
Honey making
Bamboo product
Cane product
Wood product
Coir industry etc
Government schemes for rural
entrepreneurship in india
 Entrepreneurship Development Institution Scheme
 Rajiv Gandhi Udyami Mitra Yojana (RGUMY)
 Performance and Credit Rating Scheme (Implemented through NSIC)
 Product Development, Design Intervention and Packaging (PRODIP)
 Khadi Karigar Janashree Bima Yojana for Khadi Artisans
 Marketing Assistance Scheme
 Provision of Urban Amenities to Rural Areas (PURA)
Roles Of Rural Entrepreneur In
Economic Development [GDP]
 Formation of capital
 Increase in per capita income
 Balanced regional development
 National Self –reliance
 General employment
 Planned production
 Improvement in standard of living
 Equitable distribution economic power
THANK
YOU

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