This presentation is about Entrepreneurship and small business in India, which includes why entrepreneurship in motivated in India, basic factors, need, and sources of motivation i.e how government is taking an initiative to motivate them, which will lead to overall growth of individual and economy.

1. Why Entrepreneurship is Motivated
in India?
Presented by-
Gaurav Mahajan
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2. Who is an entrepreneur??
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3. Entrepreneur
 An entrepreneur is defined as “person in effective control of
commercial undertaking; one who undertakes a business or an
enterprise”.
 Entrepreneur is an innovative person who maximizes his profits by
following new strategies or venturing into new products or services.
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4. Entrepreneurship
 Entrepreneurship is the act of being an entrepreneur, who starts any
economic activity for being self-employed.
 Entrepreneurship is the “process of the entrepreneur”. It is an attempt to
create value through recognition of business opportunity. It is basically
communicative and management functions to mobilize financial and
material resources.
 The entrepreneurial activity is governed by varying combination of socio-
economic, psychological, cultural and other factors: Caste/religion, Family
background, Level of education, Level of perception, Occupational
background, Migratory character, Entry into entrepreneurship, Nature of
enterprise, Investment capacity and Ambition/moderation.
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5. Need of Entrepreneurship
 Increases national production
 Balanced area development
 To generate employment
 Economic growth
 Encourage self employment
 Entrepreneurial awareness
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6. WHAT ENTREPRENEURS DO?
EMPLOYMENT & INCOME GENERATION
ENTERPRISES
ENTREPRENEURS
Taxes/Govt.
Revenues
Poverty
Alleviation
Higher Productivity &
Innovations
Output &
Exports
Wealth
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7. What causes economic growth?
 Economic growth is effect, entrepreneur is the cause.
 Entrepreneurs explore opportunities.
 Convert ideas into viable business proposition and
provide new products and services to the society by
bringing together and combining various factors of
production.
 They change life style of the people.
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8. Entrepreneur as an Economic Pioneer
 Introduction of new goods and products
 Introduction of new processes and methods of production
 Opening up of new markets
 Opening up of new sources of supply
 Industrial re-organization
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9. Support for Entrepreneurship … Why?
 Seed pipeline of future enterprises,
 Create a risk-taking culture,
 Long-term economic development,
 Employment creation…
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10. Factors Of Motivation :
 Confidence
 Environment
 Money
 Technical Skills
 Customer Satisfaction
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11. Why Entrepreneurship Is Motivated..???
 It Provides Employment.
 It Promotes Capital Formation Of Country.
 It Promotes The Countries Export Traders.
 Bring Light Towards Backward Areas.
 Proper Utilisation Of Resources.
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12. Role of Indian Government in motivating
“entrepreneurship”
 Indian Government plays every important role for the development and
motivation of entrepreneurs as well entrepreneurship
 It motivates by giving rebate on taxes
 Providing subsidies
 Opening industrial parks
 Making registration process easy to establish new company
 Conducting entrepreneurial training
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13. Various programmes started by government
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14.  Government has recognized the important role of entrepreneurs in the
industrial development of the country especially through the small scale
industries (SSIs).
 SSIs are essential for Indian economy in terms of employment generation,
foreign exchange earnings, its share in industrial output, and contribution to
national income.
 The government of India and state governments provides a number of
special facilities and incentives.
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15. All India Institutions
 Small Scale Industries Board
 Ministry of Small Scale Industries
 Small Industry Development Organisation (SIDO)
 National Small Industries Corporation (NSIC) Limited
 The Khadi and Village Industries Commission (KVIC)
 Coir Board
 Training Institutes
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16. State Level Institutions
 State Industrial Development Corporations (SIDCs)
 State Directorate of Industries (SDIs)
 District Industries Centres (DICs)
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17. Fund-Based Institutions
 Fund-Based Institutions
 Small Industries Development Bank of India (SIDBI)
 Commercial Banks
 State Financial Corporations (SFCs)
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18. Questions?????
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19. Thank You
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