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Role of Government in promoting Entrepreneurship

Search  March 29, 2016  Preeti

 Entrepreneurship Development, MBA/BBA  3 Comments
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Methods for Settlement of Industrial Disputes…

Disputes…

Role of Government in promoting

Entrepreneurship
 

Functions of Manag
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7/15/22, 10:15 AM Role of Government in promoting Entrepreneurship - Simplynotes - Online Notes for MBA, BBA, MCA, BCA, MCOM, BCOM, MS…
g
Government plays a very important role in developing
entrepreneurship. Government develop industries in rural and
backward areas by giving various facilities with the objective of
balances regional development.The government set programmes to
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help entrepreneurs in the field of technique,finance,market and
entrepreneurial development so that they help to accelerate and adopt
the changes in industrial development.Various institutions were set up
by the central and state governments in order to fulfill this objective.

A. Institutions set up by Central Government

1. Small industries development organization (SIDO)

Role of Government in
promoting SIDO was established in October 1973 now under Ministry of Trade,
Entrepreneurship Industry and Marketing. SIDO is an apex body at Central level for
(Preeti) formulating policy for the development of Small Scale Industries in the
country,headed by the Additional Secretary & Development
Commissioner(Small Scale Industries)under Ministry of Small Scale
Industries Govt. of India. SIDO is playing a very constructive role for
strengthening this vital sector, which has proved to be one of the
strong pillars of the economy of the country. SIDO also provides
extended support through Comprehensive plan for promotion of rural
List of Animal Sounds –
English vocabulary entrepreneurship.

(Preeti)
2. Management development Institute(MDI)

Report Writing- MDI is located at Gurgaon(Haryana).It was established in 1973 and is

Characteristics,Structure sponsored by Industrial Finance Corporation Of India,with objectives of
and Types (How to write improving managerial effectiveness in the industry.It conducts
report?) management development programs in various fields.In also includes

(Preeti) the programmes for the officers of IAS,IES,BHEL,ONGC and many other
leading PSU’s.

Meaning, Nature and

3. Entrepreneurship development institute of India (EDI)
Scope of Public Finance

(Preeti) Entrepreneurship Development Institute of India (EDI), an autonomous

and not-for-profit institute, set up in 1983, is sponsored by apex
The SERVQUAL Model financial institutions – the IDBI Bank Ltd., IFCI Ltd., ICICI Bank Ltd. and
the State Bank of India (SBI).  EDI has helped set up twelve state-level
(Preeti)
exclusive entrepreneurship development centres and institutes. One
 of

the satisfying achievements, however, was taking entrepreneurship to a

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Recent Comments large number of schools, colleges, science and technology institutions
and management schools in several states by including
Crystal on
entrepreneurship inputs in their curricula.  In the international arena,
Importance/Need efforts to develop entrepreneurship by way of sharing resources and
of entrepreneurship organizing training programmes, have helped EDI earn accolades and
development support from the World Bank, Commonwealth Secretariat, UNIDO, ILO,
programme (EDP) British Council, Ford Foundation, European Union, ASEAN Secretariat
and several other renowned agencies. EDI has also set up
: “Hi! Someone in
Entrepreneurship Development Centre at Cambodia, Lao PDR,
my Facebook group
Myanmar and Vietnam and is in the process of setting up such centres
shared this website
at Uzbekistan and five African countries.
with us so I came to
give it a look. I’m…”
4. All India Small Scale Industries Board(AISSIB)
Mar 31, 01:28

The Small Scale Industries Board (SSI Board) is the apex advisory body
Delia on constituted to render advise to the Government on all issues pertaining

What is Teaching? to the small scale sector.It determines the policies and programmes for
the development of small industries with a Central Government
Concept of
Minister as its president and the representatives of various organization
Teaching
i.e. Central Government,State Government,National Small Industries
: “As the admin of
Corporations,State Financial Corporation,Reserve Bank of India,State
this web site is
Bank of India,Indian Small Industries Board,Non government members
working, no
such as Public Service Commission,Trade and Industries Members.
question very
quickly it will be 5. National Institution of Entrepreneurship and Small Business
well-known, due to Development(NIESBUD),New Delhi
its…”
Mar 31, 01:16 It was established in 1983 by the Government of India.It is an apex body
to supervise the activities of various agencies in the entrepreneurial
development programmes.It is a society under Government of India
Society Act of 1860.The major activities of institute are:

i) To make effective strategies and methods

ii) To standardize model syllabus for training

iii) To develop training aids,tools and manuals

iv) To conduct workshops,seminars and conferences.



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Provis on v) To evaluate the benefits of EDPs and promote the process of

Entrepreneurial Development.
Importance/Need
of entrepreneurship
vi) To help support government and other agencies in executing
development
entrepreneur development programmes.
programme (EDP)

: “I think other site vii) To undertake research and development in the field of EDPs.
proprietors should
take this site as an 6. National Institute of Small Industries Extension Training

model, very clean

It was established in 1960 with its headquarters at Hyderabad.The main
and magnificent
objectives of national Institute of Small Industries Extension Training
user friendly style
are:
and…”
Mar 30, 11:11
i) Directing and Coordinating syllabi for training of small entrepreneurs.

Melaine on
ii) Advising managerial and technical aspects.
Importance/Need
of entrepreneurship iii) Organizing seminars for small entrepreneurs and managers.
development
programme (EDP) iv) Providing services regarding research and documentation.

: “I was just
7. National Small Industries Corporation Ltd. (NSIC)
searching for this
info for a while. The NSIC was established in 1995 by the Central Government with the
After six hours of objective of assisting the small industries in the Government purchase
continuous programmes.The corporation provides a vast-market for the products
Googleing, at last I of small industries through its marketing network.It also assists the
got…” small units in exporting their products in foreign countries.
Sep 14, 21:07


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 Phases of EDPs Written Communication-

– Three Stages of Meaning,Characteristics,Advantages,Disadvantages,Prin
Entrepreneurshipof Effective Written Communication 
development
programme with
Examples

3 thoughts on “Role of Government in

promoting Entrepreneurship”
neha rani
March 20, 2018 at 4:56 pm

Thanks

Your notes are simple & easy to understand.

Reply

Shradha
December 1, 2018 at 2:31 pm

Very helpful for me. Thanku so much

Reply

Sheridan Enderlin 

September 13, 2019 at 5:21 pm

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7/15/22, 10:15 AM Role of Government in promoting Entrepreneurship - Simplynotes - Online Notes for MBA, BBA, MCA, BCA, MCOM, BCOM, MS…

Nice post. I learn something new and challenging on websites I

stumbleupon everyday. It’s always exciting to read articles from other
authors and practice something from other web sites.

Reply

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