The National Knowledge Commission

(NKC), defined entrepreneurship :

the professional application of
knowledge, skills and competencies
and/or of monetizing a new idea, by an
individual or a set of people by launching
an enterpriseor diversifying from an
existing one (distinct from seeking self
employment as in a profession or trade),
thus to pursue growth while generating
wealth, employment and social good.

Number of Government organizations

as well as NGOs who conduct EDPs and
MDPs.

Governmental and non-governmental

specialized agencies which
provide marketing assistance.
a single point registration
scheme for manufacturers

Government accords
the highest preference
to development of
MSME by framing
and implementing
suitable policies and
promotional schemes

MSME units with a turnover of Rs. 1 crore

or less per year have been exempted from
payment of Excise Duty.

There is an exemption from Excise Duty

for MSME units producing branded goods
in rural areas

Credit to micro, small

and medium scale
sector has been
covered under priority
sector lending by
banks.

Established by Government of India in 1983.

An apex body for coordination and supervision on activities

of
various
institutes
engaged
in
entrepreneurial
development.

Helps evolution of EDP, model syllabi, effective training

strategies, methodology, manuals and tools.

Activities undertaken:
*Organize and conduct training programes.
*Coordinate training activities of various agencies/institutes.
*Provide affiliation to such institutes.
*Hold examinations and confer certificates to trainers and
trainees.

Three months part time evening courses in management.

4-6 weeks part time courses in intensive training in
functional areas (marketing, finance).
Special courses in quality control, HR, production
planning, product development etc.
Mobile workshops imparting training on correct usage of
tools and equipment.
Helps with preparation of plant layouts.
Helps individual firms on specific problems faced.

Provides apprenticeship for 2 years.

Training supervisory staff of SSI up to 2 years.
Training to engineers up to 2 years.
Training workmen for 12 months.
Training to set up own venture.
Advice on machinery and components.
Production of technologically advanced
machines.

Develops programmes for entrepreneurial training and

development .
Develops innovative training techniques for trainers.
Focused attention on women entrepreneurs with first
such EDP in 1988.
EDP for rural entrepreneurship development in U.P and
Orissa.
Famous for organizing camps on entrepreneurship.
Conducted EDP in Sri Lanka, Nepal, Ghana, Kenya etc.

Contribution in encouraging women

entrepreneurship.
Set up womens wing in 1975.
This wing assists women in:
Getting better access to resources,
infrastructure,
markets
Identify investment opportunities
Attending to problems of individual industries
Sponsor participation in trade fairs, exhibitions,
conferences
Organize seminars, training programmes,
workshops