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Blogs - Entrepreneurial Skill Development in India – Upgrading the Skillset

Entrepreneurial Skill Development in India – Upgrading the Skillset

Avatar for Aatmnirbhar Sena
Aatmnirbhar Sena
Aug 14, 2020
Startups
Entrepreneurial Skill Development in India – Upgrading the Skillset

Entrepreneurial Skill Development is an art to manage all things efficiently, and once started, an entrepreneur shouldn’t think of stepping back. Entrepreneurship is the capability to develop, organize, and run a business enterprise, along with any of its uncertainties to make a profit. You need to find your area of interest and start working accordingly to embark on your entrepreneurial journey. To become a fortunate entrepreneur, you need to learn specific skills and have the courage to pursue your ideas. Today, being an entrepreneur is no longer a man’s job; women are equally coming out as prosperous entrepreneurs, whether in a small scale business or on a big scale. Some of the skills an entrepreneur must have include time management, strategic thinking, assertiveness and confidence, communication, and resilience. India’s government has been successfully running various programs to develop entrepreneurial skill development among aspiring entrepreneurs.

Entrepreneurship and Skill Development Programme (ESDP) is one such program that aims at motivating youths, women, Ex-servicemen, and BPL persons to consider self-employment or entrepreneurship as one of the career options. This program’s ultimate objective is to promote new enterprises, build existing MSMEs, and inculcate entrepreneurial culture in the country. ESDPs are organized by MSME-DIs (Development Institutes) to skill people on various aspects of industrial activity and motivate them to start a business and create jobs rather than looking for jobs elsewhere. These programs are generally conducted in Industrial Training Institutes (ITIs), polytechnics, and other technical institutes. To impart entrepreneurial skills among every section of society, preference is given to candidates or SC/ST/women physically disabled and BPL (Below Poverty Line) participants. Overall, 40% of the targeted beneficiaries of E-SDPs should be women.

Entrepreneurial Skill Development: ESDP Scheme

The activities conducted under ESDP scheme are as follows:

  • Industrial Motivation Campaign (IMC)- Two days entrepreneurship Awareness Programme (EAP) –Two Weeks
  • Entrepreneurship-cum-Skill Development Programme (E-SDP)-Six weeks
  • Management Development Programme (MDP)- One week

Apart from skill development programmes, the government has taken various other initiatives to promote the country’s entrepreneurship culture. Make in India, Start-up India, Atal Innovation Mission (AIM), Support to Training and Employment Programme (STEP), etc., are some of the initiatives directed at promoting innovation hubs, start-up businesses, entrepreneurship and job creation at the grassroots level.

To further the initiative of our honorable Prime Minister Shri Narendra Modi of making India a ‘self-reliant nation’, it is essential to develop entrepreneurial skill development among the country’s people. Our organization Aatmnirbhar Sena wholeheartedly believes in our prime minister’s vision, and to achieve that, we offer every possible assistance. We aim to promote entrepreneurial culture and entrepreneurship in the communities and societies with the help of well-planned programmes. We will be conducting various educational programmes to promote start-up culture in the country. Expert training concerning business and compliances will be given to aspiring entrepreneurs of the country. The most common problem that start-ups face is lack of finance. To curb this issue of lack of finance, we will be providing financial assistance to start-ups and budding entrepreneurs by collaborating with banks and other financial institutions of the country. Eventually, we wish to boost the country’s start-up culture, impart confidence among people to enter the entrepreneurial world, and make our country ‘self-reliant’.

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