Conclusion on entrepreneurship development programmes
Answers
Answer:
Entrepreneurship Development Programme (EDP) is a programme which helps in developing the entrepreneurial abilities. The skills that are required to run a business successfully, is developed among the people through this programme. Sometimes, people may have skills but it requires polishing and incubation.
Entrepreneurship must be developed and supported so that there is a proliferation of SMEs in the country.
An entrepreneur's entry into business does not guarantee his/her survival. Attrition rate for new entrepreneurs is very high in many countries of the world. While this may be because their chosen business inappropriate or a lack of adequate technical or business expertise, one critical reason is that overall macro and micro environment in which they are forced to operate.
Therefore a key consideration by the government should be to critically evaluate the exiting macro economic policies and their impact on grassroots entrepreneurship development.