Karan, a rural boy, identifies the potential of organic farming in the village. He meets the zonal agricultural office, who, looking at the determination of this 20 years old boy, helps him to arrange and procure multiple resources required for his farm land. Then karan takes a loan of rupees 50,000 from SBI as his seed money of rupees 10,000 is not enough to cater the requirement. Karan ties up with a nearby city's vegetable shop owner to sell his yield. His hardwork pays and the organic vegetable are a hit. This organic vegetable producer exhibits to be a good entrepreneur with good entrepreneurial skills. Do you agree? Justify giving reasons for your answer.
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Karan, a rural boy, identifies the potential of organic farming in the village. ... Yes, this statement is justified as he first identified the opportunity and took the risk of starting organic farming , arranged finance for his venture he took a loan of Rs. 50,000/- from SBI and worked hard.
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