Discuss the objectives of entrepreneurial development programmes.
ANSWER:
Entrepreneurial development programmes (EDPs) are the ones that primarily focus on developing and enhancing the entrepreneurial role. They help the entrepreneurs by motivating them to acquire the necessary skills and attitudes so as to make the best use of their capabilities and play the entrepreneurial role efficiently.
Following are the objectives of the entrepreneurial development programme:
i. Encouraging entrepreneurship throughout the nation
ii. Making optimum use of scarce resources
iii. Working towards the betterment of socially backward areas
iv. Generating and providing employment opportunities
v. Increasing the role of small- and medium-scale industries.