Advantages And Disadvantages Of EDP

Ques2. Discuss the major problems faced by EDPs in our country. Also give your suggestion to make more effective in the country. How will you evaluate the effectiveness or success of EDPs?

Answer2. Entrepreneurial Development Programmes

Entrepreneurial Development Programme means a programme designed to help young entrepreneurs in strengthening their entrepreneurial motive and in acquiring skills and capabilities necessary for playing their entrepreneurial role effectively. EDP means inculcating entrepreneurial traits into a person, imparting the required knowledge, developing the technical, financial, marketing and managerial skills and building the entrepreneurial attitude. EDP is mainly meant for developing the first generation entrepreneurs,

Lack of National Level Policy: EDPs are being conducted in our country for the last two decades, but skill we do not have a national policy on entrepreneurship. It is high time for the country to have such a policy for promoting the growth and distribution of industries in different parts of the country. This will help in proper planning and executive of EDPs. ii. Limitations of Pre-training phase: There are major limitations at the pre-training phase with regards to identification of target groups, selection of trainees and trainers, they expect the trainee to do so. No trainee can be competent to do so without proper help. EDP organizers many times do not select motivated people for training. iv. Non-availability of competent faculty: The problem of non-availability of competent faculty is faced by many EDP organizations. This problem takes far more serious turn in smaller towns or places which do not have much intensity of industrial and commercial activities. Such organizations have o invite guest faculty from far off training centers.

v. Defective methodology: There is a possibility of ill-planned training methodology and inconsistent design of the programme. The course curricula is not

Training of trainers: Success of EDPs depends on abilities skills and experience of trainers. They must be committed, competent and qualified.

Critical Evaluation of EDPs in India

Several evaluation studies have been conducted by various organizations and individual researchers. Although these studies vary in their objectives, coverage and content, of effectiveness or impact of EDPs.

One of the earliest attempts in this direction was made by a team of researchers and experts appointed by the Gujarat Financial Corporation to evaluate the effectiveness of the EDPs. The report of this study entitled “Entrepreneurship Development Programme: An evaluation’ was published by Indian Institute of Management, Ahemdabad in 1974.

A comprehensive nation-wide evaluation study on EDPs was made by the Entrepreneurship Development Institute of India, Ahemdabad. Table 1 gives theTable1: Performance of the sample EDPs at a balance Description Number of total % age

A. Sample of study 1. EDPs covered (sample size) 145 25.00 2. EDP trainees covered in sample EDPs 1,295 30.00 3. Sample trainees interviewed 865