Eddp Essay

Question 2

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?

Answer

In recent years, entrepreneur and Entrepreneurship Development Programme (EDP) has become a serious matter of discussion. Entrepreneurship Development Programme that is primarily meant for developing those first generation entrepreneurs who on their own account cannot become successful entrepreneurs.

Entrepreneurship Development Programme

Entrepreneurial Development Programme means a programme conducted to help a person in strengthening his entrepreneurial motive and in acquiring skill and capabilities required for promoting and running an enterprise efficiently. A programme which is

In other words, one out of every four trainees actually started his / her enterprise after undergoing entrepreneurial training. However, the expected start-up rate is slightly higher around 32 per cent.

About 10 per cent trainees are found blocked due to various reasons at various stages in the process of setting up their enterprises. It also suggests that if not helped effectively, they may join the category of those 29 per cent trainees who have already given up the idea of launching their ventures.

Out of 430 trainees who could not be contacted personally during the field survey, according to the secondary sources, viz., family, friends, and neighbours, 17 per cent of them have already given up the idea of venture launching as they are engaged in some other activities.

In nutshell, the effectiveness of EDPs cannot be considered as impressive because about 07 out of every 10 trainees did not start enterprises after undergoing the EDP training. It means there are some problems or lapses here and there in conducting the EDPs’. Therefore, there lies the need for looking at the problems and constraints of