Professional Documents
Culture Documents
I.SATHYA
Assistant Professors of Commerce (CA)
S.B.K. College, Aruppukottai
Abstract
The word entrepreneur originates from the French word, entrepreneur, which means “to
undertake”. In a business context, it means to start a business. The Merriam-Webster
Dictionary presents the definition of an entrepreneur as one who organizes, manages, and
assumes the risk of a business or enterprise. Rural entrepreneurship is now a days a major
opportunity for the people who migrate from rural areas or semi - urban areas to Urban
areas. It is also a fact on the contrary that the majority of rural entrepreneurs are facing
many problems due to non-availability of primary amenities in rural areas like India.
Financial problems, Lack of education, insufficient technical and conceptual ability at
present it is too difficult for the rural entrepreneurs to establish industries in rural areas.
Certainly the economic development of our country largely depends on the development of
rural areas and also the standard of living in its rural mass. The paper also makes an
attempt to find out the challenges and problems for the potentiality of rural
entrepreneurship. It also tries to focus on the major problems faced by entrepreneurs
especially in the field of marketing of products, other primary amenities like water supply,
availability of electricity, transport facilities, required energy and financial amenities. In
the light of this research paper focuses on the major challenges and problems available in
the Indian market by en-cashing the possibilities and prospects of the same to be an able
and successful entrepreneur.
Keywords: Rural entrepreneurs, Innovator, economic development, conceptual ability.
poverty, unemployment and backwardness in the villages that has led to major influx
of Indian economy. Rural industrialization of rural population to the cities. At present
is viewed as an effective means of what is needed is to create a situation
accelerating the process of rural wherein the migration from rural areas to
development. Government of India has urban areas comes down. Migration per se
been continuously assigning increasing is not always undesirable but it should be
importance and support for the promotion minimum as far as employment is
and growth of rural entrepreneurship. concerned. Indeed the situation should be
Today rural entrepreneurship has such that people should find it worthwhile
emerged as a dynamic concept. In general to shift themselves from towns and cities
parlance rural entrepreneurship is defined to rural areas because of realization of
as “entrepreneurship emerging at village better amenities and opportunities there.
level which can take place in a variety of Major objectives of study:
fields of Endeavour such as industry, 1. To analyze the roles of rural
business, agriculture and act as a potent entrepreneurs in economic
factor for overall economic development. development
Compared to earlier days development of 2. To know the major benefits from rural
rural areas have been linked to entrepreneurship
entrepreneurship. 3. To study the problems in rural
Defining entrepreneurship is not an entrepreneurship
easy task. Entrepreneurship means 4. To suggest some remedial measures to
primarily innovation to some, to others it solve the problems faced by rural
means risk taking? To others a market entrepreneurs
stabilizing force and to some others it 5. To study the major challenges faced by
means starting, managing a owning a small rural entrepreneurship in India
business. An entrepreneur is a person who Research methodology
either creates new combination of The study used both primary and
production factors such as new products, secondary data sources. The primary data
new methods of production, new markets, include data collected from various
finds new sources of supply and new entrepreneurs.Secondary data was
products and new organizational forms or collected from internet and online
as a person who is necessarily willing to database.
take risks or a person who by exploiting Rural Entrepreneurship in India:
market opportunities, eliminates Who should necessarily be capable
disequilibrium between aggregate demand of making use of the government schemes
and aggregate supply or as one who owns and policies for the betterment of rural
and operates a business. people? Some individuals who happen to
What is Rural Entrepreneurship? be NGO‟s and local leaders and also who
In simple terms “entrepreneurship” are committed to the cause of the rural
is the act of being an entrepreneur, which people have certainly been the catalytic
can be defined as “one who undertakes agents for development. Though their
innovations, finance and business acumen efforts need to be recognized and lauded,
in an effort to transform innovations into yet much more needs to be done to reverse
economic goods”. The problem is the direction of movement of people i.e.,
essentially lopsided development which is to attract people to rural areas which
a development of one area at the cost of means not only stopping the outflow of
development of some other place, with rural people but also attracting them back
concomitant associated problems of from towns and cities where they had
underdevelopment. For instance, we have migrated. This can be made possible only
seen underemployment or unemployment when young people consider rural areas as