Title: RURAL DEVELOPMENT IN INDIA THROUGH ENTREPRENEURSHIP
Authors: Atul Saikia
Assistant Prof., Dept. of Economics, Dhemaji College, Assam, India
MLA 8 Saikia, Atul. "RURAL DEVELOPMENT IN INDIA THROUGH ENTREPRENEURSHIP." Int. j. of Social Science and Economic Research, vol. 4, no. 4, Apr. 2019, pp. 2920-2929, ijsser.org/more2019.php?id=216. Accessed Apr. 2019.
APA Saikia, A. (2019, April). RURAL DEVELOPMENT IN INDIA THROUGH ENTREPRENEURSHIP. Int. j. of Social Science and Economic Research, 4(4), 2920-2929. Retrieved from ijsser.org/more2019.php?id=216
Chicago Saikia, Atul. "RURAL DEVELOPMENT IN INDIA THROUGH ENTREPRENEURSHIP." Int. j. of Social Science and Economic Research 4, no. 4 (April 2019), 2920-2929. Accessed April, 2019. ijsser.org/more2019.php?id=216.
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Abstract: Rural entrepreneurship can be defined as entrepreneurship emerging at village level which can
take place in a variety of fields of endeavor such as business, industry, agriculture and act as a
potent factor for economic development. There is a lot of scope for rural entrepreneurship in
Small and Medium Enterprises (SMEs) in India which plays a vital role in providing
employment and income for the poor and unemployed in rural areas. Considering more than 52
percent of the GDP and making available more than 75 percent of all labour force in India, the
rural sector is best poised for a rapid expansion in the small and medium industry arena. People
in rural areas suffer with unemployment, poor infrastructure facilities which may be solved with
the development of the rural entrepreneurs. However, the rural entrepreneurs are suffering with
various problems like fear of risk, lack of finance, lack of IT knowledge and technical skills,
poor quality products, adverse social, cultural and industrial environment, competition from the
urban entrepreneurs. This paper is an attempt to understand the importance and challenges of
rural entrepreneurship in the context of rural development in India and possible suggestions are
given to overcome the problems.
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