Rural Entrepreneurship – Problems and prospects of Papad making industries in Rural areas of Anand District

In India, entrepreneurism is in its cultural ethos. Entrepreneurship and enterprises are a continuous process and it is growing from centuries to centuries. The concept of entrepreneurship has assumed prime importance for accelerating economic growth both in developed and developing countries. It is a basis of free enterprise. It promotes capital formation and creates wealth in the country. It is the hope and dream of millions of individuals around the world. It has the thrill of risk, change, challenge and growth. It builds ealth. It is a pathway to prosper. It reduces unemployment and poverty.

There are main two reasons for needs of entrepreneurs in India.

• Capitalization from opportunities.

• Maximization of wealth and jobs.

The economics of many developing countries are in state of transitions as they strive to shift from a subsistence oriented and heavily regulated environment to an outward looking, market driven economy. This transition can be greatly assisted by the emergence of a large number of small scale and rural enterprises in all spheres of economic activity, which in turn, requires the development of entrepreneurial skills. Despite the importance of entrepreneurship for economic and social development there is as yet scant research into or systematic observation of the processes through which entrepreneurship emerges and sustains itself.

Papad manufacturing is the important opportunity for maximization of wealth and jobs in Gujarat, particularly in Gujarat. 2600 Papad manufacturing units and 128 units are working in Anand district in rural areas. So we have selected papad making industries of Anand district.