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Rural Entrepreneurship and Innovations in India

The document discusses rural entrepreneurship in India, highlighting examples of successful rural innovations and entrepreneurs, such as a woman in Madhya Pradesh who took a loan to start a small business rearing the indigenous Kadaknath chicken breed, generating a profit to repay the loan and providing a sustainable livelihood for her family without needing to migrate for work. Rural entrepreneurship is presented as a way to reduce poverty and drive rural development by adding value to local resources and employing local people.

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0% found this document useful (0 votes)
895 views25 pages

Rural Entrepreneurship and Innovations in India

The document discusses rural entrepreneurship in India, highlighting examples of successful rural innovations and entrepreneurs, such as a woman in Madhya Pradesh who took a loan to start a small business rearing the indigenous Kadaknath chicken breed, generating a profit to repay the loan and providing a sustainable livelihood for her family without needing to migrate for work. Rural entrepreneurship is presented as a way to reduce poverty and drive rural development by adding value to local resources and employing local people.

Uploaded by

k7sanjay
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPT, PDF, TXT or read online on Scribd

By:

Paari.P (09mba-a34)
Sakthivelu .M.A(09mba-a43)
Sanjay.K (09mba-a44)
Any development is not possible without
taking the rural masses into account. Thus
innovations affecting the rural population are at the
heart of any developmental process in India .

There has not been satisfactory improvement in


the rural sector, problems such as the middlemen
standing between the farmers and the market and
making away with the profits. This can be stopped by
encouraging entrepreneurship in rural areas.
What’s Rural Entrepreneurship?

Rural entrepreneurship is, in essence, that


entrepreneurship which ensures value addition to rural
resources in rural areas engaging largely rural human
resources.

This means that finished products are produced in rural


areas out of resources obtained in rural areas by largely rural
people.
Types of Rural Entrepreneurship :
Rural entrepreneurial activity can be broadly classified in 4 types:

i)Individual Entrepreneurship - It is basically called proprietary i.e.


single ownership of the enterprise.

ii)Group Entrepreneurship - It mainly covers partnership, private


limited company and public limited company.

iii) Cluster Formation - It covers NGOs*, VOs*, CBOs*, SHGs* and even
networking of these groups. These also cover formal and non-formal
association of a group of individuals on the basis of caste, occupation,
income, etc.

iv) Cooperatives - It is an autonomous association of persons united


voluntarily for a common objective. An entrepreneur has to decide on a
particular type of entrepreneurship based on the various options available.
“Rural innovations” not only improve the
productivity and efficiency of local farmers & rural
areas, but also have significant environmental and
social impact by developing eco friendly
“appropriate” solutions to local problems. Rural
innovations and appropriate technologies are being
created for viable and sustainable micro ventures.
Domains of Rural Entrepreneurship:
1.Food Processing
2.Dehydrated Fruits and Vegetables
3.Fruit Based Beverages
4.Mushrooms
5.Chikki Industry
6.Poultry Industry
7.Cottage and Handicrafts Industry
8.Oil Industry
9.Pottery
10.Repair of Phone/Mobile Phone, Electronic and Electrical
goods
11.Rural Tourism
12.Entertainment
13.Modern Industries
Innovations of Rural India
 Rural innovations and appropriate technologies are being
created for viable and sustainable micro ventures.
In India there are about 6.3 million villages contribute 60% of
national income.
Unemployment is the main problem in Rural India.
 A small innovation in the rural area would catch up the most of the
population and would facilitate to produce competitive products and
increase the income of rural people.
Entrepreneur has the ability to perceive latest economic
opportunities and device innovative strategies to increase the demand
for their goods.
Some Personalities on Innovation & Entrepreneurship:

Azim Premji: People who produce innovative technologies

to customers; they will definitely succeed.

TCS Ramadorai and Bill Gates opine that

entrepreneurs are people who do things differently and by sheer

perseverance they build the enterprise to a greater height.


Success Full Rural Innovations:
 Milk & Fruit Based Beverages: A washing machine converted to lassi
maker.

 Handicrafts Industry: Old clothes given new lives as curtains &


cushion covers. Paper & Areca Nut Plates, Clay made Idols and allied
items….

 Pottery Industry: An ingenious refrigerator made entirely from


terracotta (clay) that keeps water cool and fruits, vegetables and milk fresh
for days — and yet doesn't use a single watt of electricity.

 Modern Industries: A rural Business Process Outsourcing


company
Pottery Industry:

Mr. Manshuk Lal Raghavji Bhai Prajapati


from the Village Wankaner Dis. Rajkot.
(Gujarat).

www.mitticool.net
Cont…….
 Started as a supervisor in roof tiles Manufacturer Company of Gujarat.

 At the year 1989 started making Tavdi (TAWA) from the TARAQUTA MUD

 Then in 1997 launched MITTI COOL WATER FILTER successfully

 After in 2002 launched  MITTI COOL REFRIGRATOR .

 In 2004 MITTI COOL REFRIGRATOR got award from National and State RURAL

DEVELOPMENT  institutions.

 Now he get orders from abroad and peoples like to use his natural Refrigerator /

Filter.

 Says: “My aim is to provide all luxurious things to country wide peoples who cant

imagine to afford electronic goods”.


Milk & Dairy Industry:
JS MILKER (Manual Milking Device)

It is manufactured and marketed by J Support Industries, a Kerala-based

company headed by Mr. Joy John.

This portable machine has a vacuum handle, which is used to create the

necessary suction power to draw milk out & the most hygienic and easy manner.

Makes the whole process of milking absolutely simple and safe for the cattle.
Cottage Industry:

COCONUT DEHUSKER

Mr. Karrupaiah, of Process Ekuipment, a S.S.I in Pollachi,


has developed the coconut-dehusking machine.

The machine can dehusk 500-coconuts/ hour of size of dia


120 mm to 250 mm.

The machine requires 3 semi-skilled people to operate and


achieve the above efficiency. The machine operates on a 1.5
HP single-phase motor, weighs 175 kg and is provided with
forward and reverse switch.

The machine's design has been registered with the Patent


Office, Chennai.
Other Rural Innovations:

Bio Asthira: is one of the products made by Sri K M Chellamuthu, an


agri labourer of Oonjalur village in Erode district, Tamilnadu.

The Varsha Rain Gun: Innovated by Sri Anna Saheb, a 70-year old

sugarcane farmer of Sadalga village in Belgaum district of Karnataka.


Modern Industries:
DesiCrew a rural Business Process Outsourcing company by
IIT-MADRAS, which sets up IT-enabled service centers in rural areas to employ
and train local people to meet the back-office demands of regional clients.

Elecsha:
Is a completely battery driven Electric cycle rickshaw modifying the
rickshaw by making it a 3-gear .
 It has the potential to provide attractive alternative to petrol & diesel
powered three wheelers.
 Cost - An estimate cost would be about Rs.50, 000- Rs 60,000
Conclusion:
 It’s true that India lives in her villages.
 Rural entrepreneurship is the answer to removal of rural poverty in
India.
 The problem is that most of the rural youth do not think of
entrepreneurship as the career option.
 Therefore, the rural youth need to be motivated to take up
entrepreneurship as a career, with training and sustaining support
systems providing all necessary assistance.
 Innovation and entrepreneurship is not only about making it big, but
also a journey of self realization – Of one’s hidden talents, learning
potential and strength.
KADAKNATH POULTRY
REARING
Smt. Keena wife of Shri Nanu of
Mendal village, District Jhabua, Madhya
Pradesh was landless and survived on wage
labour, with her husband and two
daughters.  The family would migrate in
search of wage labour, to nearby villages for
almost seven months each year.
In  March 2005, Keena  returned  to her
village -- participate in a village meeting for Self
Help Groups organized by the  Assistant
Development Officer (ADO) along with eleven other
women of her village ---A year after forming the
SHG, members decided to initiate some activities to
generate income for the family--- However,
considering the low saving level within the group,
Keena obtained a bank loan of Rs.44,000/-
with a 50% subsidy through the Integrated Tribal
Development Project facilitated by the Madhya
Pradesh Rural Livelihoods Project (MPRLP).
With her  past experience and
interest in rearing local poultry birds, Keena
decided to rear Kadaknath, an indigenous
poultry breed  of Jhabua District(m.p)
constructed a shed measuring 22*12 feet –
200 birds of 15-20 days old pre-vaccinated
chicks @ Rs 15 per chick.
Her venture resulted in a profit of
more than Rs 37000/- in a year enabling her
to return the loan of Rs. 11,000/- to the bank
in 2007. Most birds are sold by Keena for Rs
300 each as they reach 5-6 months of age
and weigh between 1-1 ½ Kg.
The Kadaknath poultry rearing unit emerged
as a good source of income for Keena to meet
both her household financial needs as also
provide a source of nutrition for herself and
her family. The mortality rate was brought
down to 10% through her practical skills .
“There is no need for the family to
migrate in search of wage labour anymore”,
contends Keena. She is a happy woman
who has set an example for other tribal
families to emulate.
STRENGTH:

 Her self confidence and self interest paved the way to her success.
 Innovative ideas help in her growth.
 Her family support and practical management skills.
 Innovative marketing strategy

OPPURTUNITES::

 Availability of market.
 Opportunities to expand further
 Demand for the birds meat and eggs
WEAKNESS

Success in her project remains uncertain.


Financial constraint.

THREATS

Risk of drought.
Threat of epidemic diseases.
Drastic climatic changes.
Growth of other competitors.
Threat to new entrants.
Referance:
1.http://www.nif.org.in/bd/douknow
2.http://www.rinovations.org/Innovations/data-
bank
3.http://www.innovationsofindia.com/list_of_innova
tions/elecsha.htm
4.http://www.indianmba.com/Faculty_Column/FC9
95/fc995.html
5.http://www.rajdst.gov.in/entrepreneurship_develo
pment_divnew.htm
Think & react….!
ed;w.....p

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