Entrepreneurial Development Programmes Conducted by Public Sector Banks in Tamilnadu -Success or Failure

Summary

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The main objectives of this study are to evaluate the performance of Entrepreneurial Development Programmes from the standpoint of the banks, to study the factors influencing the attitude of the entrepreneurs towards the Entrepreneurship Development Programmes, to give suggestions for conducting the Entrepreneurial Development. This study has been undertaken in all the districts, namely, Chennai, Madurai, Salem, Dharmapuri, Dindigul, Erode, Ramanathapuram, Sivanganga, Tiruch, Villupuram, Coimbatore, Tirunelveli, Kanyakumari; Pudukottai, Virudhunagar, Cuddalore, Tuticorin, Thanjavur. This study has been pursued from the point of view of the entrepreneurs who attended training programmes and started industrial units. The study also analyzed the motivational factors responsible for the active participation of the entrepreneurs in the training program. Ten factors were taken for the study to find out the factors which are highly prompting the entrepreneurs to participate in the training programme. The present study is mainly empirical in nature and based on the survey method. Both primary and secondary data were collected for the study. Secondary data of the study comprised information from the publications of District Industries Canters and various banks. Primary data were collected from 100 trained entrepreneurs by administering them an interview schedule. Hypotheses have been framed to find out the relationship between the social variables and attitude. This has been analyzed by adopting Analysis of Variance Test (ANOVA).The factors motivating the respondents to attend the training were measured by applying simple arithmetic mean. On the basis of the findings of the survey, it is observed that for a greater success of the program certain modifications have to be brought in the Entrepreneurial Development Programmes.

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Entrepreneurial Development Programmes Conducted by Public Sector Banks in Tamilnadu -Success or Failure

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Tamilnadu occupies an important place on the industrial map of India. In spite of the fact that it lacks important industrial inputs such as coal, iron ore and the like, it is the most industrialized among the four Southern States in the country. Most of the industries such as cotton textile, cement, engineering and chemicals depend upon the northern parts of the country for their raw materials. Many established entrepreneurs had a humble beginning in the past. They started many small-scale units in the fields of agriculture, industry, trade and commerce. Many entrepreneurs were able to avail themselves of financial and managerial support from the members of their families and some entrepreneurs got assistance from their friend and relatives. The erstwhile classmates of some entrepreneurs used to extend financial and marketing support to the new entrepreneurs.

The word "Entrepreneur' originates from a French term which means a person, who undertakes the task of bringing together various resources such as money, materials and people and manages them to achieve desired results and takes some share. In any new venture an entrepreneur has to face certain risks and the profit he gets is the reward for risk bearing

Some entrepreneurs who attended the training programmes have star...

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