Rural Entrepreneurship: The Current Scenario in India

Saud Ilahi

Abstract: Rural entrepreneurship engages the masses in manufacturing output, by providing employment opportunities, assists in industrialization of rural & backward areas, thereby, assures regional balanced development and reduces migration of youth to urban areas. It plays a pivotal role in distribution of income & wealth at grassroots level in the developing countries like India. The present work provides an integrated view of rural entrepreneurship in India based on the analysis of the findings of the NSS 73rd Round of NSSO, related to rural sector. It contemplates the status of rural entrepreneurship, schemes for the development of rural entrepreneurship, government efforts to revive traditional industries after demonetization and problems of rural entrepreneurship.

Keywords: Rural Entrepreneurship, National Sample Survey NSS 73rd Round, Schemes for the Development of Rural Entrepreneurship