Dean Students Welfare

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dsw@skuastkashmir.ac.in

Entrepreneurship plays a very important role in the economic development. Entrepreneurs act as catalytic agents in the process of industrialization and economic growth. The rate of economic progress of a nation depends upon its rate of innovation which in turn depends upon the distribution of entrepreneurial talent in the population. Technological progress alone cannot lead to economic development unless technological breakthroughs are put to economic use by entrepreneurs. It is the entrepreneur who organizes and puts to use capital, labour and technology in the best possible manner for the setting up of his enterprise. Importance of entrepreneurship development programme (EDP) is to enable entrepreneurs initiating and sustaining the process of economic development in the following ways-

  • Creation of Employment Opportunities
  • Capital Formation
  • Balanced Regional Development
  • Use of Local Resources
  • Improvement in per Capital Income
  • Improvement in the Standard