International Journal of Agriculture Extension and Social Development
2019, Vol. 2, Issue 2, Part A
Improving agripreneurship in India: The impact of training and incubation programme
Dr. Shuchi Mehra
Agriculture forms the backbone of the Indian economy. Agripreneurship can help in the growth and development of the economy in a variety of ways. However, the sector is faced with problems relating to credit, infrastructure, marketing, technology, legal formalities and regulations etc. among which insufficiency of finance being the most important one. From the study, it becomes clear that despite the continuous efforts, there exists a substantial gap between the requirement of credit and supply of agricultural credit. The findings suggest that agripreneurs should be provided finance at concessional rates of interest and on easy repayment basis. Agripreneurs who are supported through training programmes have been actively participating in agricultural activities within the identified surveys. Entrepreneurial levels amongst the farmers were assessed as well as the problems that they believe hinder entrepreneurial spirit within the demography of the nation. Motivation into self employment include the need for independence, need for challenge, existing opportunities, need high job security, insufficient family income, role models and difficulty in finding jobs. Impediments to entrepreneurship have been indicated as follows: Lack of education and training, limited competency in managerial expertise, inadequate entrepreneurial services, inaccessible and distant markets, lack of infrastructure, financing, lack of business network, and limited access to information. Since this study aimed to develop an entrepreneurial framework to encourage agricultural entrepreneurship, the following recommendations have been made through this research paper to:
. Enhance the environment for entrepreneurship by creating the right culture and conditions for entrepreneurship.
. Create the right agricultural entrepreneurial policy.
. Invest in a high quality, integrated system of support services.
. Foster entrepreneurship education at all levels to ensure capacity building for diverse enterprises.
. Strengthen business to business networking opportunities.
. Monitor and evaluate entrepreneurship support interventions.