SEED BED OF

ENTREPRENEURSHIP
SUBMITTED BY- GURLEEN KAUR (2017300122)
SUBMITTED TO- DR. KAWAL NAIN SINGH
Small business as a seed bed of
entrepreneurship. Seed bed refers to
preparing of soil for sowing of seeds so
that we may have good crop. Small
business is regarded as a seed bed of
entrepreneurship, as it provides
conducive conditions for the emergence
and growth of entrepreneurs, as these
can be started with less investment &
use local resources to mainly catter the
local demand.
Small Scale Industries
According to fiscal
commission – 1950: “A
unit operating with hired
labor, usually 10 to 50
hands”.
According to SSI board
-1955: “A unit employing
less than 50 persons if
power and less than 100
persons without the use
of power and with the
capital investment of
rupees 5 lakh”.
Steps in setting up of SSI
Prepare a business plan.
Selection of product.
Location of an enterprise.
Arrangement of finance.
Provisional registration.
Installation of plant and machinery.
Permanent registration.
Profit generation.
Nature of small business units in
india
In India, village and small industries sector
consists of both the traditional and modern small
industries. This sector has 8 sub groups which are
1. Handlooms
2. Handicraft
3. Coir
4. Sericulture
5. Khadi
6. Small scale industries
7. Village industries
8. Power looms
 Role of SSI
Supports the
Balanced 40% of
Employment growth of
regional exports
generation large
development
industries

Mobilization of
80% of Better Promotes
resources and
industrial industrial exports
entrepreneurial
employment relations
skill

Equitable
indigenization distribution of
income
Small scale enterprises can be started with lesser
investment which can be contributed by the
promoters or arranged from friends and relatives.

Due to small scale the risk element is also less.

As these units are based on local resources due to

which there is no problem regarding their
availability.

Due to labor intensive units the employment

generation opportunity is good.

Small business units also help in the development

of backward areas of country.
Problems face by SSI
Finance
Raw material
Technology
Idle capacity
Infrastructure
Marketing
Under untilisation of capacity
Skilled man power
Project planning
Managerial inadiquencies
Unorganised
Obtaining environmental clearence
Arranging security and gurantee.
Insufficient market research,
linkages, and design inputs.
Role of government for promoting
SSI
SIDBI
RESERVATION POLICY
CONCESSION IN CENTRAL EXCISE
SALE TAX EXEMPTION
SUPPLY OF RAW MATERIAL
FINANCE INCENTIVE
INDUSTRIAL ESTATES
MARKETING ASSISTANCE
PURCHASE ASSITANCE
THANK YOU