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MEANING Development of entrepreneurs means inculcating
entrepreneurial skills required for setting up operating business units.
It is an organised and ongoing process of enhancing the motivation, knowledge and skills of potential entrepreneurs, arousing and reforming the entrepreneurial behaviour in their day-to-day activities.
IMPORTANCE
CAPITAL FORMATION GENERATION OF EMPLOYMENT BALANCED REGIONAL DEVELOPMENT CONSUMER WELFARE
IMPORTANCE
IMPROVEMENT IN LIVING STANDARDS ECONOMIC INDEPENDENCE INCREASING PRODUCTIVITY REDUCTION IN INCOME INEQUALITIES
SIGNIFICANCE
Helps to Face Competition CHANGES AND INNOVATION Government Revenue INCREASING THE EXPORT TRADE