Entrepreneurship and Skill Development | Original Article

ABSTRACT:

The origin of the word 'entrepreneurship' is 'established in the Latin language, from the words prehend ere and dread. The lack of properly skilled work across numerous industries is emerging as a critical and complex challenge to India's development and future. According to NASSCOM, every year more than 3 million alumni and post-graduates are added to the Indian labor force. In any case, of these lone 25 percent of specialized alumni and 10-15 percent of different alumni are viewed as employable by the quickly growing IT and ITES sections. Government began ESDA (entrepreneurship and skill development association) for the development of entrepreneur. In this investigation we had zeroed in on ESDA and authority and undertaking development program, skill development, workshop, seminars and gatherings for the skill development of entrepreneur, basic thinking, legitimate parts of business and afterward it is concluded that development of an entrepreneur implies inculcating entrepreneurial qualities in an individual, imparting imperative information, developing the specialized, administrative, financial and marketing skills and building the entrepreneurial mentality.