Socio-Economic Determinants of Growth of Rural Entrepreneurship in Sonitpur Distric of Assam- an Emprical Study

Dipanjan Chakraborty^1,

¹Department of Commerce Assam University, Diphu campus

Cite this paper:
Dipanjan Chakraborty. Socio-Economic Determinants of Growth of Rural Entrepreneurship in Sonitpur Distric of Assam- an Emprical Study. Journal of Behavioural Economics, Finance, Entrepreneurship, Accounting and Transport. 2014; 2(1):26-34. doi: 10.12691/jbe-2-1-4

Abstract

India is the fastest growing economy of the world but still there is a large area of darkness in the rural hinterland. Over 70% percent of our population lives in Villages areas and majority of people depend on agriculture for their livelihood. The pace of industrialization in Assam is slow and tardy. Thus, there is need to strengthen employment opportunities in the rural areas by promoting rural entrepreneurship. The present descriptive study is made in the Sonitpur district of Assam based on data collected from 288 rural entrepreneurs through structured schedule. The study analyses the impact of socio-economic background on growth of rural entrepreneurship. It was found that age, gender, qualification; annual income etc of rural entrepreneurs had a direct impact on the growth of rural entrepreneurship. The findings of the study suggest that there is a need for concerted efforts by the government and rural masses to enhance the growth of rural enterprises.

Keywords:
rural entrepreneurship rural industrialisation rural entrepreneurs

This work is licensed under a Creative Commons Attribution 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by/4.0/

References:

[1]	Barua A Nissar and Mali Archana (2011), “Entrepreneurship and Its Role in the Growth of Micro and Small Enterprises: A Case Study of Assam”, Small Enterprise Development, Management & Extension Journal, Vol. 38, No. 2, pp. 69-83.
[2]	Desai Vasant (2010), “Entrepreneurship and small business management”, Himalaya Publishing House, New Delhi, 2004.
[3]	Economic Survey, Assam, 2011-12, available at http://ecocstatassam.nic.in/ads_economic%20survey.pdf. Accessed on May 25, 2012.
[4]	Geetha and Govindappa (2011), “Socio-economic background and problems of entrepreneurs in Industrial estate: A case study of Industrial Estate in Davangere, SEDME, and vol. 38. No. 3. september, pp 1-41.
[5]	Kanitkar Ajit (1994), “Entrepreneurs and Micro-Enterprises in Rural India”, Economic and Political Weekly, Vol. 29, No. 9, pp. 25-30.
[6]	KumarJyoti and Lalhunthara (2012). “Socio-economic background of micro Entrepreneurs in Aizawal District, Mizoram.” SEDME, vol. 39. No. 2. June, pp-1-17.
[7]	Krejcie and Morgan’s formula of “Determining Sample Size for Research Activities”. Available at on 20th June, 2012).
[8]	Mohanty Sangram Keshari (2006). “Fundamentals of Entrepreneurship”, Prentice Hall of India, New Delhi.
[9]	Malkappa Ambala and Laxman Rajnalkar (2011), “Implementation and Impact of PMEGP scheme in Hyderabad Karnataka Region: A study, SEDME, vol. 38, no. 2. June, pp 53-67.
[10]	MSMED Act 2006, Ministry of Small Scale Industries, Notification, July 18, 2006, Government of India.
[11]	Mali, D.D. (1998), ‘Development of Micro, Small and Medium Enterprises of India: Current Scenario and Challenges’, SEDME Vol. 25, No. 4, December.
[12]	Nath Dwaraka H.D. (2013). “Strategies for employment generation in Rural India- a critical evaluation.” kurukshetra, vol. 61, no. 4, pp. 27-31.
[13]	Namboodiri K V N & Singh B M (2006), ‘Unleashing rural entrepreneurship’ Icfai university press, Hyderabad, p. 4.
[14]	Santana Krishnan R and Jegadeesan G (2008), Entrepreneurship and Rural Developmentin India, IUP, Hyderabad.
[15]	Sinha Harendra (2010), “Block administration without panchayat raj institutions: An Assessment in to the lunglei district of Mizoram,” kurukshetra, vol. 58, no. 12, pp. 44-47.
[16]	Srivastava Nirankar & Syngkon Rickey A. J (2008), “Emergence of Small Scale Industries and Entrepreneurship in the Rural Areas of Northeastern States of India: An Analytical.” The Icfai University Journal of Entrepreneurship Development, Vol. V, No. 2, pp. 6-22.