Entrepreneurship Development in Kulathur Taluk of Pudukkottai District

Abstract

Entrepreneurship is one of the most important factors of the economic development of a country or regions within the country. It is true that the entrepreneurial competence makes the difference in the rate of economic growth in India, state and private entrepreneurship co-exist. At present both state and central governments have been taking certain priorities in extending incentives and concessions for the development of states, districts and talukas. Manmohansingh (1994) a former union finance minister of our country has announced five years tax holiday to new industrially undertakings, which was initially allowed to industrially backward states and districts to be notified by the Department of Revenue. In this context, an increasingly important role has been assigned on the identification and promotion of entrepreneurship in backward districts. Many studies on the subject have identified which are influenced the growth of entrepreneurship. Like Haidmani (1985), Sharma (1985), Gangadhara Rao (1986), Richard P. Taup and Morries L.Taup (1986), Bhanusali (1987), Thangamuthu and Manimekali (1989) and Narasimha Murthy (1989) have findings, entrepreneurship development is related with the availabilities of raw materials, markets, skilled labours, Government policy (incentives, concession and subsidies) and infrastructural facilities like road, transport, communication, power, water, etc. Apart from these facilities it is also depends on the social background, experience, availability of finance etc. All these studies tend to show the location of a particular factory depends not only on economic factors but also on some non-economic factors which are to be considerably properly. This study is based on the objectives: 1). To find out the socio-economic condition of in Kulathur taluk of Pudukkottai district. 2). To study the pattern of distribution of entrepreneurs and concentration of entrepreneurship in particular line of production and in particular geographical area of the study area. 3). To analyse the performance of the entrepreneurial activities in terms of investment, production, employment, capacity utilisation, turnover, and profit in the study area. 4) To examine the awareness of various provisions of new industrial policy among the entrepreneurs in the study area. 5). To find out the problems of the entrepreneurs in Kulathur taluk of Pudukkottai district.