Sustainability of Rural Enterprises: Opportunities, Challenges and the Way Forward

  • According to the official data released on April 30, 2022, India has more than 63 million MSMEs out of which about 94% are Micro-Enterprises.
  • Rural Enterprises can be broadly classified into two types - Proprietial Ownership and Group Entrepreneurship that includes SHG's, Cooperatives and Producer companies.
  • Rural Industries Foster the appropriate utilization of local resources like raw material and labour for productive purposes and thus enhance productivity.
  • Government of India's Startup Village Entrepreneurship Program (SVEP) has been initiated with the purpose of assisting entrepreneurs to establish their businesses enterprises in rural India.
  • Rural Self Employment Training ....
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