BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

ENTREPRENEURIAL DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
EDP was first introduced in ____ in 1970.
A
Andhra Pradesh
B
Karnataka
C
Gujarat
Explanation: 

Detailed explanation-1: -EDP was first introduced in Gujarat in 1970. It was sponsored by the Gujarat Industrial Investment Corporation (GIIC). The EDPs are based on McClelland’s experiments in Kakinada district of Andhra Pradesh. In this experiment, businessmen were provided with motivation and training.

Detailed explanation-2: -It was the Gujarat Industrial Investment Corporation (GIIC) which for the first time started a three-month training programme on entrepreneurship development in 1970.

Detailed explanation-3: -The Centre for Entrepreneurship Development (CED)-A Government of Gujarat Organisation is the 1st of this kind in the country, established in 1979, engaged in promoting Entrepreneurship and Skill across the state of Gujarat.

Detailed explanation-4: -Entrepreneurship development programmes (EDPs) in India were started by SIET and Small Industry Development Organization (SIDO) through Small Industry Services Institute (SISl) and Industrial Development Bank of India (IDBI) and Technical Consultancy Organizations (TCOs).

Detailed explanation-5: -EDII was established in 1983 with the active support of the Government of Gujarat, IDBI Bank, IFCI Ltd, ICICI Bank and State Bank of India.

There is 1 question to complete.