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Saturday, March 6, 2010

Identifying provisions of entrepreneurship in the policy framework of Govt. of Rajasthan for SMEs

Dear Readers or future entrepreneurs in agri-business,
The following article is being referred & reframed for ease of crucial information in reference of Policy pacakage & Agri-Business Policies of Rajasthan 2009. It is useful for those entrepreneurs who is interested to take initiation in the field of agro-business.
The article highlights the key provisions available in the entrepreneurship promotion policy framework of Government of Rajasthan. The motivation & encouragement of entrepreneurs available with government is focused through general approach, policy package of the state for MSME, and in draft of Agro Industries Policies 2009. The state would strive to encourage handloom units function as cooperative bodies, to utilize services of agencies of national repute and experience in cluster development to develop micro, small enterprises clusters; to provide appropriate support to geographically dispersed unique and individual enterprises; to facilitate micro, small enterprises, handicrafts and handloom units achieve optimum level of operation /productivity through design and technological intervention, financial assistance, marketing support and procedural simplification so as to provide global market competence and competitiveness. Agriculture in the basic sense of produce of the field is hardly remunerative to the farmer. With over 60% population of the State depending upon it for livelihood, it is imperative that it should be made sustainable and remunerative. In other words agricultural operations must strive for value addition created through diversification of use of produce and emphasis on quality production. Bold measures now need to be taken to encourage agri business and industries based on agricultural produce so that producer gains significantly in returns. The major area of the state is characterized by arid and semi-arid climatic conditions with low, erratic and uneven distribution of rainfall. Out of a total of 21.6 mn have cropped area that with assured irrigation is just 6.4 mn hectares, implying a high dependence on the monsoon. Despite this drawback, the State is the leading producer of coarse cereals, pulses, gram, oilseeds and seed spices and also ranks first in the livestock population in the country. A huge untapped opportunity thus lies waiting for prospective investors and collaborators, in conventional and new agricultural initiatives in a host of high-value segments. There is a high degree of correlation between SGDP growth rate and developments in the agriculture sector. But for any significant increase in agricultural incomes new investment from the private / corporate sector is essential along with public investment.

Thanks & all the best.
Raghvendra & Sandeep

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