{"id":5711,"date":"2022-07-07T09:25:26","date_gmt":"2022-07-07T09:25:26","guid":{"rendered":"https:\/\/www.indifi.com\/blog\/?p=5711"},"modified":"2022-07-07T10:10:15","modified_gmt":"2022-07-07T10:10:15","slug":"what-are-esdps-set-up-by-the-government","status":"publish","type":"post","link":"https:\/\/www.indifi.com\/blog\/what-are-esdps-set-up-by-the-government\/","title":{"rendered":"What Are ESDPs Set Up By The Government ?"},"content":{"rendered":"\n
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ESDP (Entrepreneurial Skill Development Program) is an entrepreneurial programme that develops entrepreneurship skills in individuals by training them in several areas of business. These individuals usually start an MSME or small-scale business after completing their training programme.\u00a0<\/p>\n\n\n\n

Entrepreneurs’ skills include the development of business skills and knowledge. The economic growth in India is mostly dependent on the country’s youth. Also, there has been a rise in self-employment awareness as more and more individuals are focussing on grooming their entrepreneurship skills.\u00a0 Even the government is dedicated to helping such individuals through its entrepreneurship development programmes.\u00a0<\/p>\n\n\n\n

Entrepreneurship development programmes are conducted for the youth and interested individuals to establish their own businesses and self-employment ventures. These programmes are offered through educational institutions such as polytechnical colleges, ITIs and other technical institutions and business schools. The entrepreneurship skills and talents are honed in these programmes and the individuals are motivated to come up with self-employment ideas.<\/p>\n\n\n\n

Also Read: Steps To Register A Startup In India. Check Eligibility, Documents & Benefits<\/a><\/p>\n\n\n\n

One of the key objectives behind the scheme is to motivate youth representing economically and socially backward sections. Also, ex-servicemen, physically challenged, women, and individuals belonging to BPL (Below Poverty Line) can enrol in these programmes to explore self-employment opportunities. These programmes also support new enterprises and work on developing the production capability of MSMEs that are already functional. They also try to build a culture and environment in the country where entrepreneurs can thrive and grow successfully.\u00a0<\/p>\n\n\n\n

Also Read: Ways To Manage Your Cash Flow As A Small Business owner<\/a><\/p>\n\n\n\n

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