Kerala:- It is good time to be entrepreneur

                Today when I started reading news paper, first news which struck me was Finance minister KM Mani’s announcement about the Kerala state self entrepreneur development mission. This is a great programme which aims at creating 50000 trained entrepreneurs in the state within next 5 years. Usually when I pick up news paper I will get irritated due to the amount of negative news . So this was a welcome relief for me.

For a state with plenty of untapped potentials this is really a great news. Atlast our government realized the importance of entrepreneurship . News further says that the training will be carried out with the support of Entrepreneurship development Institute [EDI] and government will give further financial support to setup the unit, up to 10 lakh for qualified individuals and up to 20 lakh for  group of five. EDI Ahemedabad is one of the leading institutes in India teaching entrepreneurship. They have plenty of experience in the field of training. So it seems like government is well prepared and have got good professional backing. Usually problem with the most of our projects is that it lacks proper planning.

Expected employment through the scheme is one lakh direct and five lakh indirect jobs. So that will be a big boost to economy and also we will not have to leave the state looking for job. If you look around Kerala you can seen in most houses there is only aged couples living alone as their children have gone out of the state. There are many social problems associated along this. So it is right time to create a project to boost entrepreneurship in kerala.

In kerala there is lots of talk about large projects. But for a high density state like kerala it will be better to have a large number of small projects which have the potential to grow into large ones eventually. This natural evolution of smaller ones will help to avoid problems associated with setting huge projects. 

The training for the first batch of budding entrepreneurs will start by February 6 and it will go on until target is achieved. I hope the projects will not be limited to IT sector we are already having too many of them. We need to concentrate on other areas like food, beverages, construction etc. we  cannot live only with information we need improvements and innovations in other fields also.

If you read the article written by minister himself , you will feel his expectation and enthusiasm. He is talks about every nook and corner of Kerala throbbing with entrepreneurship, youngsters with energy creating jobs for themselves . So we get a feeling that we are reading about something special, that could change the face of state.  If media and banks support the initiative then the project will be a sure shot success. Not that every units created will be successful. Some may take off others may not. Even if success is one in ten it will be a great achievement. We can all wait and watch whether experienced minister KM Mani will be able to achieve the target within time and without any black marks.