INTERNATIONAL JOURNAL OF RESEARCH CULTURE SOCIETY ISSN: 2456-6683 Volume - 2, Issue - 2, Feb – 2018 UGC Approved Monthly, Peer-Reviewed, Refereed, Indexed Journal Impact Factor: 3.449 Publication Date: 28/02/2018 Available online on - WWW.IJRCS.ORG Page 519 Policies and Practices of Entrepreneurship development Programmes in Himachal Pradesh Nand Lal 1 , Dr. Manoj Sharma 2 1 Senior Research Fellow, Department of Commerce, Himachal Pradesh University, Summer Hill, Shimla - 171005 2 Assistant Professor, Department of Commerce, Himachal Pradesh University, Regional Centre Dharamshala 1. INTRODUCTION: The concept of entrepreneurship has been around for a very long time. In the last two decades it has resurged. The concept of entrepreneurship is an age-old phenomenon that relates to the vision of an entrepreneur as well as its implementation by him. Entrepreneurship is a creative and innovative response to the environment. It is also the process of setting up a new venture. Entrepreneurship is a composite skill that is a mixture of many qualities and traits such as imagination, risk taking, ability to harness factors of production, i.e., land labour, technology and various intangible factors. Usually any one who runs a business is called an entrepreneur. The more precise meaning of entrepreneur is one who creates his own business, i.e., a person who organises, operates and assumes the risk of a business venture. An entrepreneur is a person who perceives a need and then brings together manpower, material and capital required to meet that need. Entrepreneurship implies a set of values, norms and traits that are conducive to the growth of a business enterprise. It is the organisational culture that focuses on new opportunities and creation of an organisation where these opportunities can be perused earnestly. An entrepreneur seeks the opportunities, looks for ways and means to capitalise on the newer opportunities by organising the structure and the resources and gaining control on them. As against this, a manager is primarily concerned with the resources under his control, the structure of his organisation and its relations to the market. He is also concerned with matching the opportunities with organisational abilities. The entrepreneurs are driven by the perception of opportunities. They seek changes in the political rules, social values, consumer preferences, technology etc. On the other hand resources like money, manpower and material they control, drive the managers. 1.1 Entrepreneurship: Definitions and Concept Entrepreneurship is an elusive concept that cannot be defined precisely. However, people having different interests have defined ‘entrepreneurship’ in a number of ways. Psychologists and sociologists are interested in why entrepreneurs act. Economists focus on “what happens when entrepreneurs act” Management experts focus on how the entrepreneurs act, in the characteristics of entrepreneurs and the manner in which they achieve their goals. 2. REVIEW OF LITERATURE: Abstract: Entrepreneurship involves a set of values, norms and traits that are conducive to the growth of a business enterprise. Entrepreneurship development Programmes with view to introducing the entrepreneurial culture at the grass root level and to promote self employment through establishment of tiny or cottage industries. Entrepreneurship development programmes and industrial awareness programmes are organized at various places across the state for the benefit of rural educated unemployed youth. In this paper attempts has been made to study the policies and practices to conduct entrepreneurship development Programs (EDPs) and current status of Entrepreneurship development programs. The study was based on secondary data. The secondary data have been collected from journals, internet, magazines, newspaper annual reports etc. The result shows that the maximum numbers of EDPs Organised in the year 2012-13 (21.53%) and maximum numbers of persons trained in the year 2012-13 (22.42%).The following years 2009 to 2013 by Institution organized EDPs are increasing and the participants are also interested to have undergone training under these Programmes. The government need to provide financial as well as others facilities like transport, communication, land, building, technology advancement and organize entrepreneurship development programmes or awareness programmes on different promotional activities and credit facilities for further expansion. Key Words: Enterprises, entrepreneurial process, problems