International Journal of Management IT and Engineering
  • Year: 2022
  • Volume: 12
  • Issue: 2

Multi-dimensional inspection and identify the cruciality of entrepreneurship in primary sector: An evidence from Indian Economy

  • Author:
  • Abhishek Pratap Singh Sachan1,*, Murlidhar Panga2
  • Total Page Count: 8
  • Page Number: 10 to 17

1Assistant Professor, Department of Economics, Prestige Institute of Management and Research, Indore, Madhya Pradesh, India

2Professor, Department of Economics, Prestige Institute of Management and Research, Indore, Madhya Pradesh, India

*Author Correspondence: Dr. Abhishek Pratap Singh Sachan, Assistant Professor, Department of Economics, Prestige Institute of Management and Research, Indore, Madhya Pradesh, India, Email: abhishek_sachan@pimrindore.ac.in

Online published on 4 September, 2023.

Abstract

Agriculture has a large role in the Indian economy, with approximately 60% of the people relying on it and related industries. It not only provides a source of income, but it also meets the basic needs of both animals and humans. As a result, the agricultural sector contributes roughly 16 % of GDP. Cash crops, unlike Contrary to staple food cultivation, cash crops are used for commercial purposes and sold on national and worldwide markets. Although traditional entrepreneurship research has mostly ignored the agricultural sector, this situation appears to have changed in recent years as a result of research into new and diverse phenomena in several nations throughout the world. The goal of this study is to identify the several dimensional factors and the requirement of entrepreneurship in the primary sector and also investigate the current situation of agricultural entrepreneurship. This study is also investigating the importance and requirement of cash crop production by analyzing the current situation.

Keywords

Agri-Entrepreneurship, Entrepreneurial Strategies, Entrepreneurial Skills and Behaviour, Cash-Crop