http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/858 Fri, 15 May 2026 14:59:30 GMT 2026-05-15T14:59:30Z http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/888 Success of Indian Entrepreneurship and Need for Localisation in the Post-Globalisation Era Savlani, Hasmukh This paper, in part - I, identifies the major factors responsible for the success of Indian Entrepreneurs in the post-globalization era, and subsequently cautions, in part - II, for the rapid pace of globalization of entrepreneurial endeavours. Wed, 09 Feb 2005 00:00:00 GMT http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/888 2005-02-09T00:00:00Z http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/887 Liberalisation and its Impact on Urban Informal Sector Roy, Tanuka Development is a dynamic chain of interrelations involving economy, human ware and material processes. The path to economic prosperity vis-à-vis policies and processes has changed over the years in search of alternative strategies for sustained growth. Since July 1991, with the then government coming to power, substantive reforms have been introduced in the industrial and trade policies, with objectives of making the economy more efficient and competitive. The basic philosophy of economic reforms was to accelerate the tempo of economic development of the country and to strengthen the competitive efficiency of our industrial sector. The major objectives of these reforms, according to the government were: (i) correcting economic imbalances and structural rigidities, (ii) ensuring sustainability of growth pattern, (iii) reducing budget deficits, and (iv) encouraging competitive forces through diversification of the country’s external sector. Though many economists have accepted the fact that the new economic policies have created a notable contribution to the Indian economy but it has also invited observations of the economic reviewers. Some opined that ongoing new economic policies are likely to substantially increase affliction in the small enterprise and urban informal sectors. The unorganised sector, which is the major source of female employment, had compelled them to take up low paid jobs or undertake more strenuous jobs for an identical pay. In India, it is always the women workers who face the layoff whenever there is an attempt to curtail the size of the personnel. Not only that the poor and vulnerable sections of urban informal sector are seen to be adversely affected like loss of employment, rising prices, increasing sickness in micro-enterprises, poverty and so on, the urban economy is also going to succumb to easy entry of foreign goods, low reliance on indigenous resources and negligible capital investments. Characteristics like labour intensiveness and uncompetitive unregulated markets will have its toll on the informal sectors. This paper attempts to develop an understanding of the nature and extent of the impact of liberalisation on the urban informal sector. The paper has also explored the interface between liberalised economic policies and the informal sector. The problems and prospects of workers, particularly the women in the urban informal sector in the context of opening up of the economy have been reviewed. The limit and prospects of urban informal sector in the changing economic scenario is also examined in its present context. Wed, 09 Feb 2005 00:00:00 GMT http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/887 2005-02-09T00:00:00Z http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/886 Latent Opportunity for Indian Entrepreneur in Global Market: A Case Study of Ayurvedic Industry Trivedi, Rohit H In the world Ayurveda market, share of Indian entrepreneurs is only 5% with Rs. 4000 crore. If India gets its act together, it can become a major player in the global market for herbal based medicines. Exports of herbal materials and medicines can jump from just Rs. 446 crore now to Rs. 3500 crore by 2006. And, with a "grand strategic plan", exports can shoot to Rs. 10,000 crore by 2010. The international market for such plants is more than $60 billion a year, and growing at a rate of seven per cent. Finding opportunities in the international market and standard preparations to be developed with quality, efficiency and effectiveness of the traditional drugs are the bottom-line solutions for ayurvedic entrepreneur of India. Wed, 09 Feb 2005 00:00:00 GMT http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/886 2005-02-09T00:00:00Z http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/885 Entrepreneurship in the Tanzanian Informal Sector: Formalise or Not Formalise? Ngowi, Honest Prosper The role of the informal sector in the development process is highly recognised and acknowledged. The sector contributes significantly to the production and distribution of goods and services. It creates employment and income to a substantial number of people. The sector is, however, blamed for inter-alia, not following rules and regulations of their countries. It is also seen as missing potential benefits of formalising. There are opinions that formalising costs are higher than the benefits. The paper discusses some potential and actual benefits and costs of formalising entrepreneurship in the informal sector in Tanzania. It is concluded that the informal sector is not a problem but an opportunity. It should be allowed to co-exist with the formal sector. In case of a need to formalize, the process has to be gradual and participatory in nature. Wed, 09 Feb 2005 00:00:00 GMT http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/885 2005-02-09T00:00:00Z