Impact of entrepreneurship development programmes on economic aspects of trainees: Evidence from training centres in India

The aim of this research work was to analyze the impact of entrepreneurship development programmes (EDPs) offered by Rural Development and Self-Employment Training Institutes (RUDSETIs) on the economic aspects of trainees of these institutes. The researchers collected data from 386 respondents using a structured questionnaire through face-to-face interview, telephone calling and video calling. These training centres offer four types of EDPs designed to build entrepreneurial competencies. Yamane criteria (1967), multi stage sampling and proportionate sampling method was used to determine sample size. Data was analyzed using the Kruskal Wallis test, and one sample ‘t’ test to assess the impact of EDPs on the economic aspects of trainees. The results indicated that the EDPs have created high impact on the overall economic aspects of trainees. After analyzing the data, the impact created by EDPs on economic aspects are categorized as high impact, moderate impact and low impact. This study suggests training interventions on economic aspects with moderate and low impact in order to make entrepreneurship development programmes more effective. Based on the findings, this research work will be useful to the policy makers of Entrepreneurship Training Institutes (ETIs) to make advances in training content and design. Prospective trainees who would attend training programmes in the future would be beneficiaries of a robust training curriculum. The study will also encourage entrepreneurial intention, as the identification of economic aspects and the knowledge of the level of its impact is likely to contribute the social and economic progress of emerging economies.