Rural Entrepreneurship in Assam: Prospects and Challenges

Entrepreneurship are driven to achieve success in their business along with the quality of leader, manager, innovator, risk taker, continues learner, decision maker and most important is to implement all these qualities into the work . This paper tries to focus on the study of prospect and challenges faced by rural entrepreneurship for development in Assam. Rural entrepreneurship has emerged as a dynamic concept. It is generally define as “entrepreneurship emerging at village level which can take place in a variety of field endeavor such as business, industry, agriculture and acts as a potent factor foe economic development”. Development of rural areas, have been linked to entrepreneurship more than ever before. Entrepreneurship is now regarded as a strategic development intervention that could accelerate the rural development process by institution and individual promoting rural development. Entrepreneurship stands as a vehicle to improve the quality of life for individual, families and communities and to sustain a healthy economy and environment. The majority of rural population depends, directly or indirectly on agriculture, fishery, animal husbandry or rural wages labor associated with plantations and ranches, along with ancillary activities linked to rural township.