Entrepreneur Cell

The general mindset of our community is to depend on services that we are getting out of reservations. However, due to globalization and privatisation, the socio-economic structure of society as a whole has considerably changed and it has become difficult to get jobs. (the process has already started) Naturally, we have to lay the way in business, trade & entrepreneurship, for the coming generation. We must prepare our community to have a substantial stake in this field which will definitely safeguard the socio-economic interest of the coming generation in future.

Due to globalisation, the world has come closer & the globe has become market. We can avail this facility of the market by satisfying the needs of the community. The rules, regulation, market position, demands, need supply & availability of raw material, the machinery & equipment required for production & the detail process can be assessed through the internet. Besides the world of advertisement captures the sentiments of the customer, creating demands which can be linked up with sales. The products which otherwise were hard to get the market is having many options for sale due to a free & competitive market.

The government of India has notified that 4% procurement of annual requirement for goods & services by all Central Ministries, Public Sector Undertaking will be from Micro & small enterprises (MSE) owned by SC/ST entrepreneur. The policy will become mandatory from the year 2015 onwards. Besides both Central & state government has given many facilities to backwards classes for establishing a new business.

In the era of globalisation, to be an entrepreneur has become a sign of prosperity. Therefore it is felt that engineers upcoming from our community should jump into the field of business, trade & entrepreneurship. BANAE has already created an “Entrepreneur Cell” to help and cater guidance to develop & establish a business. It is requested to contract Er. Prafulla Wankhede Joint Secretary BANAE (Mobil No. 9822693727) in this regards.