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EDII REPORTS 121 EDII REPORTS 121

The Global Entrepreneurship
I n K a r n a t a k a , w h i l e 3 8 3
beneficiaries were trained, 328 set Monitor Survey
up their own business. A Buyer
Seller Meet (BSM) was organized by he Global Entrepreneurship Monitor (GEM) Survey is the world's largest annual survey of
entrepreneurial dynamics. GEM was started in 1999 and has since gained a reputation for the
the Vikasana Ins tute for Rural and Tcredibility and coverage of its research. The GEM-India Consortium is playing an important role
Urban Development to provide a
in probing the rapidly evolving nature and level of entrepreneurship in India, as the Indian
pla orm to promote networking. Entrepreneurial Eco-system grows stronger by the day. The GEM-India Consortium is also broadening
The sellers also got to know about its scope to include regional and state-level entrepreneurship institutions in order to maximise its reach
the emerging demands of the in researching the many facets of Indian entrepreneurship. EDII leads the India chapter of the GEM
market through their interac on survey.
with the buyers, thus working out
avenues for procurement of Since 2011, till now, EDII has brought out 9 GEM Reports. The GEM India Report is an outcome of
products and commodi es. collective efforts of GEM India consortium that strives to capture and understand the current state of
affairs in Indian entrepreneurship. The GEM India study is conducted using a well-established
research methodology that provides harmonised measures about individuals’ attributes and their
activities in different phases of entrepreneurship.
Kamalaveni's Entrepreneurial Resolve...
In November 2022, 32-year-old Kamalaveni came The GEM India study is conducted using a well-established GEM research methodology that is
across a banner in her village announcing a free one- consistent across all participating countries and generates a variety of relevant primary information on
month Handmade soap making training programme, different aspects of entrepreneurship, providing harmonised measures about individual's
to be conducted by EDII and Accenture. Believing her attributes and their activities in different phases of entrepreneurship. The key outcomes of research
reported in the book are relevant to researchers, policymakers, entrepreneurs and corporate houses.
ins ncts, she joined the programme. Very soon, not
only was she an adept in making soaps, but was also Release of GEM India Report 2021-22
determined to float her own enterprise, given the
Global Entrepreneurship Monitor India Report 2021-22 was released on Jan 11, 2023 during the
knowledge that she had gained. Kamalaveni was
19th Mee ng of Na onal MSME Board held at Vigyan Bhavan, New Delhi.
assisted in applying for Udyam registra on.
With the help of EDII, Kamalaveni connected with
suppliers in the neighbouring town, which made the
sourcing of raw materials easier and more cost-
effec ve. She started making small units of phenol
and natural soaps, and began selling them to
nearby shops.

As Kamalaveni's business expanded, her husband, developed faith in her venture and
started extending his support. Currently, Kamalaveni is supplying 25 phenol bo les per
week and earns a monthly income of up to Rs. 4000 to 5000. Kamalaveni's soap-making
business is also doing well. Her business has helped her become financially independent.
Today, she is an inspira on to several women in her village.

Kamalaveni's decision was becoming self-reliant and her efforts towards making her The GEM Report 21-22 was released by (in the centre) Shri Narayan Rane, Hon'ble Cabinet Minister, MSME in the
dream a reality has paid off. She plans like an entrepreneur today. She is op mis c and presence of (3rd from L) Shri Bhanu Pratap Singh Verma, Hon'ble Minister of State, MSME; (R - L) Shri S Raman, Chairman
& Managing Director, SIDBI, EDII Governing Board Member; Shri Anil Bhardwaj, Secretary General, Federa on of Indian
looks forward to learn con nuously so that she can take her enterprise to newer heights.
Micro & Small and Medium Enterprises (FISME), EDII Governing Board Member; Shri B. B. Swain, Secretary, MSME & EDII
Governing Board Member; Shri Sunil Shukla, Director General, EDII & Smt. Mercy Epao, Joint Secretary, MSME.

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