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in Entrepreneurship Development Programme-Meaning, Objectives and Importance by (53.6k points)

How do Entrepreneurship Development Programmes help in providing encouragement to innovation and product diversification?

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Through entrepreneurship development programmes, innovation and product diversification is encouraged. New products, new technologies, new markets, new machinery and equipments are possible only through innovation and market survey. Under entrepreneurship development programmes, enterpreneurs are assisted to understand the prospects of various markets and are encouraged to perform further research and investigation.

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