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VIPANI (AN ENTREPRENEURSHIP DAY)

REPORT

ORGANIZED

BY

DEPARTMENT OF COMMERCE

GOVT. DEGREE COLLEGE FOR WOMEN

Sangareddy, Medak Dist.-502001

Telangana State

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VIPANI

(ENTREPRENURESHIP DAY)

Report

Introduction:-

“VIPANI - An exhibition cum sale of handicraft items and food items by the students.”

Given the increasing significance and visible impact of entrepreneurship in wealth

creation and employment generation, Department of commerce is organizing VIPANI (an

Entrepreneurship Day) every year since 2012-13. This program helps the students to develop

team work, entrepreneurial, leadership, communication skills and also helps to earn while

learning. It is one of the best practices of the department and institution. All the departments

participate in this program. Detailed report of which is as follows.

Purpose:

To make the students earn while learning and to make them self-sufficient.

To impart entrepreneurial skills.

To inculcate dignity of labour.

To bring out innovative ideas and inherent skills of students.

To inculcate the concept of waste management technique.

To help inculcate healthy competitive spirit.

To instill the spirit of start-ups for self-employment.

To exchange views about the skills required to be a successful entrepreneur.

Context:

Since many students belong to rural areas and first generation learners they don’t have

exposure to entrepreneurial skills. Though theoretical knowledge is provided in class they

lack practical knowledge. So, such an event provides an opportunity to get them exposed to

the practical problems, they need to encounter while dealing with business transactions.

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Practice:

Prior to the event a workshop is conducted to exchange ideas relating to various

entrepreneurial skills required for marketing of goods and services and to make best use

of low cost materials and scrap . Later on one day is allotted for conducting the event.

On the day of event students display and sell following items:

Coin exhibition: Coin exhibition is one of the attraction in the program.

Department of Commerce and Economics display collection of currency notes

and coins of different countries. It has a collection of Indian evolution of all coins

from ancient age copper coins to current age coins.

Food zone: Traditional homemade food items, as well as fast food items like

panipuri, kachori, veg Manchuria etc will be sold by students. They even cook

samosas, mirchi bajji, stuffed sweet rotis (puran poli) on the spot and serves hot.

Sorgam (jawar) rotis prepared on traditional chulas is the most popular item of the

event bagging first prize every year. Women from neighbour community also

visit and purchase these items.

Handicraft items: The students display and sell very attractive greeting cards

prepared in an artistic way. Greeting card stall is another center of attraction of

the event. Hand bags, cell phone pouches, flower vases, decorative ornaments

prepared beautifully using beads, sarees, dresses, kurthies, embroidery items,

paintings etc. will be exhibited and sold.

Mehindi Design and Beauty Parlour: Mehindi design and beauty parlour

services also will be provided by students on that day.

Fun Zone: Students play tambola, pin the horse, pick the coins, hit and win

games etc.

Entertainment Zone: Students show fun videos, conduct manpasand program

where songs will be dedicated on request. They conduct dance programs on

challenge. Apart from our students, outsiders also participate enthusiastically in

this program.

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Evidence of success:

Firstly students cultivate organized way of doing things.

It enhances competitive spirit, above all it provides them considerable income to meet

their expenses.

Helped in waste management techniques.

Particulars of last two years earnings are as follows:

S. No Year No. of stalls

installed

Total

turnover Profit Profit %

1 2012-13 25 Rs.26,400 Rs.12,672 48%

2 2013-14 32 Rs.33,600 Rs.15,120 45%

3 2014-15 26 Rs.28,000 Rs.11,500 41%

Problems encountered:

Due to lack of permanent stalls or a hall, this event is restricted to one day only. All

items need to be arranged in the morning and by evening they have to be removed. If

permanent stalls and proper security can be provided it can be continued for two days.

Impact:

Many students felt that this program is beneficial to them. It helped in earning some

amount which can be used to meet their academic expenses. They even expressed that with this

even they gained and improved necessary entrepreneurial skills and team work. Evidence was

based on the feedback and financial statements prepared by them.

CONVENOR PRINCIPAL

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Handicraft – Handbags stall

FMCG stall

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Flower vases - Handicrafts stall

Making Jawar Roti

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Students participation in Vipani

Principal observing food stall

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Fast food stall

Students participation in cultural activities

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Fun zone – Chief Guest playing hit and win game

Coin Exhibition by dept. of Commerce and Economics

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