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In the demanding and progressive world, progress takes shape thru application of new ideas to pestering socio-economic problems. Local community development which seeks to empower individuals and groups of people by providing them with the skills they need to effect change in their own communities. An enterprising characteristic among a local community of a particular place taking lead in resolving socio-economic issues can take shape of Community Entrepreneurship leading to the formation of Community-based Enterprise (CBE). In undertakings, individuals who are already members of some geographical community, act collectively to initiate and operate an enterprise in pursuit of their common purposes. Community members constitute the body of decision-making authority and have direct control of the enterprise's operations in these enterprises. This paper discusses the CBE of Udupi jasmine in Karnataka that has helped in the development of this area through community initiative. The paper begins with some discussion on the concept of development followed by detailed narration on the CBE model. In the later part, it speaks about the proposed CBE model vis-à-vis jasmine economy of Udupi. Finally some insights into the whole concept of CBE in the regional context is made to draw conclusions.

Keywords

CBE, Physical and Socio Economic Attributes.
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