Step 1: Understand the Entrepreneurial Development Programme in India.
The Entrepreneurial Development Programme in India aims to promote entrepreneurship and self-employment among individuals, especially the youth. It has led to the establishment of various institutes and programs to foster entrepreneurial skills.
Step 2: Evaluate the options.
- The initiative has been largely considered successful in terms of encouraging entrepreneurship, innovation, and the creation of new businesses.
Step 3: Conclude.
The correct answer is that the Entrepreneurial Development Programme in India has been successful.
Final Answer:
\[
\boxed{\text{Successful}}
\]