Authors : Madhumati Laxman Durge
Page Nos : 260-266
Description :
Entrepreneurship plays a significant role in the development of any country. Entrepreneurship acts as a pillar for the economic prosperity of a nation as it leads to generation of employment, contribution in national income, rural development, industrialization, technological development, export promotion etc. In India, the government from time to time for entrepreneurship development in the country has taken various initiatives. Indian Government and various state governments of India came up with good policies and schemes to encourage and empower Start-ups and Business Incubation Centers in India. In order to boost Start-up culture and innovative environment, the government of India initiated a “Start-up India Stand-up India” Scheme or a platform Entrepreneurship has attracted the attention of policymakers in India. A series of high-level initiatives, including Startup India, have been launched to launch to promote private sector development. However, the role of entrepreneurship in development remains a mystery for many policy observers. The main purpose of this paper is to study about Entrepreneurship in India and its Promotion Under 'Startup India Scheme’. Innovation and technology have played a crucial role in developing emerging markets, and strengthening ecosystems worldwide, especially in India. India has a vibrant startup ecosystem with supporting infrastructure, incubators, angel investors, venture capitalists, mentors and a conductive policy environment. The journey of startup India campaign has successfully nurtured a large number of startup firms in the country, and has enabled thousands of youth to be employed & fulfill their dreams of building a startup.
