"Significant Insights, Value Orientation, Evolving Role of Entrepreneurship in India’s Overall Economic Development"

Abstract

The driving force behind a nation's economic expansion is entrepreneurship. It boosts economic activity across all facets of peoples' economic lives. Examining the part that entrepreneurship plays in a nation's economic development is the major goal of the current study. One of the most populous nations, India, can benefit greatly from a rise in the economy thanks to entrepreneurship. Based on a survey of the literature on the historical elements of the rise of entrepreneurship in India as well as the most recent trends in this area. For the study, secondary data were consulted. It has been determined that India is ready for an entrepreneurial revolution and that entrepreneurship has significant potential for accelerating the country's economic growth. One of the most populous nations, India, can benefit greatly from a rise in the economy thanks to entrepreneurship. Based on a survey of the literature on the historical elements of the rise of entrepreneurship in India as well as the most recent trends in this area. For the study, secondary data were consulted. It has been determined that India is ready for an entrepreneurial revolution and that entrepreneurship has significant potential for accelerating the country's economic growth. For the growth of entrepreneurship in India, the government has periodically undertaken a number of initiatives. Policymakers in India are paying attention to entrepreneurship. To encourage the growth of the private sector, a number of important programs have been established, notably Startup India. Today, entrepreneurship is viewed as a key tool for industrialisation, development, and a solution to the enduring issue of unemployment. In this essay, an effort has been made to examine the growth of entrepreneurship in India as well as its role now in a country's progress.