ENTREPRENEURSHIP AND STARTUP POLICY OF INDIA AND ITS IMPACT

Abstract

An entrepreneur always searches for change, responds to it and exploits it as an opportunity’ – Peter F.Drucker. This is a very famous explanation describing an entrepreneur. When an entrepreneur ideates new business or come up with new solution for an existing problem, he/she becomes a Innovative entrepreneur. When a new business idea gets converted into scalable economic model having potential market share, within a short span of time, it is termed as Start-up. Our Indian Government is promoting Entrepreneurship and Startup activity even at Higher education institutions. This paper tries to find out the various policies framed by the government in promoting entrepreneurship and startup which was instrumental in climbing the Global Innovation Index.