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Stream/Area:
-
Subject:
-
Paper ID:
IJSREM35051
Volume:
8 |
5 |
May 2024
Pages:
Publication Frequency:
Monthly (12 issues per year)
License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.
India’s vision of Aatmanirbhar Bharat, or self-reliant India, has sparked a renewed focus on fostering entrepreneurial development as a key driver of economic growth and resilience. This abstract delves into the multifaceted strategies and initiatives aimed at nurturing a vibrant entrepreneurial ecosystem in India within the framework of Aatmanirbhar Bharat. At its core, Aatmanirbhar Bharat seeks to empower entrepreneurs by creating an enabling environment that encourages innovation, competitiveness, and self-sufficiency. This entails addressing various challenges such as access to finance, infrastructure, skilled workforce, regulatory hurdles, and market access. Key initiatives under the Aatmanirbhar Bharat umbrella include the Atmanirbhar Bharat Abhiyan, Startup India, Make in India, Digital India, and Skill India, among others. These initiatives are designed to provide crucial support and incentives to entrepreneurs across sectors, fostering a culture of innovation and risk-taking. The role of government policies and reforms cannot be overstated in shaping the entrepreneurial landscape. Measures such as simplification of regulations, ease of doing business, fiscal incentives, and support for research and development are instrumental in creating a conducive environment for startups and SMEs to thrive. Furthermore, fostering entrepreneurship requires concerted efforts to promote inclusivity and diversity. Initiatives aimed at empowering women entrepreneurs, rural startups, and marginalized communities are pivotal in harnessing the full potential of India’s entrepreneurial talent pool. Collaboration between government, industry, academia, and the startup ecosystem is essential for driving sustained entrepreneurial development. Public-private partnerships, incubators, accelerators, and innovation hubs play a crucial role in nurturing and scaling startups, providing mentorship, networking opportunities, and access to markets
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Publication Date
12/31/45441
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
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Conflict of Interest
The authors declare no conflict of interest related to this research work.
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