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ArticlePeer ReviewedOpen AccessPlagiarism Passed
Paper ID:IJSREM35051

Study on Aatm Nirbhar Bharat in Entrepreneurship development in India

Stream/Area:

-

Subject:

-

Paper ID:

IJSREM35051

Volume:

8 |

5 |

May 2024

Pages:

Publication Frequency:

Monthly (12 issues per year)

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Not assigned

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.

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Authors

RG

Rishabh Gupta

AK

Ajay Kumar

PDNM

Prof. Dr. NUPUR MISHRA

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Abstract

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

KEYWORDS

Aatmanirbhar Bharat entrepreneurial ecosystem resilience

Cite This Article

Rishabh Gupta, Ajay Kumar, Prof. Dr. NUPUR MISHRA, "Study on Aatm Nirbhar Bharat in Entrepreneurship development in India," International Journal of Scientific Research in Engineering and Management, vol. 8, no. 5, May 2024.

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12/31/45441

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Double-Blind Peer Review

Review Rounds: 2

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