Study on Aatm Nirbhar Bharat in Entrepreneurship development in India
Rishabh Gupta, Ajay Kumar
Under the guidance of Prof. Dr. NUPUR MISHRA
School of Finance and Commerce
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
Key words:- Aatmanirbhar Bharat ,entrepreneurial ecosystem, resilience
