1Dr. Shuvendu Dey, Head, Dept. of Business Administration, Siliguri Institute of Technology, Salbari, Siliguri, 734009, Em: shuvendudey@gmail.com, Mob: 9434019648 (M)
2Santana Guha, Asst. Professor, Dept. of Business Administration, Siliguri Institute of Technology, Salbari, Siliguri, 734009, Em: santanaguha@gmail.com, Mob: 7908232314 (M)
3Paramita Choudhury, Asst. Professor, Dept. of Business Administration, Siliguri Institute of Technology, Salbari, Siliguri, 734009, Em: paramitac2019@gmail.com, Mob: 9474516443 (M)
Online published on 25 August, 2021.
Entrepreneurship is ever more considered to be essential to development of a region. Policymakers have recognized the association between entrepreneurship and economic development. Yet little attention is given to why this relationship has not been harnessed properly for the economic development of the eastern region, especially the North Eastern region. This paper tries to study and understand the potential opportunities and challenges faced by entrepreneurs in these parts of India. The study, being exploratory in nature, utilizes secondary research for the purpose. The study reveals that in general eastern region, particularly the North Eastern region, lacks in entrepreneurially induced development. Many factors are responsible for this situation foremost being governmental apathy, lack of access to capital and government funds, high investment costs, political unrest, insurgency, law and order problems, union related issues, infrastructural issues etc. This paper is an attempt to offer useful information for policymakers, practitioners and scholars.
Eastern Region, Entrepreneurship, Development, Government
