Splint International Journal Of Professionals
  • Year: 2017
  • Volume: 4
  • Issue: 3

Entrepreneurship development in India: Opportunities and challenges

  • Author:
  • Sushil Kumar Singh1, Pravesh Ram2
  • Total Page Count: 7
  • Page Number: 75 to 81

1Assistant Professor, Department of Business Management, IGNTU, Amarkantak, Madhya Pradesh, India

2Research scholar, Department of Business Management, IGNTU, Amarkantak, Madhya Pradesh, India

Online published on 20 March, 2021.

Abstract

The development of entrepreneurship is directly concerned with economic development of the nation by contributing in national income and employment generation. It is contributing about 60 percent employment share in developed countries. The government is continuously promoting the entrepreneurship development for eradicating the problem of employment and poverty. India has major opportunities for development of entrepreneurship. There are numerous sectors of business remains undeveloped. That is now creating new scope for development of entrepreneurship in India. Instead of huge entrepreneurial opportunities, country has challenges for its development. Infrastructure and lack of entrepreneurial competencies is the most affecting challenges in front of Indian entrepreneurs. In this paper, researchers are trying to present the major challenges and burning opportunities of entrepreneurship development in India.

Keywords

Entrepreneurship, Infrastructure, Economic Development, Employment