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Chapter: 12th Commerce : Chapter 25 : Entrepreneurship Development : Government Schemes for Entrepreneurial Development

Government Schemes for Entrepreneurial Development

Government of India’s Support for Innovation and Entrepreneurship in India

GOVERNMENT SCHEMES FOR ENTREPRENEURIAL DEVELOPMENT


Government of India’s Support for Innovation and Entrepreneurship in India

The Government of India has undertaken several initiatives and instituted policy measures to foster a culture of innovation and entrepreneurship in the country. Job creation is a foremost challenge facing India. With a significant and unique demographic advantage, India, however, has immense potential to innovate, raise entrepreneurs and create jobs for the benefit of the nation and the world.

In the recent years, a wide spectrum of new programmes and opportunities to nurture innovation have been created by the Government of India across a number of sectors namely,Agriculture, Chemicals, and Fertilizers, Finance, Commerce and Industry, Communication and Information Technology, Corporate Affairs, Culture, Food Processing, Housing & Urban Poverty Alleviation, and Science & Technology etc.

Financial assistance, insurance, subsidy, training, helps early stage tech start-up and business loans, special incentive is provided to set up new enterprises for entrepreneurs.

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12th Commerce : Chapter 25 : Entrepreneurship Development : Government Schemes for Entrepreneurial Development : Government Schemes for Entrepreneurial Development |


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