A Study on performance of Startup India Schem...

A Study on performance of Startup India Scheme for Past five year

Author Name : Ms. Shalini Clayton, Mr. Murugan Nadar

ABSTRACT Entrepreneurship plays a significant role in the economic development of any country. Entrepreneurship acts as a pillar for the economic prosperity of a nation as it leads to generation of employment, contribution in national income, rural development, industrialization, technological development, export promotion etc. In India, various initiatives have been taken by the government from time to time for entrepreneurship development in the country. Entrepreneurship has attracted the attention of policymakers in India. Ours Honorable Prime Minister Narendra Modi, proclaimed on fifteenth August 2015, “Start Up India, stand up India” to promote Bank financing for start ups and offer incentives to boast entrepreneurship and job creation. The main purpose of introducing this scheme is to boost entrepreneurship among the people basically from Non-Farm sectors. It is the most ambitious plan by govt. Future of any country depends upon its manpower. More the number of employed people better be the economy.