Entrepreneurial Growth

ENTREPRENEURIAL
GROWTH
IN INDIA

-M.INFANTINA SANRA IVA
II-B.COM
II-

Contents:
ENTREPRENEURSHIP IN INDIA:
-DURING PRE-INDEPENDENCE PERIOD
-DURING POST INDEPENDENCE
SCOPE OF ENTREPRENEURSHIP IN
INDIA
FACTORS AFFECTING THE GROWTH
ENTREPRENEURSHIP INIATIVES IN
INDIA

INTRODUCTION:
INDIA IS A NATION SETTING OUT ON A PATH
OF SUSTAINED ECONOMIC GROWTH FOR
DECADES TO COME.
ENTREPRENEURSHIP IS NECESSARY FOR
FUELING IDEAS AND CHANGING THEM INTO
EVOLUTIONARY OR REVOLUTIONARY
PRODUCTS.
IT IS AN INTERACTIVE ACT WHICH MOBILISES
HUMAN RESOURCES FROM ONE LEVEL OF
PRODUCTIVE USE TO HIGHER LEVELS.

ENTREPRENEURSHIP IS THE PRIME MOVER
OF A NATION. IT INCREASES THE
INNOVATION IN AN ECONOMY WHICH
BRINGS EVOLUTION IN THE SOCIAL
SYSTEM.

ENTREPRENEURSHIP GROWTH IN
INDIA:
DURING PRE-INDEPENDENCE PERIOD:
INDIAN ENTREPRENEURSHIP COULD BE
TRACED BACK FROM EARLY AS THE RIG VEDIC
PERIOD.
ORGANISED ENTREPRENEURIAL ACTIVITIES
WAS OBSERVABLE AMONG THE INDIAN
ARTISANS IN THE RIVER BASIN CITIES LIKE
BANARAS & ALLAHABAD.
THE CREDIT OF ADOPTING & EXPANDING THE
BUSINESS WAS IMPLEMENTED BY THE PARSIS
BY SETTING UP TEXTILE INDUSTRIES.

DURING PRE-INDEPENDENCE PERIOD:
THE LUKEWARM ATTITUDE OF THE
BRITISH GOVERNMENT AND THE
EXORBITANT DUTIES IMPOSED
STAGNATED THE GROWTH OF INDIAN
ENTREPRENEURSHIP.
IN THIS PERIOD PARSIS HAD
CONTRIBUTED NEARLY 43%, HINDUS
24%, MUSLIMS 10% AND BRITISH
CITIZENS 23% TOWARDS THE GROWTH.

ENTREPRENEURSHIP IN INDIA:
DURING POST INDEPENDENT PERIOD:
AFTER TAKING THE LONG SIGN OF POLITICAL
RELIEF IN 1947, THE INDIAN GOVERNMENT
SPELLED A SCHEME FOR ACHIEVING A
BALANCED ECONOMIC GROWTH.
THE GOVERNMENT TOOK VARIOUS
IMPORTANT MEASURES SUCH AS:
- ENCOURAGING THE TEMPO OF
INDUSTRIALISATION BY SPREADING
ENTREPRENEURSHIP
- DISSEMINATING THE ENTREPRENEURSHIP
ACUMEN CONCENTRATED IN A FEW
COMMUNITIES TO A LARGER NUMBER OF
INDUSTRIALY POTENTIAL PEOPLE OF VARIED
SOCIAL STRATA.

DURING POST INDEPENDENT PERIOD: