Context
A research paper from Dublin City University in Ireland, reviewing India’s entrepreneurial policy Startup India, affirmed its positive impact in reducing regional entrepreneurial disparities.
Background
Analysis
What is a Start-up?
Venture Capitalist: is a private equity investor that provides capital to companies with high growth potential in exchange for an equity stake. |
Why is India seeing the rise of start-ups?
How can Start-ups help the Indian Economy?
Example of above is the availability of online e-commerce platforms to traditional artisans who can now more easily reach their customers.
Why start-ups are not a complete panacea to India’s economic woos?
Why do start-ups fail?
|
Way Forward:
Start-ups are the new growth engines and money multipliers in the economy and hence they deserve to be promoted. Though giving them a complete free hand and living their employees out of labour legislation is not feasible. This would only create a situation that will lead to concentration of wealth in the hands of few.
Complete reliance on Start-ups for economic growth cannot be made as they too are and can be hit by business cycles and face contraction and/or closure.
More Articles
Verifying, please be patient.