Friday, July 31, 2015

Need For Entrepreneurship In India

Entrepreneurs In India

Nothing reads more encouragingly than the true success story of visionary entrepreneurs in India who started from nothing and rose to the top of their game over the years. The journey has not been easy with strikes, shortages of labour and manpower, policy changes, corruption and economic slowdowns rearing their heads at different points in the Indian growth story. We salute these all Indian entrepreneurs and hope they inspire some of us to achieve their drive and success.

Women Entrepreneurs In India

Women entrepreneurs, encompass approximately 1/3 of all entrepreneurs worldwide. Entrepreneurship is considered as one of the most important factors contributing to the development of society. India has been ranked among the worst performing countries in the area of women entrepreneurship in India - in gender-focused global entrepreneurship survey, released in July 2013 by PC maker Dell and Washington based consulting firm Global Entrepreneurship and Development Institute (GEDI). Of the 17 countries surveyed India ranks 16th, just above Uganda. Countries like Turkey, Morocco and Egypt have outperformed India. Status of higher education in women in India came out to be lower than most countries in the world. At present, women’s entrepreneurial role is limited in the large scale industries and technology based businesses. But even in small scale industries, the women’s participation is very low. As per the third all-India census of Small Scale Industries, only 10.11% of the micro and small enterprises were owned by women, and only 9.46% of them were managed by women. While the number of women operating their own business is increasing globally, women continue to face huge problems of entrepreneurship that stunt the growth of their businesses, such as lack of capital, strict social constraints, and limited time and skill.

Young Entrepreneurs In India and Job Creation

Young Entrepreneurs in India are very important for overall business development as well as in terms of job creation. Former President APJ Abdul Kalam has called for the inclusion of entrepreneurship in the educational curricula in the country.
entrepreneurs in india
“We need education that creates environment for entrepreneurship,” Kalam said at the city-based Entrepreneurship Development Institute in Ahmedabad.
The education system should introduce syllabus of entrepreneurship; students right from school to college need to get skills that can provide freedom,” he said.
According to PTI, the former President also stressed that banks should be pro-active in supporting innovations, he also requested leading banks to help young entrepreneurs in india The global community should focus on common issues like poverty, lack of education and poor healthcare, he added.
“Today, the challenge before the world is of poverty, including in India. We need to find solutions. It is the collective responsibility of the global community. Countries should start tackling common enemies like poverty, lack of education and poor healthcare,” he said.
There is need for an equal distribution of resources and we should focus on national, regional and global peace, he said.


N.B:- Story- Collected.