International Journal of Social Sciences & Economic Environment

International Journal of Social Sciences & Economic Environment

Online ISSN : 2456-7485

Frequency : Half Yearly

ECONOMY IS AN EFFECT – ENTREPRENEURSHIP IS THE CAUSE

*Mr. A. Chiranjibi Rambabu Achary, **Mr. Debasis Mohapatro, ***Mr. Debasis Mohanty

*Assistant Professor, School of Management Studies, GIET University, Gunupur, Dist: Rayagada, Odisha,    **Assistant Professor, School of Management Studies, GIET University, Gunupur, Dist: Rayagada, Odisha,    ***Assistant Professor School of Management Studies, GIET University, Gunupur, Dist: Rayagada, Odisha

Published Online : 2019-06-30

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ABSTRACT

Aim of the study: The aim of the study is to review entrepreneurial policy and its impact on the Indian economy.

Methodology: The prominence of research is assessed by the studying the recent government policy and analyzing content available on government and publication houses.

Finding: The flagship of entrepreneurship in India will not only boost the economy but also nullify the impact of the reservation systems. It will also generate job opportunity for unemployed youth and balanced regional development. And development does not occur spontaneously, a catalyst or agent is needed and this requires an entrepreneurial ability.

Managerial implications and scope for future work / limitations: The paper covers a considerable period of time (2014-2019). This study is a qualitative one, quantitative analysis can be done with the fact and figure to justify the authors claim.

Keywords: Economic development, innovation, entrepreneurship