Open AccessSTART-UP VENTURES: EMERGING TRENDS AND IT’S IMPACT ON GROWTH & DEVELOPMENT OF INDIAN ECONOMY
Author(s) -
Rakesh Kumar,
Shilpi Tyagi
Publication year - 2021
Publication title -
ymer
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.103
H-Index - 5
ISSN - 0044-0477
DOI - 10.37896/ymer20.10/16
Subject(s) - government (linguistics) , the internet , entrepreneurship , business , marketing , public relations , venture capital , economic growth , economics , political science , finance , philosophy , linguistics , world wide web , computer science
Changes in the environment lead to generation of ideas to combat the difficulties related to particular time period. Concept of startup is not an exception of it. Various factors giving push for growth of startups in India includes Individuals urge on gaining professional qualification, mobile penetration and increasing internet connectivity, Government initiatives are some of the reasons that affect the decision of starting a venture. Government’s initiative of Make in India and Atmanirbhar Bharat has instilled some sense of confidence in young entrepreneurs to come up with business ideas and side by side Covid 19 pandemic has led to increase in number of ventures related Internet. Today’s environment seems to be more helpful to entrepreneurs in terms of government support. It is about the constant motivation individuals are getting from leader of the nation. No doubt journey to start a venture is not an easy task but continuous assurance from a leader makes people more confident. Startups in India are not only proving itself beneficial for nation’s economy but also for the individuals who are underemployed or are not satisfied with their current working situation and satisfaction is the key component in delivering the best in each and every sphere of life.