Startup India: A Boon For Entrepreneurs
By Team Legistify / 2017-07-05
Entrepreneurship is no doubt key to sustained economic growth, some even call it a new wave of the industrial revolution. Governments across the globe are seeking to foster the entrepreneurial spirit. Startup creates conditions that encourage individual innovation which gives boon to the Entrepreneurs.

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Giving impetus to new ventures, the start-up India campaign generates momentum for entrepreneurship among the budding youth of the young nation. This digitization age would be called the epoch of free enterprise in the history of India.

Propelling young India to take charge and create jobs

India has the world’s largest youth population, according to a 2014 UN report.

“Never before have there been so many young people. Never again is there likely to be such potential for economic and social progress. How we meet the needs and aspirations of young people will define our common future,” the report said.

Mobilizing this power would act as a catalyst for the progression of our economy from a poor agricultural one to encouraging new businesses. It marshals the resources of capital and labour, stimulating growth. Rallying start-ups mean creating jobs, rather than taking up existing jobs, easing the job market conditions.

Entrepreneurship is no doubt key to sustained economic growth, some even call it a new wave of the industrial revolution. Governments across the globe are seeking to foster the entrepreneurial spirit. Startup creates conditions that encourage individual innovation which gives boon to the Entrepreneurs.

Have a Legal Issue?

Get connected to the Best Lawyers and Chartered Accountants Near You!


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