Micro-entreprenuership in India

Report Overview:

Micro-entrepreneurship is being increasingly recognized as one of the prominent ways of poverty alleviation and income generation in developing countries. It reduces the burden on job creation and encourages self-sufficiency with the use of minimal resources. A typical marketplace in a developing country comprises majorly of micro-entrepreneurs from fields ranging in agriculture to manufacturing and the service sector. Recognizing the contribution of micro-entrepreneurs towards creating a robust economy, both Central and State governments have launched several schemes to facilitate micro-entrepreneurship. This concept note outlines key areas where governments can collaborate with industry to create opportunities for micro-entrepreneurs.