Page 5 - IMDR JOURNAL 2020-21

IMDR’s Journal of Management Development and Research 2020-21

An Article on Entrepreneurship
as the Catalyst to Aatma-Nirbhar Bharat

Dr. Rajesh Kumar Pandey
Associate Professor, SSR IMR, Silvassa

ABSTRACT Introduction
Entrepreneurship & Self Reliance has always “Don’t worry about failure; you only have to be
been the discussion with respect to the Nation’s right once.”
development. Entrepreneurship enhances the -Drew Houston, Drop box Co-Founder and CEO
economic state of operation. The economy always Entrepreneurship is the commercial stream where
has a question are we doing enough to accelerate the failure has professional learning & potential it is
Entrepreneurial ecosystem? The increasing interest the stepping stone to success. Entrepreneurship is
of Youths in Business, thanks to the Startup India innovative function that has potential to develop the
movement has certainly been an answer to concerns mankind. Entrepreneurship is also considered to be
on Entrepreneurial ecosystem. The Government the social decision making performed by economic
initiations like Start up India, Skill India and the latest innovators. Entrepreneurship is synonym of being
buzz Aatma-Nirbhar Bharat is all aiming towards self reliant and at the same time being source of
developing the Entrepreneurship skill sets and reliance for many. The Aatma Nirbhar Bharat
avenues in the Nation. The Economic empowerment campaign initiated by the Indian government has a
of the Society is essential for every economy; post strong relevance to the world of Entrepreneurship.
this recent Pandemic it has furthermore become The series of initiatives by the Government i.e., the
imperative to engage in economic activities. The Start up India, Make in India, Skill India and now
Nation with a huge population accompanies a the Aatma Nirbhar Bharat Abhiyan, all are focused
huge potential as well. The Power of the Nation on development of People at large, leading to the
i.e., Brain Power of Human being has immense development of the Economy as a whole.
potential to generate economic avenues & benefits. Self-reliant India does not mean cutting off from
The Government initiatives & Campaigns help to rest of the world instead a self reliant shall add on
push this potential to realisation. the world’s agenda of DEVELOPMENT. “Aatma
The Aatma Nirbhar Bharat campaign by the Nirbhar Bharat is not about being self-contained
Government is an effort towards the development or being closed to the world, it is about being self-
of self-reliance for the Nation. The world of sustaining and self-generating”, these are the words
Entrepreneurship is a catalyst to this campaign. This of the Government. The Entrepreneurial avenues in
article attempts to understand the concept of Aatma- the Nation are in abundance and the citizens need
Nirbhar Bharat constituted by the Government to progress their thoughts towards being self reliant
of India. It further aims to study the phenomenon through Entrepreneurship. Indian is in the promising
of Entrepreneurship as catalyst to Aatma-Nirbhar list of Startups promoting countries. This sounds
Bharat. The conceptual article is drafted with the great however the potential is huge. Entrepreneurship
help of Secondary data and author’s observations on is the major contributor to the Economy and this has
the developments with respect to Entrepreneurship been the phenomena worldwide. India has adopted
and Aatma Nirbhar Bharat campaign. The literature impressive steps in meeting the competition globally
encompasses the significance of Entrepreneurship with its Startup India, Standup India campaign and
& Aatma Nirbhar Bharat and considers the sphere now Aatma Nirbhar Bharat Abhiyan. The motive is
of deliberation on the notion for entire Nation & loud & clear that to make India prosper on world
Industry at Large rather any specific region or any map, Industrialisation will be key to the success.
specific Industry. The Inferences are indicative in The huge population in the Nation and tremendous
Nature and not exhaustive. potential of Entrepreneurship links the Government
Key Words: Entrepreneurship, Budding initiatives towards Entrepreneurship Development.
Entrepreneurs, Aatma-Nirbhar Bharat, Employment Unlocking this large potential couldwork as catalyst
in achieving goals of Aatma Nirbhar Bharat.

Page No | 3