World Entrepreneurs Day 2023: How India can become the global leader of startup ecosystem?
leadership of Prime Minister Narendra Modi, has also begun and promoted the Startup India Initiative to help aspiring entrepreneurs. It has also launched various schemes to train as well as provide technical support, financial assistance, subsidies, and other services to budding entrepreneurs to fuel their growth and mark their presence in the market. PM Modi, in his recent Independence Day speech, explained that the MUDRA Yojana has enabled crores of citizens to become entrepreneurs with a budget of over 20 lakh crore rupees and thus also be job creators for others.
Hence, to acknowledge entrepreneurship and individuals becoming entrepreneurs across the world, August 21 is celebrated as ‘World Entrepreneurs Day’ every year. The day celebrates the role played by businessmen in creating employment opportunities and nurturing economic development across various industries globally. Setul Shah, Founder of RunR Mobility said that India can spearhead the global startup landscape by fostering innovation through supportive policies, access to capital, and nurturing a culture of entrepreneurship.
“By enhancing ease of doing business, reducing bureaucratic hurdles, and encouraging cross-disciplinary collaboration, India can attract both domestic and foreign talents. Strengthening educational institutions, incubators, and accelerators will cultivate a skilled workforce. India can harness its demographic dividend for innovation," Shah told Livemint.
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