The Role of the Indian Government in Bioentrepreneurship

2021 ◽  
pp. 145-162
Author(s):  
Shubhita Mathur
Keyword(s):  
Skill Development ◽  
Special Focus ◽  
Indian Government ◽  
Employment Opportunities ◽  
Indian Economy ◽  
Start Up ◽  
Investment Opportunities ◽  
World Class ◽  
The Government

Entrepreneurship correlates to the entrepreneur who is creative, has risk taking capability, promotes capital formation, and seeks out investment opportunities in the market. In the National Institute for Transforming India Aayog's 5th Governing Council, the Government of India (GoI) aims to take the Indian economy to USD 5 trillion by 2024. Thus, India needs to significantly increase employment opportunities for which GoI is promoting skill development through biotechnology entrepreneurship and investing appreciably with a special focus on R&D to develop India into a world class bio-manufacturing hub. The DBT in collaboration with BIRAC has implemented flagship schemes such as ‘Make in India' and ‘Start up India'. The major objectives of this chapter are to lay out (1) the role of GoI to empower startups for growth through innovation and design, (2) a detailed overview of the various schemes offered by GoI for promoting skill development and innovation through bio-entrepreneurship, (3) major challenges faced by the government for implementation of schemes.

scholarly journals Entrepreneurship in Agriculture: An Innovative Initiative

2020 ◽  
Vol 9 (3) ◽  
pp. 363-368
Author(s):  
Dr. Deepa Kumari, Ms. Deepa Chauhan
Keyword(s):  
Food Processing ◽  
Skill Development ◽  
Sustainable Growth ◽  
Indian Government ◽  
Access To Credit ◽  
Agriculture Sector ◽  
Agrarian Economy ◽  
Start Up

Sustainable growth in agriculture sector is an important issue for all the countries. This Paper is an attempt to analyse the significance of agriculture entrepreneurship and government initiatives to strengthen the entrepreneurship spirit. . India had always been an agrarian economy. While from a rote agrarian economy, India is now a witness to growing allied agrarian activities such as food-processing, floriculture, fisheries and many more, there are many basic problems that have been ailing the agrarian ecosystem. The spectrum of problem has only increased with the passage of time that include poor farm output due to a variety of reasons, shrinking land, outdated infrastructure and access to credit for the agrarian community. India has a huge potential to one of the leading agriculture-based economies, if these problems are corrected on time. This paper discusses the role and importance of entrepreneurship in solving the problem of mankind’s oldest profession. This paper takes up cases of three agriprenuerial companies and discusses their forte, intervention and scope for such ventures. The paper also highlights the role of the Indian government in the boosting the necessary steps for agribusiness and its’ growth. Keywords: Entrepreneurship, Start-up, Government, Skill development, economy

scholarly journals Role of technopreneurs in indain context

2019 ◽  
Vol 9 (4) ◽  
pp. 249-252
Author(s):  
ARUNKUMAR B ◽  
GURUNATHAN A
Keyword(s):  
Developed Countries ◽  
Achievement Level ◽  
Indian Government ◽  
Indian Context ◽  
Start Up ◽  
Long Time ◽  
Technology Parks ◽  
Current Scenario ◽  
The Developed Countries

Start-up is a basic thing that a person trying to do something real and new, it has high rates of failure, but the minority of successes includes companies that have evolved as giant and market setters. People who use technology for being entrepreneurs are called as technopreneurs, being born the risk in business in addition to being accomplished the achievement level in innovative and initiative a new kind of product and service to the community. India is enjoying with the fruitful result on the progress of start-up environment which it has been focusing for a long time, the best time for promoting the techno start-up to be apillar of strength in the forthcoming trends. The boom of technopreneurs of our nation had been targeted by the developed countries since 2010. A new benchmark may be set in heavily offering number of opportunities to extent the business, which is also a next level of the start-up environmentin the current scenario and the efforts are taken by the Indian Government. The Technopreneurship's growth and contribution to the start-up technopreneurs in Indian context are catered in this paper and in addition new schemes and well equipped technology parks will be effectuated for the goodness of the new start-up.

scholarly journals Gst impact on the e-commerce sector: an overview

2017 ◽  
Vol 7 (2) ◽  
pp. 245-249
Author(s):  
VIJAYA KUMAR K ◽  
JABIMOL C. MAITHEEN
Keyword(s):  
Value Added ◽  
Retail Sector ◽  
Tax Rates ◽  
Value Added Tax ◽  
Indian Government ◽  
Tax Base ◽  
Indian Economy ◽  
A Value ◽  
The Government ◽  
Retail Entrepreneurs

The success of the e-commerce sector is largely dependent on the increasingnumber of retail entrepreneurs, who fall in the unorganized retail sector category. Thegovernment has included such players in the ambit of GST with an intention of broadeningthe tax base and has introduced specific provisions for the e-commerce companies. This isone of the major taxation reforms in Indian taxation system.GST is to set to integrate all stateeconomies and increase the overall growth of the country.GST will create unified market andboost the Indian economy. The Goods and Service Tax (GST) is a value added tax to beimplemented in India.. There are 3 kinds of taxes under GST: 1) SGST 2) CGST 3) IGST.The GST tax rates are divided into 5 categories which are 0%, 5%, 12%, 18%, 20%.Implementation of GST is one of the best decision taken by the Indian Government. Thesuccess of the e-commerce sector is largely dependent on the increasing number of retailentrepreneurs, who fall in the unorganized retail sector category. The government hasintroduced such players in the ambit of GST with the intension of broadening the tax baseand has introduced specific provisions for the e-commerce companies. This paper focuses onthe concept of GST and their impact on E-Commerce

scholarly journals Review of Data Mining and Data Warehousing Implementation in E-Governance

2020 ◽  
Vol 5 (10) ◽  
pp. 18-28
Author(s):  
Dr. Rohini Jha
Keyword(s):  
Data Mining ◽  
Meta Analysis ◽  
Performance Evaluations ◽  
Indian Government ◽  
Literacy Rate ◽  
Information And Communication ◽  
Efficient Data ◽  
The Government ◽  
Role Of Information

Nowadays, the role of information and communication technology plays an important part in the Indian government administration. Because of the government, it has to handle a large amount of citizen’s data and recent increases of online accessibility. However, due to the lack of unstructured knowledge, it develops complexity while analyzing the data. The issues in the e-governance can be solved using efficient data mining methods. In this review, various researches on the works in the data mining as well as data warehouse in e-governance are investigated and compared. The significances and issues in the e-governance are discussed for the future enhancement. Consequently, the illiteracy rate and literacy rate after the development of e-governance in India is measured. Moreover, the few performance evaluations of e-governance application are an investigation for the validation of the efficiency. The meta-analysis of execution has been done in this review.

scholarly journals The Role of Nurturing Technopreneurship Education and Building University Students’ Entrepreneurial Mindsets and Skill Sets in Fostering Digital Innovation and Augmenting the Tech Start-Up Ecosystem in Bahrain

2021 ◽  
Vol 20 (6) ◽  
pp. 152-173
Author(s):  
Sama’a Al Hashimi ◽  
Yasmina Zaki ◽  
Ameena Al Muwali ◽  
Nasser Mahdi
Keyword(s):  
Higher Education ◽  
Creative Thinking ◽  
Educational Background ◽  
Entrepreneurial Success ◽  
Support Organizations ◽  
Start Up ◽  
The Government ◽  
The Right ◽  
The Impact

This paper examines the relationship between the success of tech start-ups and the educational backgrounds of their owners. To better comprehend and encourage technopreneurial growth, it is essential to understand the educational background of tech start-up founders in Bahrain. The paper attempts to explore whether or not different educational qualifications of tech start-up founders are associated with their success. It also aims to investigate the pedagogical approaches, strategies, skills, and objectives that may have contributed to the success of leading technopreneurs, locally and globally in an effort to suggest the right practices to implement in Bahrain in order to emulate their educational experiences. The research qualitatively investigates the perceptions and academic experiences of the founders of five innovative Bahraini digital applications in an attempt to explore the role of their education in their success and growth. In addition, twelve support organizations in Bahrain were interviewed to examine the influence of higher education on entrepreneurial success. The paper argues that education is very essential to entrepreneurial success, and its findings provide clear evidence of the impact of education which focuses on fostering creative thinking, innovation, and team-working skills on technopreneurial success. These findings may have implications for universities in Bahrain to promote successful entrepreneurs through integrating the best practices in innovation and entrepreneurship education into the curriculum, and strengthening their cooperation with the government and various support organizations. Finally, the paper provides higher education institutions with guidelines and recommendations to maximize their role in the tech start-up ecosystem in Bahrain.

Building world-class universities in BRICS and emerging economies

2020 ◽  
pp. 501-522
Author(s):  
C. Raj Kumar
Keyword(s):  
Emerging Economies ◽  
International Collaboration ◽  
Home Country ◽  
Academic Careers ◽  
Regulatory Bodies ◽  
World Class ◽  
The Government ◽  
World Class Universities ◽  
The Relationship

As many studies indicate, BRICS and emerging economies, especially those with a colonial past from Asia and Africa, have traditionally witnessed an exodus of students and researchers seeking opportunities in established universities outside their home country to develop their academic careers. However, a culmination of democratic values, aspirations of citizens from these countries, and globalization have resulted in the need for world-class universities in BRICS and emerging economies. While resources are important, the relationship between the government/regulatory bodies and universities warrants serious examination. Understanding and facilitating the role of faculty (staff), students, researchers, and international collaboration will remain important.

Startup Companies in Goa: A Study of the Prevailing Ecosystem, Determinants and Operational Challenges

2019 ◽  
Vol 8 (3) ◽  
pp. 30-33
Author(s):  
Elizabeth Joey Henriques
Keyword(s):  
Economic Growth ◽  
Random Sampling ◽  
Primary Data ◽  
Market Place ◽  
Interview Schedule ◽  
Employment Opportunities ◽  
Start Up ◽  
The Government ◽  
Set Up ◽  
Viable Business

A Start up is defined as an entrepreneurial venture which is a newly emerged business venture that aims to meet a market place need, want or problem by developing a viable business model around products, services, processes or platforms. The Government of India has initiated several measures to promote startups in the country with a view of creating employment opportunities and promoting economic growth. The study attempts to find out the various factors that motivated the founders to set up their startups and also throw light on the problems that these entrepreneurs experience. The paper is based on primary data collected from a total of 10 startup founders in the State of Goa. Convenience and random sampling has been used to select the respondents. The data findings are based on their responses to the interview schedule.

Trends in Public Debt in India: Lessons from Greek Crisis?

2017 ◽  
Vol 2 (1) ◽  
pp. 96-109
Author(s):  
Subhomoy Bhattacharjee ◽  
Dakshita Das
Keyword(s):  
Interest Rates ◽  
Money Supply ◽  
Public Debt ◽  
Large Degree ◽  
The United States ◽  
Tax Revenue ◽  
Indian Government ◽  
The Government ◽  
Do So

There is not much new in the divide in economic literature between fiscal and monetary policy; what is new post-2008 is the emergence of the role of money supply and that of public debt to prominence as the instrument of choice for central banks and the government treasury. To a large degree, money supply and public debt now eclipsed the central role variables such as tax and interest rates had played in the setting of economic policies in countries both developed and developing. While literature is evaluating how the change in the role of these stock parameters to that of policy variables will play out, this article takes up the more mundane task of examining only one of them, which is public debt in the context of India. We believe that there is a key reason to do so. The Indian government has not used public debt as an active policy tool, so far, even as several countries have begun to do so ( Mohanty, 2012 ). Instead, it has held on to a general desideratum of the need to reduce it; borne out of the scare of the balance of payments crisis of 1991. But 25 years after the crisis, it is important to examine if there is a conscious understanding within the government for the need to measure and deploy public debt especially as the room for active deployment of other fiscal tools, namely taxation is circumscribed. By FY14 India’s public debt (centre and states combined), as percentage of GDP, stood at 66.7 per cent; it was 70.6 per cent in FY09. For the sake of comparison, the world’s most indebted countries include Greece, of course, with its general government net debt at 173 per cent of its GDP. Others in the top 20 include Italy, Egypt, Portugal, Spain, France, the United Kingdom, Japan and the United States of America. By current estimates, India does not rank amongst the most indebted countries of the world. But is the position, one of strength or of a passive arrival that offers little or no policy direction to the government? Moreover, this article also argues that in the absence of such direction, there has been a build-up of debt in the economy instead of a reduction. Most of that build-up has been sought to be balanced by recourse to non-tax revenue. As fresh options to tap non-tax revenue dry up, public debt could emerge as the new pressure point for the economy.

The Role of Personality in Angel Investing

2015 ◽  
Vol 16 (1) ◽  
pp. 19-31 ◽  
Author(s):  
Charles Y. Murnieks ◽  
Richard Sudek ◽  
Robert Wiltbank
Keyword(s):  
Factor Model ◽  
Five Factor Model ◽  
Management Team ◽  
Management Teams ◽  
Hierarchical Linear Modelling ◽  
Angel Investor ◽  
Start Up ◽  
Investment Opportunities ◽  
The Relationship

This paper offers an examination of the relationship between an entrepreneur's personality and angel investor evaluations of the management team of venture opportunities. The authors use the Five Factor Model of personality to investigate whether angels rate the management teams of investment opportunities differently, depending on the personality profile of the focal entrepreneur. We also analyse the influence of an entrepreneur's start-up experience and the angel investor's investing experience on the evaluation of the management team. Hierarchical linear modelling of 1,988 investment evaluations from 40 different angels suggests that investor ratings of management teams are influenced by the personality traits of the lead entrepreneur.

scholarly journals Educational Needs and Training for Women Empowerment in India

2021 ◽  
Vol 1 (2) ◽  
pp. 58-67
Author(s):  
Mukhtar Ahmed ◽  
Mohd Zameer ◽  
Sunil Kumar Verman ◽  
Sunita Godiyal
Keyword(s):  
Secondary Data ◽  
Women Empowerment ◽  
Educational Facilities ◽  
Indian Government ◽  
Indian Women ◽  
The Government ◽  
Vocational Courses ◽  
Women In India ◽  
And Training

Women in India have faced a lot of problems and issues for their rights. Therefore, the present paper aims to examine the role of education for women empowerment in India and study the government schemes for women empowerment in India. The present study is based on the descriptive type of research. For this study, the researcher used secondary data. The study found that women empowerment is an energetic and dynamic process that facilitates them to realize their identity and power in all characteristics. Due to the lack of educational facilities and training, Indian women left their education in the middle. That is why Indian women are far away from their rights. Most of the Indian women are housewives, but in the present time, it has been improved in many areas; most of the vocational courses and training programs have been introduced by the Indian government.

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