India Requires Entrepreneurship Education to Strengthen Entrepreneurial Ecosystem

Abstract

Entrepreneurship is regarded as the ultimate determining factor for the industrial growth of any country or region. India is in the midst of an entrepreneurial wave as it is emerging as one of the most exciting entrepreneurial societies in the world. Various government initiatives like Make in India, Startup India, and Skill India are intended to transform the Indian economy into an ‘entrepreneurial’ from the ‘managerial’ one. Though India is witnessing several initiatives in this direction, it requires yet more sustained efforts in the domain of entrepreneurship education. There are a few institutes which offer entrepreneurship education as a discipline, and there are some that offer it as a part of their wider syllabus. But the question remains whether these initiatives are enough to push entrepreneurship to a scale that India desires.