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Ch 25Government Schemes for Entrepreneurial Development — Class 12 Commerce, concept-first.

Starting and running a new enterprise involves risks that an individual entrepreneur alone often cannot manage — shortage of capital, lack of collateral security for bank loans, limited access to modern technology, weak marketing networks, and unfamiliarity with regulatory procedures.

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Key concepts

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Startup India

Startup India is the Central Government's umbrella initiative, launched on 16 January 2016 and administered by the Department for Promotion of Industry and Internal Trade (DPIIT), to build a strong ecosystem for innovati…

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Chapter contents

The NCERT structure, section by section. Open a section to see its questions, then read the concept-first solution.

1

Need for Government Support and Institutional Assistance to Entrepreneurs

Starting and running a new enterprise involves risks that an individual entrepreneur alone often cannot manage — shortage of capital, lack of collateral security for bank loans, limited access to mode…

2

Central Government Schemes for Entrepreneurship Development

The Government of India has launched several flagship schemes over the last decade specifically to encourage new enterprise creation, ease access to finance, and build an innovation ecosystem.

3

Institutional Support Agencies for MSMEs

Beyond the named entrepreneurship schemes, a set of standing institutions provides continuing support to micro, small, and medium enterprises across the country.

4

Tamil Nadu State-Level Institutional Support for Entrepreneurs

Alongside the central schemes and agencies described above, the Government of Tamil Nadu operates its own set of institutions that add infrastructure and finance specifically within the state, so that…

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