Need for Entrepreneurship

Every country, whether developed or developing, needs entrepreneurs. A developing country needs entrepreneurs to initiate the process of development, while a developed country needs entrepreneurship to sustain it. In the present Indian context — where employment opportunities in the public sector and large-scale sector are shrinking on the one hand, and vast opportunities arising from globalisation are waiting to be exploited on the other — entrepreneurship can genuinely help take India towards becoming an economic power. …