Entrepreneurs Help Grow Indian Economy: 10 Ways How?
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Entrepreneurs Help Grow Indian Economy: 10 Ways How?

By SiliconIndia   |    4 Comments
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Bangalore: Entrepreneurs who are business leaders look for ideas and puts them into effect in nurturing economic growth and development. They play the most important role in the economic growth and development of Indian economy. An entrepreneur plays a pivotal role not only in the development of industrial sector of a country but also in the development of farm and service sector. The major roles played by an entrepreneur in the economic development of an economy are as follows.



10. Promotes Capital Formation



Entrepreneurs promote capital formation by mobilizing the idle savings of our citizens. They employ resources for setting up their enterprises. Such types of entrepreneurial activities lead to value addition and creation of wealth, which is very essential for the industrial and economic development of India.



9. Employment Generation



Entrepreneurs provide instant large-scale employment to the unemployed which is an unending problem of India. Small entrepreneurs provide self employment to artisans, technically qualified persons and professionals. 



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Reader's comments(4)
1: More research/industries on bringing automation to cleaning work,for example pollution control by regular removal of garbbage from an area by small size low priced dumper,loader what a person can afford to buy, similar other items for scientific cleaning using automation at low prices and of attractive designs can bring higher status to such jobs and people involved in such jobs. Which will reduce and remove any feelings of low caste if it exists in any place .
Posted by:Prakash Ku Rath - 20 Dec, 2012
2: More research on bringing automation to cleaning work,for example pollution control by regular removal of garbbage from an area by small size low priced dumper,shovel,loader what any person can afford,similar other items/ products at low prices and of attractive designs can bring higher status to the job and people involved in such job. Which will reduce and remove all lower/backword caste feeling if it exists in any place .
Posted by:Prakash Ku Rath - 20 Dec, 2012
3: More research on bringing automation to cleaning work,for example pollution control by regular removal of garbbage from an area by small size low priced dumper,shovel,loader what any person can afford,similar other items/ products at low prices and of attractive designs can bring higher status to the job and people involved in such job. Which will reduce and remove all lower/backword caste feeling if it exists in any place .
Posted by:Prakash Ku Rath - 20 Dec, 2012
4: but there are many of them whose main motive is to make money using our money
Posted by:Jeevan Kutty - 19 Dec, 2012
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