Startup India: Mapping the Growth and Economic Significance of Innovative Entrepreneurs

By : Ashu Chauhan , Deepty Bansal

Page No: 134-142

Abstract:
Startups are engines of economic growth around the world. These are rapidly evolving in developing nations, bringing technological innovations, and generating income and employment. The government of India launched the Startup India Scheme in 2016 to promote the startup ecosystem in the economy. The main aim of this paper is to explore the status of startups in the Indian economy. The international growth of startups and the ranking of startup ecosystems of various countries are also highlighted. The study is based on primary as well as secondary data. Primary data is collected from 100 male and female startups in Punjab state of India. The data is analysed to elaborate on the economic contribution of startups in terms of investment, income and employment generation in different sectors of the Indian economy

Authors:
Ashu Chauhan, Research Scholar, Department of Economics, Punjabi University, Patiala, Punjab, 
Deepty Bansal, Assistant Professor, Department of Economics, University College, Ghanaur, Patiala, Punjab, 
 

DOI: https://doi.org/10.32381/PROD.2025.66.02.04