The Labour Market in India: Where are MSMEs Placed?

Book ID: ISED-231

Book Type: Soft Copy

Description

"Business start-up, in any economy, is a powerful indicator of the growth of entrepreneurship resources. While employment is a central concern of today in most countries of the world, there are only limited options before the governments; promotion of start-ups is one among them. Unlike this global trend, India as an emerging economy, has significant opportunities in expanding its base of self employment- induced job creation, which the country has neglected for long. Beyond a social goal, entrepreneurship is a critical resource in waiting for India. However, to tap this potential effectively, the country needs to move forward towards a concrete labour market policy. Though skill development and start-up promotion are keywords of the day, an integrated concept of entrepreneurship as a critical resource, and a policy approach that can fully harness the potential of this resource, are the imperatives of the times."