In India's entrepreneurial plans, initiatives like Start-up India are crucial in fostering a culture of innovation and entrepreneurship. Start-Up India, launched under the leadership of Prime Minister Narendra Modi, aims to foster a conducive environment for entrepreneurs to turn their ideas into successful ventures.

Pradhan Mantri Kaushal Vikas Yojana (PMKVY)

Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is an initiative designed to equip the youth with industry-relevant skills required to thrive in today's competitive landscape. Under the new National Skill Development and Entrepreneurship Policy 2015, PMKVY seeks to provide comprehensive training that not only enhances employability but also promotes entrepreneurship. By offering financial rewards on successful completion of training programmes, PMKVY acts as a catalyst to unlock the latent entrepreneurial potential within the youth.

Atal Innovation Mission (AIM)

PMKVY is complemented by NITI Aayog-led Atal Innovation Mission (AIM), which aims to foster a culture of innovation and creativity across the country. By nurturing an ecosystem conducive to innovation, AIM seeks to empower individuals to develop transformative solutions to pressing challenges. From grassroots initiatives to nationwide campaigns, AIM serves as a beacon of inspiration for innovators, providing them with the resources and support they need to make their ideas a reality.

Make in India Skill India Kaushal Bharat Kushal Bharat

The Make in India Skill India-Kaushal Bharat Kushal Bharat initiative, launched in 2015, represents a holistic approach to skill development and entrepreneurship. Along with multi-pronged programmes including the National Skill Development Mission and skill loan schemes, this initiative aims to bridge the gap between education and employment. With a focus on sectors ranging from healthcare to handicrafts, Make in India Skill India aims to create a skilled workforce capable of driving India's economic growth and competitiveness globally.

Federation of Indian Women Entrepreneurs (FIWE)

Empowering women entrepreneurs, as exemplified by organisations like the Federation of Indian Women Entrepreneurs (FIWE), is a key priority for India. Since its founding in 1999, FIWE has been at the forefront of advocating for gender-inclusive policies and programs that promote women's entrepreneurship. In collaboration with government agencies and financial institutions, FIWE played a critical role in facilitating access to resources and mentoring opportunities for women entrepreneurs, thereby fostering a more inclusive and diverse start-up ecosystem.

Port to Training and Employment Program (STEP)

Further, the Support to Training and Employment Programme (STEP) launched by the Ministry of Women and Child Development represents a concerted effort to empower women through skill development and entrepreneurship. By providing women with the training and support they need, STEP aims to increase their financial independence and create pathways to sustainable livelihoods. In doing so, STEP contributes to the broader goal of gender equality and women's empowerment in India.

A thriving start-up ecosystem nurtured by a diverse set of enterprises

India's start-up ecosystem is flourishing, driven by several initiatives aimed at nurturing talent, encouraging innovation and empowering entrepreneurs. From government-led schemes like Start-up India and PMKVY to grassroots organizations like FIWE and STEP, the entrepreneurial spirit in India is alive and thriving. As the nation marches ahead on its journey towards economic prosperity and inclusive growth, these initiatives serve as beacons of hope, inspiring the next generation of change makers and trailblazers to realise their dreams and aspirations.