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VOL. 10, ISSUE 3 (2023)
Challenges of entrepreneurship in north-eastern states: An analysis
Authors
Motiram Das
Abstract
Entrepreneurship has traditionally been viewed as the backbone of a country's economic growth. It is commonly known that a region's degree of entrepreneurial activity directly affects the region's economic growth to a considerable extent. Capable entrepreneurs are taking advantage of the opportunities presented by the changing environment in the era of liberalization, privatization, and globalization as well as the ongoing information technology revolution. Yet, a sizable portion of the populace often falls behind in utilizing these chances, especially in rural and industrially underdeveloped areas. But up until this point, North-East India has consistently been overlooked in terms of its economy, prospects for expansion, human resource development, and, most importantly, its ability to advance. Despite the region's abundance in natural resources, flora, and fauna, it has been plagued for years by conflicts, natural and man-made disasters, militarizations, and other tragedies. Due to a lack of basic services and investments, the area has witnessed a huge exodus of residents to neighboring areas. States like Assam, Manipur, and Nagaland have experienced ethnic conflict for decades, and this ongoing bloodshed has been a significant barrier to their citizens' ability to launch business endeavours. Even if change is occurring more slowly now, it is for the better because of the abundance of forums and business endeavours springing up in the North East. This essay has attempted to focus on this issue effectively and to discuss how to fix things up in a way that will support North Eastern Indian entrepreneurs.
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Pages:55-59
How to cite this article:
Motiram Das "Challenges of entrepreneurship in north-eastern states: An analysis". International Journal of Multidisciplinary Research and Development, Vol 10, Issue 3, 2023, Pages 55-59
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