Role of Government Policies In Promoting Entrepreneurship: A Case Study of Startup India Program

Abstract

This study explores how government policies support entrepreneurship, focusing on India's Startup India program. It analyzes policy initiatives like tax incentives and regulatory reforms and their impact on startups like Zomato, Ola, and Byju's. Challenges faced by startups, such as complex regulations and limited funding, are identified, and solutions are proposed. Comparisons with international models like the Small Business Administration (SBA) in the United States and Startup SG in Singapore are made to extract best practices. The study concludes with suggestions for improving government support to nurture India's startup ecosystem.