Entrepreneurship as a Catalyst for Rural Development: An Overview

Rakshitha PB

Abstract: Entrepreneurship contributes to the economic development because it involves generation of employment opportunities and also improves the standard of living of people. Entrepreneurs are considered as a backbone for the economic development of a nation. It serves as a powerful catalyst in driving economic growth, creation of jobs and also social progress in the economy. Entrepreneurial activities drives innovation, promotes capital formation and achieves balanced regional development. It also induces backward and forward linkages which stimulate the process of economic development in the country. Majority of the population in India reside in villages. The economic growth of the country predominantly depends on the development of rural areas. Rural entrepreneurship stimulates the entrepreneurial motive and helps to carry out economic activities which leads to rural development. There are various schemes and initiatives implemented by the government to boost entrepreneurship in rural areas. Start-Up Village Entrepreneurship Programme is one such program which is designed to support the entrepreneurs in rural areas to set up their own local enterprises which enables in strengthening their entrepreneurial motives. The basic objective of this paper is to study the role of entrepreneurship in boosting rural development. The study is based on secondary data collected from books, journals, websites and reports. The paper also examines the importance of entrepreneurship development programmes in contributing to the socio-economic development in the economy. Thus, paper also attempts to find out the problems and the recommendations to solve the problems.

Keywords: Rural Entrepreneurship, Rural Development, Economic Growth, Start-Up Village Entrepreneurship Programme

How to Cite?: Rakshitha PB, "Entrepreneurship as a Catalyst for Rural Development: An Overview", Volume 14 Issue 9, September 2025, International Journal of Science and Research (IJSR), Pages: 11-14, https://www.ijsr.net/getabstract.php?paperid=SR25901101100, DOI: https://dx.doi.org/10.21275/SR25901101100