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IMPACT OF GOVERNMENT SCHEMES ON RURAL ENTREPRNEURSHIP

Author

Ms.G.N.DHEEBIKA,

II.M.Com(CS)

Department of Corporate Secretaryship,

PSG College of Arts & Science

Coimbatore-641014

e-mail: dheebikanandakumar16@gmail.com

Co-Author

DR.S.SAIKRISHNAN

Associate Professor

Department of Corporate Secretaryship,

PSG College of Arts & Science

Coimbatore-641014

e-mail: saikrishnans@psgcas.ac.in

ABSTRACT: This study attempts to create a paradigm that analyses how government policy affects entrepreneurship and economic development in rural regions. As India aspires to grow its economy and create jobs, understanding the nuances of performing government funding schemes for entrepreneurial activities is critical. Government policies in any country encourage entrepreneurial activity, which in turn serves to generate numerous employment possibilities, alleviate poverty, improve technology, and innovativeness, and strive towards improving financial inclusion. Diverse financial efforts include facilities such as credit, subsidies, incentives, and so on, which not only provide enough capital assistance for start-ups but also provide awareness and fostering of the business landscape. The government's positive approach towards entrepreneurial activities contributes to developing entrepreneurs' perceptions of innovativeness, which inevitably increases the engagement of diverse segments of society in such enterprises. However, some particular problems associated with bureaucracy, finances, and capital impede the smooth operation of the nation's entrepreneurial sectors. By doing research and extensively analysing the varied character of the government's role in the entrepreneurship sector, useful insights can be gained for building an effective government intervention in various domains, thereby advancing a sustainable entrepreneurial environment. This study helps in understanding the characteristics of entrepreneurship, government policy, and economic development and their potential relationships.

Keywords: Entrepreneurship, rural development, government, finance, policies, economics