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Abstract

The present paper is a theoretical exposition on the need and importance of entrepreneurship development for inclusive growth in emerging economies in general and in India in particular. It provides a brief review on the entrepreneurship development and its role and contribution for the inclusive economic development. The entrepreneurship is a driving force and boosts inclusive growth in all segments through transformation of the economy. It has been assumed immense importance in the economic development of a developing nation like India as well as that of the developed nations. India’s economic progress, as a developing economy, is bound up with entrepreneurs who are enthusiastic and committed to maximize production as well as profitability, employment generation and overall economic stimulation for augmenting income levels of the people who are involved directly or indirectly. The role the people and their abilities have to play in this stupendous endeavour is supremely important, and any negligence or under estimation of the human factor would only enfeeble the economic prosperity of the country. 

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