IST-Magazine Youth Employment and Entrepreneurship
Booming Solar Energy Market in INDIA IST E-Magazine | December, 2016 Youth Employment and Entrepreneurship Mr. Dev Prakash, IST Legal Advisor, LLB, CS E ntrepreneurship and innovation are critical for the growth of any economy, in an increasingly competitive world. The secret behind developing economy to a developed economy is nothing but entrepreneurship and innovation. Entrepreneurship become even more critical for India as its demographic dividend can only be realized with rapid creation of employment and income generation opportunities. Global experience shows that, apart from creating wealth and boosting the economy, new businesses also create disproportionately more jobs than established ones. Israel has very little natural resources but is considered a part of the developed world, driven by the strength of its entrepreneurs. Historically, India was considered an innovation driven country, at the for...