Central government and state governments are extending grants, incentives, concessions, and facility supports to the entrepreneurship formed in India. Governments are interested in creating employment. Also interested in the inclusive growth including export of products and services. Our country is blessed with resources. We are still underdeveloped, because innovation, development, and improvement of products or services are in halfway and is to be improved. We must improve to meet the challenges put forth by the developed nations. The skill set is to be improved and to be improved continuously. Our product process or service delivery standard is also to be improved. To make innovation, development and improvement, entrepreneurs require support in various forms from the governments. Financial support is one and the most important area for promotion of entrepreneurship. Governments have come out with concessional rate finance; collateral free finance and other indirect financial support to business units. Governments also extending skill training programs for up skilling and reskilling labour forces of our country. Governments have setup institutions to support innovations, developments, and improvements for entrepreneurship in India. Governments have also announced various grants, incentives, concessions, and other supports for the benefit of business community. Government has also fixed a deadline for our country’s developed status by 2047.
Many of the entrepreneurs are aware about the benefits offered by governments. They are unaware the process how it can be availed. ASPIRE FOUNDATION under a collective effort trying to support the entrepreneurs to avail the benefit from governments. The collective effort includes dissemination of information, furnishing eligibility criteria, documents to be submitted, and directions for follow up. Government support is the right of business community. Necessarily, it is to be availed, to make our business globally competitive.