Entrepreneurial Emergence among the Socially Underprivileged Class in India

Abstract

It is widely recognized that entrepreneurship development holds the key to all-round economic development of a nation. Entrepreneurship has now become the catchword in India’s economic development as well. India being a multicultural society with high incidence of inequality is divided sharply in terms of the underprivileged and the privileged sections. For widespread economic development India cannot ignore the development of the social groups who are underprivileged and are at the bottom of the pyramid. Data from All-India Census on MSME reflect that the underprivileged sections i.e., SC, ST and OBCs have shown growth in terms of ownership of enterprises and level of employment.