Government Schemes | CMAT Mock Test Series - CAT PDF Download

 Page 1


WHAT IS 
ENTREPRENEURSHIP ?
Entrepreneurship is a complex 
term that's often defined simply 
as running your own business. 
But there's a difference between 
a "business owner" and an 
"entrepreneur," and although 
one can be both, what 
distinguishes entrepreneurship 
is a person's attitude.
Page 2


WHAT IS 
ENTREPRENEURSHIP ?
Entrepreneurship is a complex 
term that's often defined simply 
as running your own business. 
But there's a difference between 
a "business owner" and an 
"entrepreneur," and although 
one can be both, what 
distinguishes entrepreneurship 
is a person's attitude.
DEFINITION OF 
ENTREPRENEURSHIP 
“It is a process of creating
something different with value by
devoting necessary time and effort,
assuming the accompanying
financial, psychic, social risks and
receiving the resulting rewards of
monetary and personnel satisfaction
and independence ”
Page 3


WHAT IS 
ENTREPRENEURSHIP ?
Entrepreneurship is a complex 
term that's often defined simply 
as running your own business. 
But there's a difference between 
a "business owner" and an 
"entrepreneur," and although 
one can be both, what 
distinguishes entrepreneurship 
is a person's attitude.
DEFINITION OF 
ENTREPRENEURSHIP 
“It is a process of creating
something different with value by
devoting necessary time and effort,
assuming the accompanying
financial, psychic, social risks and
receiving the resulting rewards of
monetary and personnel satisfaction
and independence ”
GOVERNMENTAL  SCHEMES 
The Government of India has undertaken several 
initiatives and instituted policy measures to foster 
a culture of innovation and entrepreneurship in 
the country. 
With a significant and unique demographic 
advantage, India, however, has immense potential 
to innovate, raise entrepreneurs and create jobs 
for the benefit of the nation and the world.
Page 4


WHAT IS 
ENTREPRENEURSHIP ?
Entrepreneurship is a complex 
term that's often defined simply 
as running your own business. 
But there's a difference between 
a "business owner" and an 
"entrepreneur," and although 
one can be both, what 
distinguishes entrepreneurship 
is a person's attitude.
DEFINITION OF 
ENTREPRENEURSHIP 
“It is a process of creating
something different with value by
devoting necessary time and effort,
assuming the accompanying
financial, psychic, social risks and
receiving the resulting rewards of
monetary and personnel satisfaction
and independence ”
GOVERNMENTAL  SCHEMES 
The Government of India has undertaken several 
initiatives and instituted policy measures to foster 
a culture of innovation and entrepreneurship in 
the country. 
With a significant and unique demographic 
advantage, India, however, has immense potential 
to innovate, raise entrepreneurs and create jobs 
for the benefit of the nation and the world.
START-UP INDIA: 
?Through the Startup India initiative, Government of
India promotes entrepreneurship by mentoring,
nurturing and facilitating startups throughout their life
cycle.
?With a 360 degree approach to enable startups, the
initiative provides a comprehensive four-week free
online learning program.
?More importantly, a ‘Fund of Funds’ has been created
to help startups gain access to funding.
Page 5


WHAT IS 
ENTREPRENEURSHIP ?
Entrepreneurship is a complex 
term that's often defined simply 
as running your own business. 
But there's a difference between 
a "business owner" and an 
"entrepreneur," and although 
one can be both, what 
distinguishes entrepreneurship 
is a person's attitude.
DEFINITION OF 
ENTREPRENEURSHIP 
“It is a process of creating
something different with value by
devoting necessary time and effort,
assuming the accompanying
financial, psychic, social risks and
receiving the resulting rewards of
monetary and personnel satisfaction
and independence ”
GOVERNMENTAL  SCHEMES 
The Government of India has undertaken several 
initiatives and instituted policy measures to foster 
a culture of innovation and entrepreneurship in 
the country. 
With a significant and unique demographic 
advantage, India, however, has immense potential 
to innovate, raise entrepreneurs and create jobs 
for the benefit of the nation and the world.
START-UP INDIA: 
?Through the Startup India initiative, Government of
India promotes entrepreneurship by mentoring,
nurturing and facilitating startups throughout their life
cycle.
?With a 360 degree approach to enable startups, the
initiative provides a comprehensive four-week free
online learning program.
?More importantly, a ‘Fund of Funds’ has been created
to help startups gain access to funding.
MAKE IN INDIA: 
?The make in india initiative was launched in
september 2014. It came as a powerful call to
india’s citizens and business leaders, and an
invitation to potential partners and investors
around the world to overhaul out-dated processes
and policies, and centralize information about
opportunities in India's manufacturing sector.
?This has in turn helped procure investments, foster
innovation, develop skills, protect intellectual
property and build best-in-class manufacturing