Assessment of Government Policy Framework in India for Promoting Green Entrepreneurship
DOI:
https://doi.org/10.70550/bisma.v2i1.82Keywords:
Green Entrepreneurship(GE), Government Policies, Sustainability, Start-ups, EnvironmentAbstract
The increasing need to address climate change and promote environmental sustainability has positioned green entrepreneurship as a vital element of global economic growth. The government of India has recognized the importance of fostering a supportive environment for green businesses that emphasize sustainability while driving economic progress. In response, several government initiatives and policies have been introduced to encourage green entrepreneurship, with an emphasis on fostering innovation, minimizing environmental impact, and promoting the use of sustainable technologies. Despite these initiatives, there remains a need to evaluate how effectively these policies are reaching and benefiting green entrepreneurs. Using data from government reports and practical examples, the paper assesses the effectiveness of such policies in promoting sustainable start-ups and identifies areas for improvement. This research paper seeks to examine India's policy framework designed to support green entrepreneurship. The study concludes by highlighting gaps in the policy framework and recommending targeted interventions to enhance the green entrepreneurship ecosystem, contributing to both economic growth and environmental sustainability.
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