International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

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A Study on the Impact of National Budget on Entrepreneurship in India

Author(s) Dr. Ankit Jain
Country India
Abstract Entrepreneurship constitutes a fundamental pillar of economic development, innovation, and job creation in India. Within this framework, the National Budget emerges as a crucial policy tool that profoundly influences the country’s entrepreneurial ecosystem through fiscal planning, tax reforms, and targeted incentives. This study investigates the effects of the Indian National Budget on entrepreneurship, with particular emphasis on funding for micro, small, and medium enterprises (MSMEs), support for startups, the promotion of innovation hubs, access to credit, and reforms designed to enhance the ease of doing business. By utilizing secondary data derived from Union Budget documents, Economic Surveys, and entrepreneurship reports spanning the years 2020 to 2024, the research analyzes the impact of budgetary allocations on startup growth, financial accessibility, skill development, and job creation. The findings indicate that, although the policy intentions articulated in the budgets are generally supportive, the actual impact is contingent upon the efficiency of implementation, the level of awareness among entrepreneurs, and the inclusivity of the initiatives. This paper provides valuable insights into how strategic and inclusive fiscal planning can cultivate a dynamic and sustainable entrepreneurial environment in India.
Published In Volume 7, Issue 3, May-June 2025
Published On 2025-06-15
DOI https://doi.org/10.36948/ijfmr.2025.v07i03.48381
Short DOI https://doi.org/g9qqtg
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E-ISSN 2582-2160
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