Economic Analysis of Student Entrepreneurship under the Startup India Scheme: Evidence from Haryana: 25137
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https://doi.org/10.35716/IJED-25137
Author: Ashu Chauhan and Deepty Bansal
Author Address: Department of Economics, University College, Ghanaur, Patiala-147002 (Punjab)
Abstract
This study was based on primary data and focused on measuring the
economic contribution of student startups in terms of investment, income, and
employment generation. For this purpose, data were collected from 106 student startups operating under the Startup
India scheme in the state of Haryana, India. The analysis revealed that student startups were active in 21 sectors and were
contributing to the economic development of the state, with an average
investment of `1.8 lakh, an average income of `3.8 lakh per annum, and an average employment
of 4.2 persons per startup. However, there was a prominent gender gap in the
number of startups and their economic contributions. The study found a
significant role of incubation centres in nurturing and promoting startups.
Keywords
Economic contribution,
gender gap, incubation centre, student startups.
JEL Codes
L26, M13, O31, O38.