The last few years have been a revelation of sorts. No amount of foresight and premonition helped any one and the forecasting for the future was as inane as crystal ball viewing or an ink test. Many economists, behavioural scientists, broached this subject in some of their seminal writings, but could not deconstruct the nature of the beast. In its aftermath, there have been some clear wins for finance and economics. There is a tremendous increase in the debate on matters of economy, which unfortunately was not there in the last century. The discipline of management has been enriched by several treatises and books in the past five years. What has also evolved is the additional impetus for entrepreneurship. We saw professionals who lost jobs using their creativity and the latest technology, starting companies online, transitioning into on-call delivery mechanisms and rewriting the fundamental rules of the supply chain.
Entrepreneurship as a viable career option has found its time and it is here to stay. It is the creation of new businesses, albeit small that will provide the impetus for growth and employment not just in the developing countries but also in the more prosperous cousins. Policymakers also need to reorient their key priorities which dictate economic measures. While current account deficit, public debt, GDP, and the regular economic ratios, the increased focus needs to be on creating avenues for self-employment and encouraging citizens to embrace entrepreneurship as a viable career option. Entrepreneurs provide one of the main engines of growth in any healthy economy. They act as important catalysts of change and growth by seeding innovation and creating new business models and industries. They also generate jobs, support local communities and build prosperous societies.
Bu hikaye UNIQUE TIMES dergisinin May - June 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye UNIQUE TIMES dergisinin May - June 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Bhutan: The Enchanting Jewel Of The Himalayas
Majestic snow-capped mountains, picturesque valleys, verdant forests, centuries-old Buddhist shrines and monasteries, fluttering prayer flags, a serene way of life and folks boasting the best happiness index in the world...this Land of the Thunder Dragon has much more to entice those with wanderlust.
Bail - Emerging Trends In The Context Of Money Laundering Laws
The Hon'ble Supreme Court in case of Manish Sisodia Vs Directorate of Enforcement 2024 SCC Online 1920 has upheld certain key propositions that where a trial has not merely been delayed but has not even commenced after a long period of incarceration, the same would be violative of Article 21 of the Constitution of India.
Toyota, Maruti Suzuki Boost Hybrid Vehicle Sales in Uttar Pradesh Amid Tax Waivers, Spark Industry Debate
Toyota and Maruti Suzuki are ramping up marketing efforts for hybrid vehicles in Uttar Pradesh, leveraging new state tax waivers that offer buyers savings of up to $15,800 on luxury models like the Toyota Vellfire.
Supreme Court Rejects AAP Government's Plea to Expand NRI Quota in Punjab Medical Colleges
The Supreme Court rejected the AAP-led Punjab government's plea challenging the High Court's ruling against expanding the ‘NRI quota’ to include distant relatives for medical and dental college admissions.
USA's Delaware Supreme Court Confirms Byju's Default on $1.2-Billion Loan Amidst Ongoing Insolvency Proceedings
The Delaware Supreme Court has upheld a ruling that edtech firm Byju's defaulted on a $1.2 billion Term Loan B (TLB), validating claims made by US-based lenders.
India Approves Rs 3,300 Cr Semiconductor Packaging Plant in Gujarat, to Boost Chip Production
The Union Cabinet has approved a Rs 3,300 crore proposal from electronics manufacturer Kaynes to establish a semiconductor packaging plant in Sanand, Gujarat.
Thar Roxx: Your Perfect Off-Road Companion
To say that Mahindra knows the Indian customer really well, will be an understatement. Their biggest hits have come in various forms over the years, from the XUV500 to the XUV700 and the Scorpio N in recent times.
Exfoliate Your Way to Flawless Skin
Imagine waking up to smooth, glowing skin every day—skin that feels soft to the touch and looks naturally radiant without the need for heavy makeup or filters.
The Stinking Rose: Flavourful and Full of Health
Garlic, the humble bulb with a pungent aroma and a rich history dating back thousands of years, has earned a reputation not only in culinary delights but also as a powerhouse of health benefits.
Never give up!
In the earlier stage of your life, it was someone else who might have been gravely instrumental in shaping your viewpoints. Hence, it is supremely important to re-evaluate what you believe in, when you become an adult.