Reimagining entrepreneurial skills for Viksit Bharat @2047

Abstract

Entrepreneurship has emerged as a key driver of employment generation, innovation, self-reliance, and inclusive economic development in India. As the country advances towards the vision of Viksit Bharat@2047, there is a growing need to redesign the entrepreneurial skilling ecosystem in accordance with changing technological, industrial, and market requirements. The traditional framework of entrepreneurial training is increasingly becoming inadequate in the context of Artificial Intelligence, Industry 4.0, digital platforms, and rapidly evolving employment structures. In this background, the present study examines the need for reimagining entrepreneurial skills and restructuring India’s skill infrastructure to create a future-ready and innovation-oriented workforce.

The study analyses the role of government initiatives, entrepreneurial training institutions, Rural Self Employment Training Institutes (RSETIs), digital learning systems, and community-based skilling models in promoting entrepreneurship and employability. It further highlights major challenges such as low employability, inadequate industry alignment, limited access to advanced digital skills, weak market linkages, and insufficient opportunities for re-skilling and up-skilling. Special emphasis has been placed on rural entrepreneurship, women participation, localised skill development, practical training, and digital marketing mechanisms.

The paper is based on secondary data collected from government reports, policy documents, journals, and institutional publications. The study concludes that India requires a flexible, technology-oriented, industry-aligned, and inclusive entrepreneurial skilling framework capable of transforming youth from job seekers into job creators in line with the developmental vision of Viksit Bharat@2047.