Andhra Pradesh's Vision: One Village, Many Enterprises

Hindustan Times · business

India's GDP growth needs to create economic opportunities beyond urban centers, especially for the 9.32 crore small non-farm enterprises. Many startups, around 3.2% of recognized ones, become non-operational, highlighting the need for policies that ensure enterprise survival and expansion. Andhra Pradesh's 'One Family, One Entrepreneur' vision can evolve into 'One Village, Many Enterprises' by supporting micro-enterprises in their crucial first three years. Tailoring support to local strengths like agriculture or textiles can build ecosystems, fostering community development and reducing migration.