Wealth creators, dharma & Bharat

The government plays a necessary role in the changing landscape of new-India. Policies (just to name a few) such the Pradhan Mantri Mudra Yojana which aimed to support MSME businesses through loans without collateral have generated jobs, enabled expansion of enterprises, promotes skill development, and removed barriers for individuals from lower economic backgrounds.

The Stand-Up India Scheme for entrepreneurs belonging to Scheduled Castes and Tribes has provided loans and assistance to dozens of innovative individuals.

The Mahila Coir Yojana has given rural women-entrepreneurs a subsidy of up to 75% for machinery costs, which has also broken down other socio-economic barriers.

In the next few decades, Bharat is primed to see huge multi-national companies originating from the country itself, just how the U.S. and China have seen the growth of multiple Fortune 500 companies from their territories. In the last decade, India has taken some significant policy measures to encourage entrepreneurship and innovation. In 2023 alone, technology startups have employed over 10.34 lakh Indians. Additionally, the 20,000+ startups and 112 unicorns in India have already been estimated to have a total valuation of over 500 billion US Dollars, showing how these companies will bring in India’s new era.

The Sanatan ancestors of the land of this country had the concept of Artha in Vedic philosophy, which saw the pursuit of wealth as one of the four basic needs and aims of human life. Necessary during the Grahastha i.e., householder stage of one’s life when one has a family that relies on them for food, a roof and so on, it was seen as part of social order if it is obtained keeping in mind the tenet of Dharma.