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Made in Madurai                

Monday, April 24, 2006

India needs lots of entrepreneurs

India needs lot of entrepreneurs. This is what Dr.APJ Abdul Kalam also says. let us take a scenario- if more entrepreneurs(small/medium/large enterprises) are created, then that leads to new companies - see take for example Company X - since Company X will pay tax as a company and also all the employees are paying tax. All the employees are employed. Your family get savings, out of your salary. Since Company X is located in Madurai - you all must be having lunch and dinner in and around your area, which gets more business for the mess and restaurant. It actually goes on like a chain reaction, which improves more business, which is actually good for our indian economy - micro(individual/family) and macro(country) level.

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