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Find out about various government schemes to promote entrepreneurs in India. Learn about the eligibility requirements of these schemes. Prepare a write-up and discuss in the class.
India promotes enterprise through targeted schemes: PM Mudra Yojana: Offers collateral-free institutional loans up to ₹10 lakh across Shishu, Kishore and Tarun categories to small trade proprietors. Startup India: Provides tax exemptions, patent rebates and seed funding to recognized innovative entiRead more
India promotes enterprise through targeted schemes:
PM Mudra Yojana: Offers collateral-free institutional loans up to ₹10 lakh across Shishu, Kishore and Tarun categories to small trade proprietors.
Startup India: Provides tax exemptions, patent rebates and seed funding to recognized innovative entities under ten years old.
Stand-Up India: Facilitates bank loans between ₹10 lakh and ₹1 crore to women, SC and ST entrepreneurs for greenfield manufacturing and services.
For more NCERT Solutions of Class 9 Social Science Part 2 Chapter 6 From Ideas to Startups Question Answer (2026-27)
https://www.tiwariacademy.com/ncert-solutions/class-9/social-science/part-2-chapter-6/
See lessHow do you think entrepreneurship is important for India’s goal of becoming a developed nation by 2047?
Entrepreneurship is vital for India’s transformation into a developed nation by 2047. It transitions youth from job seekers to wealth and job creators. By building domestic manufacturing hubs, digitizing services and advancing indigenous technologies, entrepreneurs reduce reliance on imports. WidespRead more
Entrepreneurship is vital for India’s transformation into a developed nation by 2047. It transitions youth from job seekers to wealth and job creators. By building domestic manufacturing hubs, digitizing services and advancing indigenous technologies, entrepreneurs reduce reliance on imports. Widespread entrepreneurial activity drives innovation, improves infrastructure, boosts foreign exchange through exports and bridges regional economic disparities across the country.
For more NCERT Solutions of Class 9 Social Science Part 2 Chapter 6 From Ideas to Startups Question Answer (2026-27)
https://www.tiwariacademy.com/ncert-solutions/class-9/social-science/part-2-chapter-6/
See lessChoose a product or service and develop a business plan for it using the following template: • Business name • Business idea • Target customers • Product/service and price • Marketing idea • Basic cost and expected profit
Business Name: EcoSip Innovations Business Idea: Manufacturing flavored, 100% biodegradable, edible rice-flour drinking straws. Target Customers: School and college cafeterias, local juice bars, eco-conscious cafes. Product and Price: Pack of 50 straws priced affordably at ₹100. Marketing Idea: DistRead more
Business Name: EcoSip Innovations
Business Idea: Manufacturing flavored, 100% biodegradable, edible rice-flour drinking straws.
Target Customers: School and college cafeterias, local juice bars, eco-conscious cafes.
Product and Price: Pack of 50 straws priced affordably at ₹100.
Marketing Idea: Distribute free samples to youth cafes; promote viral zero-waste challenges online.
Basic Cost and Profit: Production cost ₹60 per pack; expected net profit ₹40 per pack.
For more NCERT Solutions of Class 9 Social Science Part 2 Chapter 6 From Ideas to Startups Question Answer (2026-27)
https://www.tiwariacademy.com/ncert-solutions/class-9/social-science/part-2-chapter-6/
See lessIn 1931, two brothers, Digambar and Govind Dandekar, started a small business in South Mumbai selling ink powder. They began with limited resources, using recycled glass bottles to sell liquid ink. At first, they faced financial problems and struggled to convince customers to trust their products. Instead of giving up, they focused on providing good-quality stationery at affordable prices. As the business grew, they noticed that artists in India did not have access to good art materials. Seeing this as an opportunity, they travelled to Glasgow to study colour chemistry and improve their products. After returning to India, they set up a laboratory to develop colours and art supplies suited to Indian needs. Over time, the company expanded into pencils, crayons, geometry boxes and paints, eventually becoming a well-known brand. • What entrepreneurial qualities did the Dandekar brothers display? • What opportunity did they identify in the market? • Was travelling to Glasgow a risky decision? • Which functional area helped the company improve its products? • How did they serve society apart from earning profits?
Entrepreneurial Qualities: Resilience, resourcefulness, market foresight and dedication to quality. Market Opportunity: Lack of indigenous, affordable, high-grade art supplies for Indian artists. Risk: Yes, travelling to Glasgow involved substantial financial expense and uncertain technical returns.Read more
Entrepreneurial Qualities: Resilience, resourcefulness, market foresight and dedication to quality.
Market Opportunity: Lack of indigenous, affordable, high-grade art supplies for Indian artists.
Risk: Yes, travelling to Glasgow involved substantial financial expense and uncertain technical returns.
Functional Area: Operations, specifically research and development in chemical laboratories.
Societal Service: Provided high-quality, affordable educational and artistic tools, fostering national self-reliance (Swadeshi).
For more NCERT Solutions of Class 9 Social Science Part 2 Chapter 6 From Ideas to Startups Question Answer (2026-27)
https://www.tiwariacademy.com/ncert-solutions/class-9/social-science/part-2-chapter-6/
See lessDo you think every entrepreneur should think about the impact of their goods or services on society and the environment? Explain using relevant examples.
Every entrepreneur must evaluate societal and environmental impacts because profit cannot justify environmental destruction or community harm. Irresponsible disposal and toxic products create ecological crises, whereas sustainable practices build brand value and consumer loyalty. For instance, compaRead more
Every entrepreneur must evaluate societal and environmental impacts because profit cannot justify environmental destruction or community harm. Irresponsible disposal and toxic products create ecological crises, whereas sustainable practices build brand value and consumer loyalty. For instance, companies adopting solar-powered manufacturing or developing biodegradable packaging resolve pollution challenges, illustrating that modern enterprises must balance commercial profitability with ecological conservation and social well-being.
For more NCERT Solutions of Class 9 Social Science Part 2 Chapter 6 From Ideas to Startups Question Answer (2026-27)
https://www.tiwariacademy.com/ncert-solutions/class-9/social-science/part-2-chapter-6/
See less