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Global Entrepreneurship Monitor 2021/2022 report: India ranked 4th

The Global Entrepreneurship Monitor (GEM) 2021/2022 report, unveiled at the Dubai Expo, India is among the top five easiest places to start a new business.

Sumit Arora Published On February 14th, 2022 Leave a comment

The Global Entrepreneurship Monitor (GEM) 2021/2022 report, unveiled at the Dubai Expo, India is among the top five easiest places to start a new business. The survey of Indian respondents, who answered questions on their entrepreneurial activity, attitudes to enterprise and view of their local entrepreneurial ecosystem, found that 82% think it is easy to start a business, placing India fourth globally. It was topped by Saudi Arabia and followed by Netherlands & Sweden.

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India has topped amongst low-income economies (according to GDP per capita) on different Entrepreneurial Framework Conditions such as Entrepreneurial Finance, Ease of Access to Finance, Government Policy: Support and Relevance; and Government Support: Taxes and Bureaucracy; while Government Entrepreneurial Programmes was ranked second highest.

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Sumit Arora

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As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.