DYNAMIC ROLE OF LOCAL MARKETS IN FUELING RURAL ENTREPRENEURSHIP AND JOB OPPORTUNITIES:
DOI:
https://doie.org/10.5281/spm8yz58Keywords:
Local Markets, Rural Entrepreneurship, Job Opportunities, Skill Development, Economic Advancement, Resilience, etc.,,Abstract
The present research paper delves into a comprehensive examination of the multifaceted
and ever-evolving role that local markets play in the intricate web of rural entrepreneurship and
the consequential generation of employment opportunities within the context of the Indian
subcontinent. By meticulously scrutinising the intricate interplay between local markets and their
catalytic effect on the entrepreneurial landscape, this study aims to shed light on the intricate
mechanisms that underpin the symbiotic relationship between these two entities, ultimately
contributing to a more nuanced understanding of the socio-economic dynamics at play in the rural
regions of India. By leveraging a comprehensive array of secondary data derived from a multitude
of sources, encompassing governmental records as well as esteemed academic publications, the
present study undertakes a meticulous examination of the intricate dynamics inherent in local
markets. Specifically, this research delves into the multifaceted roles played by these markets as
potent incubators for nascent enterprises, facilitators of skill enhancement, and catalysts for the
generation of gainful employment opportunities. The results of this study underscore the inherent
flexibility and resilience exhibited by local markets, highlighting their remarkable ability to
cultivate and nurture entrepreneurial endeavours. Consequently, these findings serve as a catalyst
for the economic progress and development of rural regions, thereby propelling them towards
greater prosperity and growth.