Removing the shackles of entrepreur

There are four pillars in any economy. Land, Labour, Capital and Entrepreneur. Indian Society are demanding the security of land by way of fair price and rent, labour by way of fair wages and job continuity, capital by way of fair interest. But what is the security of entrepreneur. It is the entrepreneur, who pays rent, wages and interest. Students of economics will recall that entrepreneur is the most important factor of production. It is he, who uses other factors of production to make economy move.

We must therefore think of removing various obstacles to him. While drawing policies for starting a business, we must draw policies for easy exit. Easy exit laws for labour is a must in labour intensive industries like garment, construction etc.