Author(s) :

Lovkush.

Volume/Issue :

Abstract :

Subsistent entrepreneurship, often characterized by small-scale, self-employed ventures primarily aimed at meeting the basic needs of entrepreneurs and their families, plays a vital yet underappreciated role in employment generation. This report explores how such grassroots-level entrepreneurial activities contribute to alleviating unemployment, especially in developing and rural economies. By creating informal job opportunities, promoting self-reliance, and fostering local economic development, subsistent entrepreneurs act as a buffer against economic shocks and limited formal employment. The report analyzes case studies, economic data, and policy implications to highlight the potential of supporting subsistent entrepreneurship as a sustainable strategy for inclusive employment generation. Challenges such as lack of access to capital, training, and markets are also discussed, along with recommendations to enhance the impact of this entrepreneurial sector.

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