Entrepreneurship Development Cell
IIT DELHI
As the global economy plunges to an all-time low and businesses fall into a downward spiral, COVID-19 is encouraging change at a faster pace than ever before. It is a crucial time for entrepreneurs to tap into their creative space to seek opportunities and solutions to their projects. The lockdown provides valuable time for planning... Continue Reading →
A looming economic crisis triggered by the coronavirus pandemic calls for an efficient decision on how our markets must be controlled. A free market is an economic system in which prices are determined by unobstructed competition between privately owned businesses, without any interference from the state. Whereas, in state-controlled capitalism, the state owns or controls... Continue Reading →
The impact of the global pandemic, COVID19, has largely been disruptive. It is exacting a terrible human toll and menacing the world economy. The logistics industry is no stranger to the havoc. It is the industry responsible for producing, obtaining and distributing products and goods to the right place in the appropriate quantities. It uses... Continue Reading →
“You never let a serious crisis go to waste. And what I mean by that, it's an opportunity to do things you think you could not do before,” Rahm Emanuel, American politician The once-in-a-lifetime pandemic, COVID19, seems to be a bigger growth opportunity than a threat for up-and-coming entrepreneurs. As shivers travel down the global... Continue Reading →
In his address to the nation, on May 12, 2020, Prime Minister Narendra Modi announced a ₹20-lakh crore economic relief package titled 'Atmanirbhar Bharat Abhiyan'. It was unveiled on May 13 by Finance Minister Nirmala Sitharaman, bringing relief to the micro, small and medium enterprises (MSME) sector, one of the worst-hit during the pandemic in... Continue Reading →
Over the past few decades, humans have reaped innumerable benefits of drastic technological advancements. Every few generations, emerging technologies converge and the world witnesses a metamorphosis. From scaling the surface of mars, to off-roading in driverless cars, science and technology have transformed the modern world. Yet, one virus brings the entire humanity to a complete... Continue Reading →
The COVID-19 pandemic, the first contemporary pandemic, is first and foremost a human tragedy, affecting hundreds of millions of people. Illness and death are just the obvious consequences, but they are accompanied by children being out of school, businesses being shut, many people on the brink of financial disaster, termination of transportation and implementation of... Continue Reading →
India’s startups and entrepreneurs have always proved that they are capable and have immense capacity to come together to solve real problems. At a time when the world is struggling so hard to fight against this deadly virus, some of India's brightest entrepreneurs have come together to fight its spread through unique ideas and solutions... Continue Reading →
INTRODUCTION As restrictions on movement and nonessential work take place across the country, co-working spaces have become ghost towns. Co-working is an arrangement in which several workers from different companies share an office space, allowing cost savings and convenience through the use of common infrastructure, such as equipment, utilities, and receptionist and custodial services, and... Continue Reading →
INTRODUCTION Startups are fragile because their businesses are not yet validated for scale. Their ecosystems are constantly changing, and they are still struggling and paving out a way for success despite having limited money and time at their disposal. So imagine their plight when a pandemic (such as Covid19) occurs, causing them to rethink and... Continue Reading →
INTRODUCTION Covid-19 has managed to plunder and destabilize the world in just a few months, putting in danger not only lives, but economic boundaries, well-established global businesses, and the very essence of the world’s financial system. The uncertainties surrounding the evolution of the coronavirus and its impact on the global economy are gripping. Before Covid-19 the... Continue Reading →
It has long been said that the cinema is not simply a place, it is an entire experience. In India, with one of the world’s biggest audiences and their mutual love for the ‘cinematic experience’, it is especially beloved. It has assimilated itself into the Indian culture and has even become tradition for many. But... Continue Reading →
Businesses have suffered as a result of the lockdown imposed in countries all over the world. While the sole purpose of work may be to earn money, there is an undeniable feeling of ‘community’ and ‘togetherness’ generated in a workplace. The global pandemic has drastically changed the ‘office experience,’ by forcing millions of people to... Continue Reading →
The Covid-19 pandemic is the most significant event of 2020, so much so that experts suspect it will take an awfully long time for normalcy to return. This event may even change some things for good. With cases on the rise and the extension of the original lockdown, it seems that India may be stuck... Continue Reading →
It's the first day of school. There are three new students who are sitting on a bench in their classroom. They are excited to start their journey at a well-respected establishment. Each of them is eager to do well academically so that they can get good jobs later and lead a better lifestyle than the... Continue Reading →
The general public hopes that after Lockdown 4.0, life will begin to return to normal, despite the lingering threat of COVID-19. After more than two months under lockdown, India is planning to ease its restrictions slowly. The Ministry of Home Affairs (MHA) said new guidelines have permitted considerable relaxation in restrictions and that states will... Continue Reading →
Today the world experiences an event never seen in recent times. At least not on the scale of COVID-19. Entire countries and their economies brought to their knees, never before seen global response, and people forced to either leave their jobs or work from home. Such is the current situation, at the writing of this... Continue Reading →
Something very interesting happened in mid-April. Netflix was now worth more than Exxon Mobil, the oil titan. With many people stuck at home, the usage of Netflix soared while the oil prices dropped for the very same reason. This has been observed not only in the case of Netflix but other online services like that... Continue Reading →
The last three decades have made India and the world experience the wonders of globalization, the process through which the financial, cultural and political aspects of our lives have developed a global nature. It has allowed multinational corporations to outsource their operations to third world countries and to make enormous profits. However, the very spine... Continue Reading →
Entrepreneurship Development Cell 