Youth Entrepreneurship and the Role of Commercial Banks in Bihar’s Economic Developments

Despite its demographic advantages, Bihar continues to experience economic stagnation due to infrastructure deficits, limited industrialization, and high unemployment rates, especially among youth. This paper explores the role of youth entrepreneurship in addressing these challenges and suggests that strategic collaboration with commercial banks can foster sustainable economic development in the region. Using a mixed-methods approach, the study assesses the existing entrepreneurial ecosystems, the accessibility of financial resources, and the responsiveness of commercial banks. The findings reveal significant gaps in financial inclusion and emphasize the need for institutional reforms and targeted strategies to engage youth. The study finishes with policy proposals designed to convert Bihar's unexploited potential into concrete developmental results via youth-led companies

Authors

Publication Details

Journal
Journal of Commerce Economics & Computer Science
Published
2025-09-19
DOI
https://doi.org/10.62823/jcecs/11.03.7956
Primary Topic
Indian Economic and Social Development
Type
article
Field-Weighted Citation Impact
0.00
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article

Youth Entrepreneurship and the Role of Commercial Banks in Bihar’s Economic Developments

Ashish Kumar, Vinod Baitha
Journal of Commerce Economics & Computer Science
Indian Economic and Social Development
article

Youth Entrepreneurship and the Role of Commercial Banks in Bihar’s Economic Developments

Ashish Kumar, Vinod Baitha
article en

Abstract

Despite its demographic advantages, Bihar continues to experience economic stagnation due to infrastructure deficits, limited industrialization, and high unemployment rates, especially among youth. This paper explores the role of youth entrepreneurship in addressing these challenges and suggests that strategic collaboration with commercial banks can foster sustainable economic development in the region. Using a mixed-methods approach, the study assesses the existing entrepreneurial ecosystems, the accessibility of financial resources, and the responsiveness of commercial banks. The findings reveal significant gaps in financial inclusion and emphasize the need for institutional reforms and targeted strategies to engage youth. The study finishes with policy proposals designed to convert Bihar's unexploited potential into concrete developmental results via youth-led companies

Journal of Commerce Economics & Computer ScienceVol. 11(03)
Openalex Percentile: Top 66%
Indian Economic and Social Development
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