Entrepreneurial Contribution Towards Income Generation in Nagaland

Abstract: Entrepreneurs plays a crucial role in an economy as an engine of economic and social development. The study tries to understand the role of entrepreneurs towards income generation based on primary data collected from two hundred respondents (200 units) using structured questionnaire from three districts of Nagaland- Kohima, Wokha and Mokokchung. The data were analysed using regression and correlation analysis to establish the relationship between units of enterprises and income generation. The study reveals that there is a statistically significant relationship between enterprise and income. Furthermore, it is also found that retail enterprises contribute the highest in terms of income generation. Promoting entrepreneurship in the state is crucial for fostering growth and development, while also helping to address the challenges of unemployment and income inequality.