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@article{186780,
        author = {Dr. Shankar Chatterjee and Dr. M.I.M. Riyath},
        title = {Issues Related to Entrepreneurship in Sri Lanka: An Analytical Discussion},
        journal = {International Journal of Innovative Research in Technology},
        year = {2025},
        volume = {12},
        number = {6},
        pages = {2065-2067},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=186780},
        abstract = {Sri Lanka’s economy remains the backbone of national livelihoods while bearing a disproportionate burden of poverty risk, earnings volatility, and spatial inequality. The sequence of commodity price shocks, climate events, and the 2022 macroeconomic crisis, during which headline inflation peaked at 69.8% year-on-year in September 2022 and the rupee, after being floated in March, moved sharply before ending 2022 substantially weaker, thinned working capital, heightened uncertainty, and widened capability gaps across districts (Central Bank of Sri Lanka [CBSL], 2023). Entrepreneurship development in Sri Lanka involves efforts to promote startups, support small businesses, and foster an entrepreneurial culture, with challenges including financial constraints, policy gaps, and environmental difficulties. Initiatives focus on youth, women, and specific sectors, such as tourism and technology, employing strategies including training programs, startup competitions, school clubs, and improved access to finance and mentorship. Government and non-governmental organizations play a significant role through various programmes. The South Asia Leadership in Entrepreneurship (SALE) programme is implemented in Sri Lanka and Nepal by the International Labour Organization, with the financial assistance of the United States Department of State. The primary objective of SALE is to promote youth entrepreneurship by facilitating a shift in the entrepreneurial ecosystem and encouraging young people to transition into the entrepreneurial world. This research article examines the development of entrepreneurship issues in Sri Lanka, presenting relevant cases that enable academics, researchers, and others to explore these issues.},
        keywords = {Entrepreneurship / Entrepreneurs, Smallholder farmers, Sri Lanka, SALE, Unemployment, and World Bank Group.},
        month = {November},
        }