• kanika gupta
• anjali sharma

ABSTRACT An entrepreneur is a person of immense importance who is one of the vital pillars that supports economic growth of the country. A shadow entrepreneur is an individual who has not registered his business under any statutory authority. The present paper offers conceptual understanding of the term ‘shadow entrepreneurs’ and impact it can exert on increasing GDP of the economy if they are brought into light. It also tries to show the impact of rising shadow entrepreneurs on the economy. The facts stated have been gathered from secondary sources. Presence of shadow entrepreneurs in the economy is leading to various deformities in the economy. These deformities are due to the assorted reasons mentioned in the paper. If this darkness is enlightened with support of government it can help to increase GDP many folds. According to a study by business today, “United States” the world’s largest economy, bluster about their 28 million small business enterprises. In India the number is almost double¬- ‘A whooping 48 million’. What keeps India lagged behind?

Keywords: Entrepreneur, Shadow Economy, Informal Sector, Unregistered entrepreneur

"SHADOW ENTREPRENEURS: AN UNEXPLORED POTENTIAL", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 4, page no.482-491, April-2019, Available :http://www.jetir.org/papers/JETIR1904166.pdf

"SHADOW ENTREPRENEURS: AN UNEXPLORED POTENTIAL", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 4, page no. pp482-491, April-2019, Available at : http://www.jetir.org/papers/JETIR1904166.pdf