Bengalis - ‘Do Business’: A Descriptive Study on Acharya Prafulla Chandra Roy’s Entrepreneurship Development
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Date
2020-05
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Medical Council of India
Abstract
The main objective of this original research work is to explore the various entrepreneurship activitiesexecuted by Acharya Prafulla Chandra Roy (APC), the father of Indian Chemistry. The study period hasbeen taken from 1950 to 2020 i.e. 7 decades to analyze the sustainable impact of entrepreneurial activitiesof APC. The most relevant and appropriate information has been used in the study by accessing publishedbooks, reports, articles, news papers, video tapes, audio tapes of different reputed private and governmentagencies and institutions. For visual representation, some relevant images have been incorporated in thestudy. The study finally reveals that APC tried to create an immense impact on the lives of Indiansspecially Bengalis to take the route of entrepreneurship as a career option to create jobs and not for takingjobs. To the best of his capabilities and high degree enthusiasm even at the age of 80 he tried to addressIndian youngsters for travelling to the route of innovation & entrepreneurship, setting up factories,building entrepreneurship eco system and taking India forward. In the study it has also been found that,APC was in favour of qualitative education and not at all quantitative education by rote and made asignificant and serious attempt to criticize higher education in the universities. The study also reveals thatwith the help of research and development (R&D), creativity and innovation; APC had established BengalChemicals and Pharmaceuticals Limited (BPCL), having registered office in Kolkata (previously knownas Calcutta) and with that India’s first pharmaceutical company concept originated. With BPCL, APCtried to deliver world class health and hygiene product portfolio as well as innovative drug and health caresolution with most affordable fees across India and made a significant and sustainable impact on Indianconsumers. Finally in the study it has been found that the country’s oldest pharmaceuticals company,Bengal Chemicals & Pharmaceuticals Ltd. (BCPL), set up by APC is abruptly in the spotlight due to thesudden demand for hydroxychloroquine (HCQ), the most sought-after drug in the treatment of Covid-19.
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Keywords
R&D, Drug, Innovation, Entrepreneurship Jel Classification: O32, L65, O31, L26
Citation
Nandy Anindita Maiti. Bengalis - ‘Do Business’: A Descriptive Study on Acharya Prafulla Chandra Roy’s Entrepreneurship Development . International Journal of Interdisciplinary and Multidisciplinary Studies. 2020 May; 7(2): 10-17