In 1968 Italy was emerging from the economic miracle that had turned it into a modern country and was heading for stormy years of social and political turbulence.2 Today, it is still one of the leading advanced economies, though it is threatened by decline. Fifty years ago the credit system was almost entirely public and now it is almost all private.
These are organised not only by the national and state level institutions such as the national entrepreneurship institutes at Ahmedabad, Noida, Hyderabad and Guwahati and MSMEDIs but also by various Industrial Training and Vocational Training institutes through specialized courses supported by the Ministry of Medium, Small and Micro Enterprises (MSME). 26. Another facet of Government policy has been to create a culture of entrepreneurship.