View AbstractAdequate legal and policy frameworks are essential elements that can promote the growth of entrepreneurship in markets. This paper focuses on a comparative study of these government schemes, regulatory, and policy frameworks to identify potential obstacles among many of the frameworks in India, Bangladesh, Thailand, Sri Lanka, Nepal, Bhutan, and Myanmar. However, there are differences in the frameworks that may contribute to various developmental stages in entrepreneurship in the BIMSTEC region. The study demonstrates how governments in various nations implement similar laws and policies to encourage the emergence of entrepreneurial opportunities. The frameworks of those seven nations are compared in the article to the BIMSTEC agenda. The research also demonstrates that the laws and rules governing enterprises face difficulties in the BIMSTEC region, “1.68 billion people, or 22% of the world's population, reside in the BIMSTEC region, and its member countries' yearly GDP totals US$3.697 trillion” (ABOUT BIMSTEC – Home-The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), n.d.). This paper offers some suggestions for India to take to encourage entrepreneurship using the comparison.