This study is to assess an existing policy concerning the development of bamboo-based entrepreneurship. Bamboo, a highly versatile plant, is cultivated both in natural forests and homesteads and is referred to by various names such as ‘Green Gold’ and ‘the Miracle Grass’. It holds significant socio-economic and cultural importance for numerous communities in India. India ranks second only to China in terms of bamboo diversity, with Assam being reported as the largest bamboo producer in the country, situated in the North Eastern Region. Bamboo finds diverse applications, ranging from the production of utensils, handicraft items, medicines, to the construction of houses, and its use in rituals spanning from childbirth to death. In Assam, bamboo is an indispensable component of every household. Bamboo presents enormous potential for generating employment and supporting livelihoods across society, thus serving as a catalyst for entrepreneurship development. The study aims to investigate the government's policy measures for promoting bamboo cultivation. It adopts both descriptive and analytical approaches, utilizing primary data collected from bamboo growers in Assam and secondary data sourced from various media including government records and journals. The findings from the analysis of the 2019 Assam Bamboo and Cane policy indicate that a majority of bamboo growers are unaware of government initiatives aimed at fostering bamboo-based entrepreneurial activities. Consequently, they do not benefit from these policies.