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8/2/2019 Promotion of Youth Entrepreneurship
1/20
Prof.K.Parthasarathy, P.hd.,FIIALLE
DirectorInstitute for Entrepreneurship and CareerDevelopment &Department of Continuing Education
Bharathidasan UniversityTiruchira alli 620 023
Promotion of
YouthEntrepreneurshi
p
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Social and Economic Profile
1.4 percent annualpopulation growth
(113Crores)
35% of the total populationremains illiterate
Income distributionremained very unequal
Top 20 percent of thepopulation receiving 39.3
percent of national income
The bottom 20 percentreceiving 9.2 percent.
20% of the urbanpopulation live below thepoverty level
30 percent of the ruralpopulation live below thepoverty level
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Youth Profile Persons between 15-35
years age-group as youth
49% of the Indian totalpopulations are youth
Youth has emerged as adistinct and powerful sociodemographic group in India
Youth is the most importantasset and strength of thenation
Youth can play animportant role in the
Therefore it is imperative todevelop the youth with aview to make them
educationally sound,socially useful andfinancially self-dependent
One of the keys to aproductive & competitiveeconomy as on today is awell- trained & adaptablework-force
Soft skills and training have
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Youth Unemployment Profile
The unemployment isvirtually the problem of
educated youth
The total number in the liveregisters of EmploymentExchanges as on 31stMarch 2008 is 55.15 lakhs
The placement registrationratio in 2005 was 9.2%
A substantial chunk in theLive Register are
matriculates and above
1.22 lakh post graduates6.13 lakh graduates &27.43 lakh matriculates,
HSc/PUC & diplomaholders (engineering &others).
76 percent of graduate are
unemployed
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Causes of the Youth Unemployment
Present educational system
produces job-seekers
only but not job-providers
and income generators.
Schools, colleges and
universities do not promote
youth entrepreneurship tostart their own businesses
and show how to get things
done.
Our cultural and
Our educational systemdoes not teach the studentsthe success principles.
Very limited openings for
government jobs and other
white-collar jobs are in the
already saturated and
overstaffed public sectorsand stagnant private formal
sectors.
A major cause of youth
unemployment among the
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Majority of the youth are not
aware about the
opportunities thrown to
them for self-employment
and entrepreneurial career.
Most of the youth are not
being exposed to thepossibilities which
entrepreneurship provides.
Most of the youth are not
engaged in daring actions
Majority of the youth are notaware of the power ofentrepreneurship.
Lack of business planning
skills which are essential to
start your own business;
Lack of businessmanagement skills which
are essential to grow your
business rapidly;
Causes of the Youth Unemployment
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Lack youthentrepreneurship motivationprogramme for parents tomotivate the parents inorder to promote youthentrepreneurship as acareer
Lack of youth
entrepreneurship
appreciation programme for
support organizations to
develop their interest and
involvement and create a
Lack of youthentrepreneurshiporientation programme forteachers to educate theteachers on youthentrepreneurship educationneeds, enabling them toconduct awareness and
counseling programmes onyouth entrepreneurship.
Causes of the Youth Unemployment
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Why the most of the Youth are
Unemployed ?
Poor Communication Skills
Speaking Skills in English
Skills in Computer Literacy
Presentation Skills of CV
Leadership Skills
Cant Work as a Part of a
Team
Inability to Learn Innovations
Negative Attitude
Wont Learn fromTeammates
Lack of Counseling Skills
Lack of Punctuality
Improper TimeManagement
Lack of Meeting Challenges
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Entrepreneurs are Not Necessarily
Born Entrepreneurs are not
necessarily born.
The capacity to start and
run a business is not
hereditary or limited tothose caste or communities
who are traditionally in
business;
Business background is nota precondition of being a
successful entrepreneur noris being rich a sufficientcondition for businesssuccess;
The ability to make moneyand became rich is notinborn, or hereditary orconfined to a few. It can bedeveloped and acquired;
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The entrepreneurs do not
have to be highly educated.
Studies indicate that more
than half of successful
entrepreneurs are not even
matriculates.
Records show that
scientists, who are among
the most highly educated
persons, have not becomesuccessful entrepreneurs.
No one starts life with any
of the necessary qualities,
skills, knowledge andcharacteristics fully
developed in order to be
successful
Studies indicate that many
entrepreneurs who were
postgraduates have failed.
Entrepreneurs are Not Necessarily
Born
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Studies show that
entrepreneurs coming from
non-business families have
higher degree of
entrepreneurial orientation
and commitment than the
entrepreneurs coming from
business families, business
castes and business
regions;
Studies reveal that todaysrichest people are mostly
first generationentrepreneurs.
Entrepreneurs can bedeveloped through the
practical application ofentrepreneurship skills.
Entrepreneurs are Not Necessarily
Born
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Youth Entrepreneur
Is a person who does things
differently;
Is a person who creates alarge number of new jobsfor others and becomes theboss of others;
Turns weaknesses into
strengths.
Converts great failures into
great successes.
Converts obstacles into
opportunities.
Makes the impossible into
the possible.
Turns negative thoughts
into positive thoughts.
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Youth Entrepreneurship everywhere
is the need of the hour Turn job-seekers into job-
providers
Provide the best alternative
and permanent ways of
creating sustainable
employment opportunities
for the ever-increasingunem lo ed outh labour-
Raise a developing countryto the rank of a developedcountry.
Youth entrepreneurship everywhere is the need of thehour.
It is the only way to
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Youth Entrepreneurship
through Bharathidasan UniversityIECD
Nodal Agency
College Level EDCCell
Short-Term/Certificate/ Diploma
Courses
Counseling &
Campus Interview
College Level
Training on EDP
Phase I
1000 Students
from 100 Colleges
Phase II
1 WeekResidential
Training to 250Students
Phase III
3 MonthsIntensive
Training to 100Students
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The educational system should highlightthe importance of entrepreneurship andprepare the students right from the collegeeducation to get oriented towards setting upof the enterprises. Diversity of skills andperseverance in work makes anentrepreneur. In addition, college syllabi
even for art, science, and Commerce coursesshould include to ics and racticals where
His Excellency Dr.A.P.J. Abdul KalamFormer President of India
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The educated should become skilled and beself-employed rather than serving under
someone;be job creators, rather than jobseekers; be innovators rather than meek andblind imitators; and be problem-solversrather than answer-givers in classrooms and
examination halls
Dr. C.ThangamuthuFormer Vice-ChancellorBharathidasan
UniversityTiruchirappalli
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