promotion of youth entrepreneurship

8/2/2019 Promotion of Youth Entrepreneurship

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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;



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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.



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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.


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.


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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promotion of youth entrepreneurship

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