innovative youth driving nations growth
TRANSCRIPT
India's Demography
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• More than 50% population - Below 25
• More than 65% population - Below 35
• India Produce 20 million Graduates / year
• One out of three young graduated is unemployed in India
• Unemployed Graduates (Rural) is 36.6% and (Urban) is 26.5%
• By 2020 average age of an Indian will be 29 years
Source: census Report; Labour Ministry
India is Different
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Source: 2014 report of "Population Reference
Bureau" - orb.org
Under 35 yrs
Under 35 yrs
Under 35 yrs
Above 35 yrs
Above 35 yrs
Above 35 yrs
What India Needs most?Entrepreneurs - person with Vision A Person who organises and manages a business undertaking assuming all the risks for the sake of profits. "A person who bears the risk of operating an enterprise in the face of uncertainties related to future events."
- David McClelland
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How can we deliver National Growth
By:
Training the Youth (EDP) Creating Employment Opportunities
Government Assistance Idea of Self Employment
In a nutshell, by promoting Entrepreneurs
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Develop Intellectual Capital
of India.
India's largest book retailers
Employs : 4500+
Daily Sales : 2.5 crore
Innovative Youth - Driving Growth
Flipkart, - e-commerce company - By Sachin and Binny Bansal.
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Innovative Youth - Driving Growth
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- Kolkata-based iKure Techsoft - Built a network of rural health centres - Doctors are available through the week. - Also built back-end software platform to store health records.
Sujay Santra, 31
How Entrepreneurship help India?
- Generation of employment - Self employment - job creator than job seeker - Mobilisation of resources and skills - Government tax and revenue increase - Overall Economic development
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Role of Young Entrepreneur
• Valuing Young Talent - mobilising best talent
• Experimenting with New Technology
• Training their Workforce - for their overall development
• Inculcation Ethical values in workforce
• R&D, Innovation, Exports - to the world
• Helping nation in Fighting Unemployment
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Entrepreneurial Motivation
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Motivating Factors
Compelling Factors
Facilitating Factors
Educational Backgroud Unemployment Govt assistance
Occupational Experience Dissatisfaction with
present jobSuccess stories of
enterpreneurs
Desire to work independently
Utilisation of technical or professional skills
Advice / influence of family
Assistance from govt and financial institution Make use of ideal funds Property inherited
Advantages of being Young Entrepreneur
• More Freedom.
• Open Mindedness
• More Publicity
• More Tech savvy
• Ability to cope up failures
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Model to Create Entrepreneurs
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Inculcate Idea in School
Support Vision (Financially + Psychologically)
Polish the Gem
Add Fuel to Fire
Parents Teachers Mentors
Govt & Financial
Institutions
Practical & Financial Guidance
Provide Platform Encourage
An is Born
SWOT for Entrepreneurs
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• Young Population • Political Vision of
Current Government • Excess idle Capacity
• Hectic Startup Process
• Theoretical System of Education
• Corruption
• Low Labour Cost • High Business
outsourcing by western world
• Political Instability
• Vendetta based politics
• Cognitive policy change
Conclusion
Young Entrepreneurs are the saviours on our nation.
The demographic characteristics of our country are best suited for the emergence of young Entrepreneurs and business.
Unemployment, which is the root cause of many social evils, can only be curbed by inducing our youth to take up entrepreneurship
as a profession.
India Needs Young Entrepreneurs !!!
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