Turn job seekers into job creators: Hamid Ansari
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Turn job seekers into job creators: Hamid Ansari

Wednesday, 29 April 2009, 02:30 Hrs   |    3 Comments
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New Delhi: India has to build a sustainable micro-entrepreneurship movement, which would transform many of its job seekers into job creators, Vice-President Mohammad Hamid Ansari said here Tuesday.

"Such entrepreneurship, however, needs to be broad-based and supported by the civil society," Ansari said while addressing a conference on entrepreneurship, jointly organised by the Bharatiya Yuva Shakti Trust (BYST) and the Confederation of Indian Industry (CII)

BYST is a non-profit organisation, which is promoting micro entrepreneurship among the youth.

Estimates show that about 93 million people would enter the work force in India between 2007-17. Ansari called for innovative solutions to meet the employment demand and said creation of micro entrepreneurship was a sustainable way to take the country ahead in the 21st century.

He said this should be done to ensure that the marginalised sections get enough opportunities to live a decent life.

Punjab National Bank chairman and managing director K.C. Chakrabarty assured the conference that any deserving young person with innovative business ideas would not be deprived of funds for the project.

Describing youth entrepreneurship as a critical movement for nation-building, Chakrabarty called for greater involvement of all stakeholders to replicate and scale up this model.
Source: IANS
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Reader's comments(3)
1: I Welcome this move. Thanks to PNB for such talks. What I have observed about nationalised banks are, things are not easy to deal with nationionalised banks. Nationalised banks shows double standards in most of the schemes.

They give something promising in the advertisements and when we enquire they solicit with ill treatment. Because nobody is ready to take risk on fund collection.
Posted by:Anand Ravindran - 03 May, 2009
2: I find it quite encouraging. It seems to solve the problems of unemployment.
Posted by:Fanatic Ind. - 28 Apr, 2009
3: Without money, what are you going to do? Entrepreneurship will not come handy without the knowledge and risk appetite.
Posted by:lakshan - 28 Apr, 2009