Youth Entrepreneurship in Indian Scenario

By 2017, World Bank estimates that there will be about 4 billion youths less than 25 years old and a big portion of that will be in India. Many young people cannot nd employment. This has become particularly acute since the education explosion in early 2000’s. These outcomes are both inef cient and inequitable. Evidence shows that the unemployed are unhappier, more likely to experience a range of health issues, and face dif culties in integrating back into the labour market place. The development of Indian society in general and the growth of the economy in large, requires the strong empowerment of youth. In developing economy like India, promotion of entrepreneurs and entrepreneurship has become a priority for the government, nancial institutions and academic institutions. One potential way of integrating young people into the global economy is to increase youth entrepreneurship. The objective is simple - to understand youth entrepreneurship and its role with focus on Indian scenario