Entrepreneurship: A Way out for Unemployed Youth in India

Young people are major human resource for development and driving force for economic development. Global youth unemployment rate is projected at 12.6 per cent. India, ranks 7th in unemployment percent in comparison to the world. The present study tends to find how entrepreneurship building is a way out for unemployment. The results interpreted are that merely education does not encourage entrepreneurship but courses that enhance entrepreneurial talent can be of great assist; similarly financial aid can help to build youth entrepreneurs. The challenge is to ensure that more opportunities are created in the formal economy, allowing for a smooth transition from school to work for India’s youth.