“Entrepreneurship is the key to unlock the developmental progress”
The above line has said enough to understand the importance of entrepreneurship in a nation. It leverages the economy as well as sabotages the ill- vibes, spread in an economy. Entrepreneurs like Aman Mehndiratta gave shot to this kind of business in order to bring possible and positive changes in the society and nation. Entrepreneurship can mend the developmental program in many ways but the biggest and most known sector which can be affected positively is unemployment. If unemployment is conquered, then fiscal progress will become obvious, so the main point to tackle with this economic issue is, vanishing the unemployment from the country.
How unemployment can be lethal for the country
Unemployment has been continued to remain one of the most lethal socio-economic problems. Does it continue inhibiting the progress of nation? Apparently, unemployment can be said as the root cause of all the social vices. These social vices are fraud, robbery, kidnapping, prostitution, terrorism, destitution, political thuggery, and the list goes on.
There is no doubt in saying that unemployment is followed by poverty and poverty is followed by unemployment, so it turns out to be a vicious loop which never ends. On an average, we can say that there is approximately a quarter of our population, which is hustling around in search of proper job or employment. Half of our population is working on lower levels despite having more talent and aptitudes. You see employment issues prevail over the talent.
Well, one solution to tackle this employment issue is- Entrepreneurship.
How entrepreneurship can challenge the unemployment.
Entrepreneurs play a very vital role in job creation and providing opportunities to people.
Aman Mehndiratta believes that creating jobs is much more efficient than doing a job. He had a vision for a better future for all of us. This to bring this betterment in society, he decided to step in in the world of entrepreneurship. Aman knew that this can work as the panacea for sinking the economy and increasing unemployment.
Solving this problem actually requires a tough action across both public and private sectors. This can be done with two key things- creating more jobs and giving young people the skills and confidence to fill the vacancies. In other words, entrepreneurs leverage economy by growing their businesses which will have an impact on employment rates, ultimately lowering the poverty rate.
Youth, unemployment, and entrepreneurship
The most pathetic condition is when a youngster completes his/her education and training but could not find a relevant job. Yes, being a talented unemployed youth hurts the most. It is like allowing young people to follow their dreams. Also, they can start their own businesses that we’ll see a significant change in the youth employment statistics. We know the ambition is there, right??
The challenge now is to provide people with the support and the environment they need to turn their ambitions into reality. Now, this is the place where entrepreneurs enter to help. Creating jobs for talents is all we need to boost the economy as well as social development.
