Entrepreneurial Challenges Among Youth – with Special Reference to Sivagangai and Ramanathapuram Districts in Tamil Nadu
C. Vethirajan1, S. Chandrasekar2, MK.Ganeshan3
1Dr. C. Vethirajan, Professor and Head, Department of Corporate Secretaryship, School of Management, Karaikudi (Tamil Nadu), India.
2Dr. S. Chandrasekar, Assistant Professor, Department of Commerce, Madura College Autonomous, Madurai (Tamil Nadu), India.
3Mr. M K. Ganeshan, Alagappa Institute of Management, School of Management, Karaikudi (Tamil Nadu), India.
Manuscript received on 19 January 2020 | Revised Manuscript received on 02 February 2020 | Manuscript Published on 05 February 2020 | PP: 202-208 | Volume-8 Issue-4S5 December 2019 | Retrieval Number: D10481284S519/2019©BEIESP | DOI: 10.35940/ijrte.D1048.1284S519
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: The Indian economy requires strong growth, empowered by youth, and this can be done by channelizing their creative skills and energy toward successful business ventures. In Tamil Nadu, the Tamil Nadu Adi Dravidar Housing and Development Corporation Limited (TAHDCO) scheme was incorporated in 1974 under the Companies Act of 1956. The objective of the scheme was to improve the socio-economic status of SCs/STs in Tamil Nadu. TAHDCO introduced a scheme in every district, especially meant for marginalized people from a low socio- economic background, to enhance entrepreneurship. This scheme offers financial assistance with subsidies to support entrepreneurship, in addition to training programmes that help start and sustain small businesses. The Self-Employment Programme for Youth (SEPY) under the TAHDCO scheme focuses on youth in the age group 18- 35.To have a lasting impact, the promotion of youth entrepreneurship is to be approached comprehensively, emphasizing sectors with job creation potential and integrating the three components of sustainable enterprises social, economic and environmental.
Keywords: TAHDCO, SEPY, Entrepreneurship, Economic Development and Environmental Sustainability.
Scope of the Article: Environmental Engineering