Rural youth with limited education are also well informed and harbour entrepreneurial hopes, Vice-President Venkaiah Naidu said on Thursday. He mooted greater support for them in areas such as access to credit, technology and marketing to help them emerge from poverty.
“The challenge is to encourage more youth to make the choice of becoming entrepreneurs, rather than job-seekers. Many more opportunities for decent livelihoods must be created in the rural areas,” he said.
“Creating a facilitative eco-system for rural entrepreneurship is very important. Mentoring is a crucial part of this eco-system,” said Mr. Naidu at an international mentoring summit.
While the government is promoting inclusive growth through programs like Start Up India and skill development, Mr. Naidu said that both the public and private sectors had to work hard to create an enabling ecosystem for budding entrepreneurs.
“I see immense scope and possible intervention of Corporate Social Responsibility (CSR) funding to support the unique mentor movement for creating successful entrepreneurs,” he said, suggesting that profitable larger companies can help lakhs of youth.
Youth needed sustained support, guidance, counselling and timely advice to apply their skills, he said.