1. Preparing Today’s Youth for Tomorrow’s
Financial Responsibility
UNEMPLOYMENT CRISIS IN INDIA

2. Why is YE so important?
 Youth is a period of transition and
vulnerability
 Vulnerability appears to increase with
globalization and increased competition,
everywhere
 Long periods of unemployment have a lasting
impact on youth:
 Individual level: self-esteem, respect, sense
of achievement
 Societal: integration, cohesiveness,
citizenship

3. Yen's 4 E’s to address youth
unemployment
1. Employability – investing in education
2. Equal opportunities – for men and
women
3. Entrepreneurship – start and run
businesses
4. Employment creation – as part of
macroeconomic policy

4. India Literacy Rate

5. The First E. Employability
• Definition: a key outcome of education
and training to instill skills, knowledge
and competencies of workers
• Reality: high cost of investment, skills
mismatch
• Invest in life skills, life-long learning, ICT,
entrepreneurship, SSEs in and out of
school

6. The Second E. Equal opportunities for
young men and women
• Before school: equal access and entry
for boys and girls
• In school: “tracking” out of TVE, career
guidance, double burdens, cultural
barriers, gender stereotyping,
harassment
• After school: credit access, lower skills
• In the job: discrimination in pay, training,
promotion

7. The Third E. Entrepreneurship
• Cultural attitudes: negative perceptions of
entrepreneurship, corruption, social
entrepreneurship
• Education: a system that stimulates
entrepreneurial spirit, teachers’ training
• Skills training: career training, ICT
• Business support: skills and services to run
your own firm
• Regulation: taxes, laws and burocracy
• Finance: youth as risky investments

8. The Fouth E. Employment creation
• Yes, it is the economy that creates jobs!
 Labour market policies
 Macro-economic policies
 Exchange rate policies
 Sectoral policies
 External economic shocks, disasters and wars
 Institutional support for youth employment:
governance, national employment strategy,
monitoring

9. Economic Problems

10.  Control of Population growth
 Employment Ability
 Communication skills
 Analytical skills
 Knowledge of its field domain
 Power of his authorities
 More vacancy , more opportunity
How To Overcome

11. Unemployment Is Problem
How To Overcome
Youth are the
solution