ISSN: 2265-6294

Perspective of Youth towards Entrepreneurship in Himachal Pradesh

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Nivesh Sharma, Digvijoy Phukan, Shashi Punam

Abstract

Entrepreneurs are the future creators of the nation. For a country, entrepreneurship can serve as a catalyst in economic progress by generating jobs and contributing to national income. Entrepreneurship is about starting a business and such a person undertakes the associated risks and responsibilities. It is an opportunity for the youth to fulfill their career needs and implement their ideas. Government of India is promoting the culture of entrepreneurship among youth by implementing different schemes. This article seeks to understand the perspective of youth studying in universities of Himachal Pradesh towards entrepreneurship and their awareness about the different government schemes related to entrepreneurship. The article highlights that the respondents were not taking entrepreneurship as their immediate career options because of the associated risks. In spite if this, some were of the view that the present time is for entrepreneurs. They also narrated stories when people failed to sustain their new enterprise due to lack of experience. Himachal Pradesh is famous for apple cultivation, and several respondents expressed their desire to initiate horticulture-based ventures using latest varieties and technologies.None of the female respondents wants to choose agriculture or horticulture as a career option. Many respondents were not aware about different schemes being implemented by the Government. The author argues that there is a pressing need for a social worker who can work with youth to generate awareness about entrepreneurship and provide necessary guidance.

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