It has been observed that menace of employment is increasing with every passing day, across the country, with every day a number of youth joining the unemployed Army, thereby making it more difficult for the Government to tackle the challenge in an effective manner. Right from the first day, the Government is stressing on inspiring more and more youth to go for entrepreneurship and set-up their own units for earning a dignified livelihood in place of wasting precious years of their prime age in wait for a Government job as it is not possible for the Government to provide a job to each and every single unemployed youth in the country. Moreover, all necessary measures were also taken to provide all required assistance to the interested youth for setting-up their units with provision of necessary financial support and hand-holding as well. Moreover, the Government is also venturing into several new fields and making agreements for ensuring more and more provisions of entrepreneurship to youth, in order to strength fight against unemployment as by becoming an entrepreneur, an unemployed youth will not only secure a dignified livelihood for himself but would also provide a number of employments to several other unemployed, thereby becoming a job provider in place of job seeker. Recently, in this regard, the National Institute for Entrepreneurship and Small Business Development (NIESBUD) and the Indian Institute of Entrepreneurship (IIE), under the aegis of the Ministry of Skill Development and Entrepreneurship (MSDE), individually signed a Memorandum of Understanding (MoU) with the Indian School of Business (ISB), a top-ranked global business school on the 1st of September 2022, to offer world class management education through entrepreneurial programmes targeted towards youth, job seekers and budding entrepreneurs. This partnership will enable, development and implementation of two programmes- Business Foundations & Entrepreneurial Skills and Behavioural Skills Programme by ISB faculty and industry experts. Additionally, NIESBUD and IIE will drive the enrolment of youth, job seekers and entrepreneurs on the ISB LMS, across these two training programmes. A joint certification will be issued to participants on the successful completion of the courses. Lauding the partnership, Rajesh Aggarwal, Secretary MSDE said that stakeholders are striving to create ample opportunities for the youth and entrepreneurs, contributing to the nation’s development. In present time, skills are rapidly advancing and there is an urgent need to evolve adapt with these changes by providing relevant skill training to the youth. He also said that the partnership is in line with the overall vision of creating a holistic environment to support entrepreneurship and skill development, making India the Skill Capital of the World. The Business Foundations & Entrepreneurial Skills programme will cover introduction to microeconomics and macroeconomics and foundational aspects of business are covered through marketing management, operations management, competitive strategy, negotiation analysis and basics of finance. Further, entrepreneurial skills are provided through this program by providing entrepreneurial orientation, understanding the start-up development pipeline and identifying market needs, problems, and opportunities. Behavioural Skills Programme is aimed at empowering youth with a range of skills and strategies to enhance their personal and workplace effectiveness. The course will include building self-awareness, inculcating growth mindset, effective verbal & non-verbal communications, presentation & public speaking, art of networking, building personal brand, art of storytelling, intro to technology, ace job interview, and negotiation analysis, among other skills.
