PM YUVA producing young entrepreneurs

Hanamkonda: The Pradhan Mantri Yuva Udyamita Vikas Abhiyaan (PM YUVA), the Central government's entrepreneurship development mission, has been launched at the town-based Kakatiya Government College.

Nehru Yuva Kendra Sangathan (NYKS) vice-chairman Perala Sekhar Rao, who launched the scheme, at the college in Hanamkonda on Thursday said it will greatly help the youth in the country to emerge as entrepreneurs.

The main objective of the scheme is to create entrepreneurs and start-ups by exposing the students to entrepreneurship education. It will give an insight into various initiatives being taken by the Centre to encourage youth to take up entrepreneurship after completion of their studies.

The scheme being implemented by the Ministry of Skill Development and Entrepreneurship (MSDE) aims to integrate entrepreneurship in schools and institutions of higher education. The youth instead searching for jobs will become job creators, Sekhar Rao noted.

The students will be supported in an organised and structured manner on larger scale to make effective use of entrepreneurial initiatives of the central government. YUVA will also connect entrepreneurs, especially from remote areas with mentors and credit markets depending on their needs, he added.

YUVA initiative will increase employability and self-confidence among the youth by creating an ecosystem for entrepreneurship development. It will bring forth the hidden entrepreneurial skills and talent of the students, Sekhar Rao explained.

The college Principal, V Vijayalakshmi, described the launching of scheme at the college as a great opportunity for the youth and asked the students of the college to make effective use of the scheme.

The faculty facilitators C Govardhan, TS Praveen Kumar, speakers Suresh Babu, E Rambhasker Raju, E Srinivas Rao, Narasimha Murthy, Balaiah and others explained the benefits of the scheme.