• S.John Kaviarasu
• A. Hendry Ruban
• J. Jai Dinesh

Background: Out of many mounting unemployment problems in India, increasing number of people take up entrepreneurial jobs which helps reduce the rate of unemployment. The latest report by ILO in 2018 reveals the fact and India has an estimated 18.6 million jobless in the country which will increase to 18.9 million by the end of 2019. To address this unemployment problem, entrepreneurship is the right choice which plays a potential role in creating self-employment not only by the youth and but also by women. Objectives: This paper explores the effect of entrepreneurial activities on the rate of unemployment in India and also presents the list of government schemes which are being implemented by the Govt of India. These schemes are great beneficial for the people, because it addresses and brings alternative solutions to unemployment. Research Methods and Materials: It is an empirical study from the secondary source of information and data available in the form of journal articles, Reports in daily newspapers and from the Google, the largest library and search engine in the world. Descriptive research design has adopted to explain the facts of unemployment and the avenues of entrepreneurship and its support by Government of India through introducing various schemes. Results and Conclusion: This paper clearly explains how and in what way entrepreneurship helps to resolve rising unemployment problems in the society. Unemployment problem could not be fully solved by entrepreneurship by a few and group of individuals, unless and until government and private sectors play an active role to support entrepreneurial education. This paper calls the attention of the policy makers and economists to come up with self-employment policies so as to address the country’s economic policy in a much broader context.

Entrepreneurship, Unemployment, Schemes, Self-employment, Entrepreneurial activities, and Economic Policy

"ENTREPRENEURSHIP AS THE BETTER SOLUTION FOR UNEMPLOYMENT OF PEOPLE IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 2, page no.543-553, February-2019, Available :http://www.jetir.org/papers/JETIR1902182.pdf

"ENTREPRENEURSHIP AS THE BETTER SOLUTION FOR UNEMPLOYMENT OF PEOPLE IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 2, page no. pp543-553, February-2019, Available at : http://www.jetir.org/papers/JETIR1902182.pdf