RSETI: A Great Hope for Rural Unemployed Youths in India, Case from Telangana

Abstract

   Unemployment in India is an issue as with the increase of educated persons, employment opportunities have not been increasing at the same pace. Unemployment rate in India averaged around 7.32 percent from 1983 to 2013 reached an all-time high of 9.40 percent in 2009 but reduced to 4.90 percent in 2013. Again the rate shot up to a five-year high of 5 per cent in 2015-16. According to the Fifth Annual Employment-unemployment Survey at all-India level, about 77 per cent of the households had no regular wage/salaried person. In view of this, to tackle the issue of unemployment, self-employment is best alternative as wage-employment cannot be provided to all. The role played by RSETI in full form it means Rural Self Employment Training Institute has been doing laudable work as youths who are willing to take up self-employment are supported by RSETI where lakhs of youth were provided with self-employment venture. In this article, four cases based on Telangana are presented here.