Abstract
The Indian economy requires strong growth, empowered by youth, and this can be done by channelizing their creative skills and energy toward successful business ventures. In Tamil Nadu, the Tamil Nadu Adi Dravidar Housing and Development Corporation Limited (TAHDCO) scheme was incorporated in 1974 under the Companies Act of 1956. The objective of the scheme was to improve the socio-economic status of SCs/STs in Tamil Nadu. TAHDCO introduced a scheme in every district, especially meant for marginalized people from a low socio- economic background, to enhance entrepreneurship. This scheme offers financial assistance with subsidies to support entrepreneurship, in addition to training programmes that help start and sustain small businesses. The Self-Employment Programme for Youth (SEPY) under the TAHDCO scheme focuses on youth in the age group 18- 35.To have a lasting impact, the promotion of youth entrepreneurship is to be approached comprehensively, emphasizing sectors with job creation potential and integrating the three components of sustainable enterprises social, economic and environmental.
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