With the growing unemployment in the white –collar jobs, it is better to go in for a full –time training or apprenticeship course in a trade. These are a large number for industrial training institutes in our country imparting training in 32 engineering and 26 non-engineering trades to young men and women in the age group 15-26 now, recently 7 new trades have also been introduced under the craftsmen training scheme. After completing courses many ITI students do not get paid employment. Self-employment is the best alternative for them.
There are yet other self-employment opportunities for the educated unemployed, for –ex-servicemen, for women, for scheduled castes and scheduled tribes and for rural self-employment. Since they are not relevant to the present study they have been left out.
Self-employment opportunities in small scale industries
There are numerous opportunities of self-employment in small scale industry. They offer a promise of decent living. It is not supervising to learn that an enterprising young man in New Delhi was able to make a handsome earning by selling dust, after mixing it with some cleaning detergent, to the housewives. He produced dust left out of burnt coal and wood free of cost. Thus he did not make a large investment. Likewise, in many of the small scale industrial units only marginal investment is required.