Youth urged to opt for self-employment

By Our Staff Reporter

HYDERABAD, MARCH 18. The gross domestic product of the country had increased from five to six per cent following implementation of the new economic policy, said Dr. E.A.S. Sarma, Principal, Administrative Staff College of India.

He was addressing the prize distribution function of the all India essay writing competition organized by the Iqra Society for Career Guidance here on Saturday.

He termed as a myth the belief that the new economic policy would lead to widespread unemployment. Though there would be a reduction in the number of jobs in the Government and public sector, there would however be a boom in job openings for youth in the private sector. The hallmark of the new economic order was efficiency and competence, Dr. Sarma said and advised youth to equip themselves for the challenge.

Mr. K.S.V. Krishnamachari, Managing Director, SBH, asked students to go in for self-employment and entrepreneurship for which banks were providing credit facilities.

The essay writing competition on "India's new economic policy - implications for the youth" drew response from all over the country. Some of the winners are: Messrs Nitin Mittal (Delhi), Suresh K. Naid (Goa), Dr. Swanand, Sandeep Ramteke (Maharashtra), Abdul Wahab Khan, K. Vijaya Bhaskar, Manoj T. Thomas, Ms. Aparna Avasarala (A.P) and Dr. Hidayatullah (Gujarat).

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Section  : Southern States
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