Unemplyoment is the problem of every developing nation. Due to increase in population day by day, government is unable to ensure jobs to everyone.

Therefore, many developing countries are following the conventional strategy of creating employment by attracting people, offering them tax rebates, i.e., partial refund ; including many other facilities to lure them, so they (employers) locate their upcoming plants on their soil, thus creating industrial employment.

But there are certain limitations to this:

  • Industrial plants create toxic wastes which results in air and water pollution and other environmental issues, which outweighs the benefits made by the industries.
  • The little benefit made brings only substantial relief to the dwindling economy of the host country , in addition the profits made are carried back by the parent country‚Ķ

SELF EMPLOYMENT, this on the other hand has no such drawbacks.

The only issue with self employment is that it is not as fancy or high class as a new factory.

  • The biggest benefit is that the profits made remain in the same country where they are produced.
  • Newly self employed industries are too small to create environmental pollution.
  • It is helpful to poor person, as it gives him a sense of pride and self respect, in addition, he is his own incharge of the working hours and conditions.
  • It helps people to choose between running a business full time or part time, for a salary.
  • The illiterate and poor can also exploit their strengths as for self employment one has to be street smart and have traditional skill rather than having a degree in marketing; in simple words, it is not mandatory.
  • Self employment gives victims of prejudice, who coluld not be hired because of their colour or the national origin and chance to eran a living.
  • The cost of creating self employment is 10, 20 0r 100 times lesser than creating industry based employment.

Self employment has some limitations also, but in an economy like India, where corruption is in roots and the taxpayers refuse to carry their loyal duties on their shoulders.

Here in our country, the policy needed for eradication of poverty must be much wider and deeper than just to think and talk about it. Real eradication of poverty begins when people are able to control their own fate.

Poor people are like BONSAI TRESS.

When we plant the best seed of the tallest tree in a flower pot, we get a replica of the tallest tree, only inches tall. There is nothing wrong with the seed we planted; only the soil base, thatb is too inadequate. Poor people are BONSAI PEOPLE. There is nothing wrong with their seeds. Simply, society never gave them the base to grow.

All it takes to get the poor people out of poverty is for us to create an enabling environment for them. Once the poor are able to unleash their energy and creativity, poverty will disapper quickly.

For a change, the central government of India has launched certain schemes to promote self employment among the people.


Launched by Prime Minister Narendra Modi on 25th September, 2014.


To promote India to be a manufacturing hub.

Economic transformation in India.

To eliminate unnecessary law and regulation.

Total 25 sectors have been included in this. Some of them are-

Automobile, Chemicals, IT, Pharmaceuticals, Textiles, Leather, Tourism and hospitality, Design manufacturing, Renewable energy, Mining, Electronics.


Launched by Prime Minister Narendra Modi on 15th July, 2015.

Focuses on creating jobs for the youth.

The government has decided to revamp the outdated industrial training centres that will skill over 20 lakh youth annually and creating 500 million jobs by 2020.

If our government is giving us opportunities and platform like this, we should grab them as responsible countrymen to give a helping hand to poverty and unemployed youth of the society.


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