“…The literature indicates that there are scanty studies that have assessed the role of start-up tools in promoting the employability of youth. Moreover, despite, the previous few studies such as Fox and Gandhi (2021), Nade (2021) and Shiferaw (2020) and Hope (2012) recommended that the startup tools are vital for enhancing the employability of youth, they have not assessed the extent the provision of the tools promote youth' employability. Furthermore, to the best of the authors' knowledge, none of the studies has blended the role of vocational training, savings and credits and start-up tools and employability of youth aged 15 to 35.…”
Section: Startup Tools and Employmentmentioning
confidence: 99%
“…This is true because the YEE project provided the complete sets of startup tools. Nade (2021) revealed that the provision of start-up tools promoted the growth of SMEs in India. Shiferaw (2020) and Hope (2012) asserted that the provision of the working equipment facilitates the employability of youth.…”
The study assessed the influence of a youth economic empowerment projects on youth employability in Ilala Municipality in Dar es Salaam region-Tanzania. The specific objectives of the study were to examine the role of training, the contribution of savings and credit facilities and start-up tools provision on the employability of youth. The study used a stratified and random sampling techniques to select 121 youths for a survey. The data were analyzed using descriptive and multiple regression analysis. The findings showed a significant and positive relationship between therole of training, the contribution of savings and credit facilities, and the role of start-up tools provision on youth employability in Ilala municipality. The study, therefore, recommends that, for promoting youth employability in Tanzania, the government, NGOs and projects should provide training and start-up tools to youth. Furthermore, the stakeholders should facilitate capital access to youth by empowering the savings and credits groups
“…The literature indicates that there are scanty studies that have assessed the role of start-up tools in promoting the employability of youth. Moreover, despite, the previous few studies such as Fox and Gandhi (2021), Nade (2021) and Shiferaw (2020) and Hope (2012) recommended that the startup tools are vital for enhancing the employability of youth, they have not assessed the extent the provision of the tools promote youth' employability. Furthermore, to the best of the authors' knowledge, none of the studies has blended the role of vocational training, savings and credits and start-up tools and employability of youth aged 15 to 35.…”
Section: Startup Tools and Employmentmentioning
confidence: 99%
“…This is true because the YEE project provided the complete sets of startup tools. Nade (2021) revealed that the provision of start-up tools promoted the growth of SMEs in India. Shiferaw (2020) and Hope (2012) asserted that the provision of the working equipment facilitates the employability of youth.…”
The study assessed the influence of a youth economic empowerment projects on youth employability in Ilala Municipality in Dar es Salaam region-Tanzania. The specific objectives of the study were to examine the role of training, the contribution of savings and credit facilities and start-up tools provision on the employability of youth. The study used a stratified and random sampling techniques to select 121 youths for a survey. The data were analyzed using descriptive and multiple regression analysis. The findings showed a significant and positive relationship between therole of training, the contribution of savings and credit facilities, and the role of start-up tools provision on youth employability in Ilala municipality. The study, therefore, recommends that, for promoting youth employability in Tanzania, the government, NGOs and projects should provide training and start-up tools to youth. Furthermore, the stakeholders should facilitate capital access to youth by empowering the savings and credits groups
Purpose: A vast part of the non-corporate sector operates as unregistered enterprises. They do not maintain proper books of accounts and are not formally covered under taxation areas. Therefore, the banks find it difficult to lend to them. The majority of this sector does not access outside sources of finance. It is in this backdrop that the Government of India (GOI) is setting up a Micro Units Development & Refinance Agency (MUDRA) Bank through a statutory enactment. This Agency would be responsible for developing and refinancing all Micro-finance Institutions (MFIs) which are in the business of lending to micro / small business entities engaged in manufacturing, trading and service activities. The bank would partner with state-level / regional level coordinators to provide finance to Last Mile Financiers of small/micro business enterprises. Since the enactment is likely to take some time, it is proposed to initiate MUDRA as a unit of SIDBI to benefit from SIDBI’s initiatives and expertise.
Objective: The main objective of the literature survey is to examine the impact of MUDRA Yojana on new start-ups and employment opportunities.
Design/Methodology: The study report relies on secondary data gathered from a wide range of areas, including websites and published publications. Following the review of the study and their area gap in the literature, the potential to examine the function of MUDRA in developing small scale industries and small and medium enterprises.
Finding/Result: The study shows that PMMY needs to have more control over the fixation of Interest rate. In the study, we can understand that people from backward castes are still not accessing the MUDRA Yojana. The study shows that MUDRA Yojana is providing the fund but not giving Skill oriented training sessions for new entrepreneurs.
Originality/Value: This study was conducted to determine the contributions of MUDRA financing in terms of operating capital to small scale Industry to create Job opportunities in rural and urban areas.
Paper type: A literature review.
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