Economy

Harnessing the Youth Through Micro Credit

By Dr Amiya Sarma

INTRODUCTION: As the unemployment problem in the North East is becoming unmanageable, there is a need to find out avenues for self-employment. In most cases, it seems the reluctance on the part of the youths seems to be a result of unavailability of finance. Since the traditional approach to financing entrepreneurs will not be able to bring these borrowers under its net, a newer approach, even different from the ones already existing, is the need of the hour. Below some suggestions regarding the problem are put forward.

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