A six-week free training for unemployed youth in entrepreneurial activities was inaugurated by VIT chancellor G Viswanathan on Wednesday.
The training is being organised by the Centre for Sustainable Rural Development and Research Studies attached to the university, in association with the Entrepreneurship Development Institute (EDI), Government of Tamil Nadu.
Speaking on the occasion, Viswanathan said industries played a vital role in the development of the country. Educated and unemployed youth should venture into their own business activities without expecting government jobs and turn themselves into job creators rather than being job seekers. Expressing concern over the depreciating rupee, he said the fall in the exports was the main reason for the situation.
“We need to produce goods to compete with international markets and export them to balance the deteriorating economic conditions,” he pointed out.
The government should encourage small, medium and large enterprises to increase productivity and youngsters should volunteer to accept the challenges to uplift the country from the crisis, he added.
Joint director of EDI, Jayachandran said the six-week long programme would focus on training youngsters on repairing air conditioners, refrigerators, water coolers etc. After the the training, steps would be taken to help the candidates avail bank loans with subsidy to start their own business ventures. Project officer of the centre Tamilmaran welcomed the gathering. VIT vice- presidents Sankar Viswanathan and G V Selvam among others spoke on the occasion.