Introduction:
Educated constitute nearly 40% of the unemployed. incidence of unemployment among the educated lab our force is 11.8% against 3.8% for educated and uneducated taken together. Further, the incidence is much higher viz. 26.7% among women than 9.8% among educated men. Women constitute 27% of the educated unemployed level of education. Projection made using alternative techniques, put the estimate of educated unemployed at 6-7 million in 1992. This is out of an estimated educated Labour force of 52 million. Of the new employment opportunities that are being generated in the economy in recent years, about 45 per cent are estimate to be going to the educated. But, though relatively high, the employment growth of the educated still falls short of the growth of labour force by about 7 lakhs in a year. The trend of a higher growth of their employment is likely to continue with the introduction of modern technologies There may, in fact be a shift towards employment of the educated in the activities which hitherto were the preserve of the uneducated. Hence, the problem of the educated needs a special focus within the overall strategy for tackling unemployment. Prime Minister’s Rozgar Yojana (PMRY) seeks to address itself to this problem.

Objective:
The PMRY aimed to provide employment to more than a million persons by setting up of 7 lakhs micro enterprises by the educated unemployed youth during the last four years of VIII five year plan i.e. 1993-94 to 1996-97. The scheme continued in the IX Five year plan . The scheme has been continuing in the X Five year plan . It relates to the setting up of the self employment ventures in all economically viable project (except direct agricultural operations like raising of crops & purchase of manure etc) The scheme also seeks to associate reputed non-governmental organization in implementation of PMRY scheme especially in the selection, training of entrepreneurs and preparation of project profiles.