Pillar: Economic Participation
Erode's credit-deposit ratio stands at 147.9, better than the typical district. 71.7% of credit goes toward productive, non-personal use, better than the typical district. Bank-led credit in the district is the channel that turns local deposits into loans for business.
63% of registered enterprises are in services while 37% are in manufacturing. Only 6% of employment is in small and medium enterprises. 71% of school-age children are enrolled in higher secondary school (classes 9–12). Only 48% of ITI trainers are certified.
In Erode, which ranks 8 of 38 in Tamil Nadu for youth opportunity, the overall opportunity score is 54.5 out of 100. It runs ahead of the national picture on bank branches per lakh people at 19.9.
Mandated services and how to locate the Bank-Led Credit for Enterprise in Erode are in the Erode district course and the English reference guide (Hindi). See the Erode youth opportunity scorecard for the full district picture.