A Rural Self-Employment Training Institute giving rural youth one to six week courses, with food and lodging covered.
Erode disburses ₹42,579 in small business loans per lakh population. The district trains 498 youth per lakh under short-term skilling, better than the typical district. The Rural Self Employment Training Institute prepares rural youth to use credit like this to start their own enterprise.
63% of registered enterprises are in services while 37% are in manufacturing. Only 6% of employment is in small and medium enterprises. 87% of school-age children are enrolled in higher secondary school (classes 9–12).
In Erode, which ranks 7 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 self-employed workers at 35.7% and young people in the labour force aged 15 to 29 at 53.3%. On skilling trainees who get certified at 94.1% and women-owned enterprises at 30.3%, it sits close to the national mark.