Saturday, February 23, 2013

Job creation: Thinking aloud!

What can a million dollar do towards relevant and sustainable job creation. The issue of job creation is really important and whiles governments all over seriously deliberate how to create jobs for their citizenry same must be done for the Ghanaian or African.

Firstly, the government has a problem of wealth distribution, poverty alleviation and jobs for the numerous graduating students from the tertiary institutes, vocational institutes,etc. The trip towards poverty alleviation is not through freebies at all levels of the society. If government can radically introduce sharp solutions which i hope to propose a few in this article, it will be a leap towards poverty alleviation.

Start-ups, Start-ups and Start-ups: What can a million dollar achieve? Firstly , why can't government learn from the organizers of events like Ghana Most Beautiful, Miss Ghana, Miss Universe, Miss Malaika,  etc? In almost all these events, which aim towards unearthing the talents of the youth, the organizers travel across the length and breadth of the nation. From one region to another , they organize miniature events to select usually the best two or three people. Similarly, government can create regional competition among the youth (i am not careful enough for this definition); with a million dollar, each region can get an equivalent of 100,000dollars. Even if the best three are selected and the amount shared amongst them (i.e. a minimum of 30,000dollars) , this will be 30 start-ups every year. Government can provide an office space to help these start-ups for a period of five years to ensure their sustainability and survival since it stands to benefit immensely with each success. If the government decides to commit to this for a decade, this will result in 300 start-ups. Of course, its such start-ups which will create some employment for the teeming graduates in the society.

To be continued...