Youth constitute one third of our total population. A significant number of the youth are in the vicious circle of poverty, illiteracy and unemployment. A large number of youth do not have the opportunity of steady income generating avenues. As a result, a large chunk of our youth does not form part of the mainstream of National Development. Many departments, agencies and NGO's have over the year conducted in addition to other programmers, vocational training to impart functional skills with a view to make the youth economically productive citizens. It has, however, been realized that besides skill development, it will be necessary to provide counseling, finance, institutional and infrastructural support to the youth in order to launch meaningful economic activities for gainful self employment.Youth of our country are highly idealistic and potent change agents. Cooperative is considered as one of the most effective Institutional mechanisms for a sustained economic development programme for empowering the youth.