The Pocket Money

The Pocket Money

Revolutionizing Employment Opportunities for India's Youth

The problem The Pocket Money solves

When considering India's youth (ages 16 to 25), we often see students who have been focused on their studies from a young age. However, many of these college students still rely on their parents for "pocket money," which limits their independence and keeps them within a world controlled by parental decisions and scrutiny.

In parallel, we observe that India's employment drive largely depends on Micro, Small & Medium Enterprises (MSMEs) and local stores in our markets. These sectors provide the bulk of employment opportunities in India. However, this system has faltered over the last decade. To address this, we have developed a solution that creates a completely new field of opportunities.

We also need to recognize what international companies with elite abroad stores that arrived in India after the 1991 Liberalisation (like McDonald's and Domino's) require when they enter India. They need a skilled, well-versed English-speaking workforce at the ground level to enhance customer experience. However, there has always been a shortage of such a workforce. The solution lies in our hands, but cultural and traditional factors often prevent Indian youth from pursuing these opportunities. They lack a respectable platform to approach these companies or local stores. Moreover, bias and complications at these stores have discouraged kids from well-to-do families from taking up such jobs.

Challenges we ran into

While building the FLN system to validate users we had to tackle a vector database and integrate an ML model for checking fluency of the user. Implementing the ML model was challenging and we came across various bugs while doing it. We also had difficulties in finding a differentiator in our problem statement.

Tracks Applied (1)

Sustainable Development Goals

The Pocket Money app aligns primarily with the following United Nations Sustainable Development Goals (SDGs): 1.⁠ ⁠SDG ...Read More

Technologies used

Discussion