Entrepreneurship or salaried employment?

In "A Bitter-sweet Success", Business Standard, December 25, 2018, we noted an increase in self-employed entrepreneurs over the past two-and-half years.

This growth of self-employed entrepreneurs notwithstanding, the most preferred employment of the average young educated man and woman is that of being a salaried employee. The greatest hope of a young Indian is to get a government job or a formal five-digit monthly salary in the organised private sector.

When we say that we need to create 12 million jobs every year (human development economist, Santosh Mehrotra would like to correct that number to a much lower ask) to