TEN MILLION
ENTREPRENEURS ?
Each year , India adds 12 million youth to its
work-force
Only 2 million get jobs , leaving 10 million to fend
for themselves
Eking out a " subsistence living " , these 10
million are euphemistically called,
> Self Employed
> Start-Ups
> Entrepreneurs
There is an urgent need to go beyond rhetoric / lip
service / tinkering , to empower them , to become REAL entrepreneurs
I have explained how this can be done in my earlier
blog :
Some naysayers are bound to say :
" But entrepreneurship cannot be
taught
Either it is in your blood or it is
not "
Then they will try to support their argument by citing
Bania communities
Accepting this argument , would be a defeatist attitude
!
Here is how we can produce a generation of ENTREPRENEURS , 5 years from now ( if we start
NOW ) :
* Introduce " Entrepreneurship "
as an mandatory subject in High Schools
and Colleges
* Each such School / College to be "
Adopted " by a Corporate ( CSR ? )
* Each adopting Corporate will bear the
full expense of running this
course ( Teachers' Salaries
etc )
* Such expense to be tax-exempt ( or offset
as Corporate CSR obligation )
* Exams to be in the form of presentation
by teams of final year students
on,
" HERE
IS A BUSINESS I
PLAN TO START "
* Presentations to be judged by Panels of
Venture Capitalists / Angel
Investors / Incubators etc
* Winning teams ( 1st / 2nd / 3rd
prize ) , to be offered funds by the
Panel Members ( as seen in
some TV programs )
Fund amounts should be small (
Max Rs 100 lakhs ) and preference to
be given to projects involving
healthcare / education / manufacturing /
agriculture / food processing
etc
* Winning Teams , setting up Start Ups with
these VC funds , to be
encouraged to hire graduating
students from the non-winning teams
This " encouragement
" to be in the form of reimbursement of salaries of
such hires ( only such hires ), under " Employment Generation Subsidy "
from concerned State Government
, where this Start Up gets registered ,
since , employment is a State
Subject
Such
Salary-reimbursements will be for first 3 years of Start Up
To create an entire GENERATION of ENTREPRENEURS ,
we need to start at the roots
Some years later , when this FIRST generation becomes
parents of their own 10 year olds , those
SECOND generation youngsters will have entrepreneurship in their genes !
This is one way of preparing a GM ( genetically modified
) Generation , to which , there ought to be all round support
-----------------------------------------------------------------------------------
hemen parekh
20 Oct 2015
www.hemenparekh.in>Blogs
(M) 0 - 98,67,55,08,08
PS :
Please do spare a few minutes to read ,
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