In view of the Delhi government’s decision to establish Skills and Entrepreneurship University, stakeholders share what impact could the idea yield

FUTURE-READY APPROACH


The entrepreneurial mindset is seen as a life skill that can be taught. Formal teaching and training around it can help the reinforcement. It is high time we brought entrepreneurship to mainstream education. In a world where we are preparing students for jobs that do not yet exist; there is no other education than entrepreneurship that can prepare us to deal with the unemployment challenge.

– Priyank Narayan, director, Centre for Entrepreneurship, Ashoka University


BETTER SUCCESS RATE


India is already a source of successful entrepreneurs. The newer generations have a more favourable view of the risk-reward balance that entrepreneurial opportunities offer. Credible entrepreneurial universities that offer relevant curriculum can certainly improve our success rates. The entrepreneurs of today will become the business leaders of tomorrow, offering desirable employment opportunities to the country’s youth.

– Anurag S Rathore, dean, Corporate Relations, IIT Delhi


REVAMP VOCATIONAL EDUCATION


Setting up entrepreneurship universities will not solve the problem of unemployment in India. The government should rather provide impetus to revamp the vocational education system to foster skill development in line with the German Apprenticeship Model. With India placed optimally at the 63rd position in the World Bank ‘Ease of Doing Business’ rankings, establishing it as a global entrepreneurship hub would not only increase foreign direct investments (FDI) but also catalyse job creation.

– S Senthil Ganesh, chairman, executive education programmes, TA Pai Management Institute (TAPMI)


PRODUCE MORE JOB CREATORS


Entrepreneurship enables economic development while facilitating creativity and innovation. Entrepreneurship education has already been integrated into the curriculum of the top engineering and management schools as it helps students transform from job seekers to job creators. Formal education will open doors to new ventures, businesses and alliances.


– Srikrishna Deva Rao, vice chancellor, National Law University (NLU), Odisha



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