The government is taking its ‘Startup India’ campaign to various college campuses across the country, helping students to launch business ventures and become job creators. The government and All India Council of Technical Education (AICTE) have introduced a new policy enabling students pursuing undergraduate and postgraduate degrees to take up a specialized course on startups. The President Pranab Mukherjee will unveil this policy.
This step has been taken to give a push to Prime Minister Narendra Modi’s Startup India Campaign, which has the world’s largest number of such ventures. This will promote student-driven startups. The policy will serve as a guide to groom students to take up entrepreneurial careers. A new committee will be formed to re-orient academic curriculum too.
This policy will also ensure that students who launch their own startups are able to complete their education without any hurdle. For this, the institutes will allow them the flexibility to take a cooling off period for a year and join the course again.
Aiming High
The aim of the policy is to create 100000 tech-based startups in the next ten years and the provision of acquiring a degree with specialization in startups will be ensured in all the professional courses including B.Tech, BBA, M.Tech, BPharma and others.
As a part of this policy, students will be able to learn the basics of entrepreneurial marketing and small business management among other skills.
This policy will help revive the industry and create more jobs needed to absorb as many as 10 million people.
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