entrepreneurship education in India

1. The Entrepreneurship
Education in India.
Dr. Tushar Chaudhari,
Assistant professor,
Seth Kesarimal Porwal College, Kamptee

2. Objectives
 To study significance of
entrepreneurship education in India
 To study the status of
entrepreneurship education in India
 To suggest effective measures to
improve the quality of
entrepreneurship education in India.

3. Introduction
 The role of education in producing the
entrepreneurs is enormous. The
entrepreneurship creation process
through education depends upon the
quality of education and presence of
environment encouraging innovation.
 job creation and economic development;
 strategic adjustment/realignment;
 deregulation and the privatization of
public utilities and state-owned
enterprises.

4. Significance of Entrepreneurship
Education in India
 The youth population in the age- group 15-24 years has
augmented from 195 million in 2001 to 240 million in
2011.
 This might also translate into workers having more self-
determination in choosing their careers, rather than be
forced to work because of family circumstances, caste
affiliation, or lack of a social safety network.
 The university education system has vital responsibility
in directing this massive young population for
betterment of their life as well as betterment of society
as a whole.
 If India want to enhance its economic growth it has to
give passable employment opportunity to its people.
This amount of employment and other social welfare
can only be provided by entrepreneurs.

5. Significance of Entrepreneurship
Education in India
 Most of the university programmes are
centered in upbringing the wage
earning professionals. This customary
approach has been criticized on the
ground of escalating unemployed
people, over qualified students having
less viable knowledge.

6. Entrepreneurship education in
India
 All the universities specially
management faculties including IIM are
making an conscious effort to promote
entrepreneurship among their students.
 The University Grants Commission
(UGC) has circulated curriculum for
promoting entrepreneurs at under-
graduate level to all the universities.
Similarly, All India Council for Technical
Education (AICTE) has been promoting
Entrepreneurship Development Cells
(EDCs) in engineering and technology
colleges.

7. Types Entrepreneurship
Education
 Entrepreneurship orientation and
awareness programmes which focus on
general information about
entrepreneurship and encourage
participants to think in terms of
entrepreneurship as a career.
 New enterprise creation programmes
designed to develop competences that
lead to self-employment, economic self-
sufficiency or employment generation.
 Programmes that focuses on small
business survival and growth.

8. Entrepreneurship
Education

9. Basic questions related to entrepreneurship
education in India
 Whether teaching should be for entrepreneurship or
about entrepreneurship?
 The foundation of teaching – whether it should be
based on management theories or on some not-as-yet-
defined theory of entrepreneurship ?
 The situating of the education – should it be placed
within the secure context of the university auditorium or
in small firms, or somewhere in between academia and
practice ?
 Whether students should work individually (the heroic
Schumpeterian entrepreneur) or collectively (the
entrepreneurial network entrepreneur). How the
substance of what is taught is formulated ?
 Whether entrepreneurship is conceptualized as an art
or a science?

10. Institutes engaged
Entrepreneurship Education
programme
 Government institutions
 Academic and training institutes
 Banks and financial institutions
 Industry associations
 NGOs

11. Suggestions
 Nullify the research gap between academic
syllabi and practical requirements.
 Unemployment: Especially among the youth
 Rural-Urban balance: Inequitable distribution
of opportunities and amenities
 Industrialization: Move from agrarian
economy to industrial society.
 Capital formation: Ensure that capital reaches
the hands of the competent and prepared
entrepreneurs.
 Labor utilization: to motivate trainees to
become employers or become skilled
employees.

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