The Indian middle class has however now sorted out the basic sustenance issues and can
also afford in order to allow their children to thus chase their dream of building an
enterprise.
The purpose of this article is however to make the reader aware of the reasons as to why the
job creators and not job seekers the future of a progressive india.
also afford in order to allow their children to thus chase their dream of building an
enterprise.
The purpose of this article is however to make the reader aware of the reasons as to why the
job creators and not job seekers the future of a progressive india.
By 2050, it is thus likely that the entrepreneurship history of India will however be divided
into a pre-Startup era and also a post-Startup era. The most important role of however any
elected government is thus to create jobs and also to ensure that its citizens have a means in
order to generate income and also lead a fulfilling life.
History has thus shown that the governments however choose two ways in order to create
jobs. Either it thus starts the enterprises by itself, or it either creates a favorable
environment and an ecosystem for its citizens in order to set up the enterprises and generate
jobs.
The current NDA government, which is thus under the leadership of Prime Minister
Narendra Modi, has however taken a high-level decision in order to walk the latter path and
this is thus clearly also evident from its ‘Start-up India’, ‘Make in India’, ‘Digital India’ and
also ‘Skill India’ programs.
This thus however creates an interesting situation for the vast middle-class population of
India, who are thus largely salaried professionals. They thus now also have the opportunity
in order to imagine their children becoming entrepreneurs and thus also are employing
people.
There is a change that is thus happening globally and also the changing times are however
bringing in new opportunities.
“The Internet has thus also changed the world dramatically. In the terms of economics, the
combination of the three factors — access to knowledge and also the information which is
on the Internet, ability in order to create products using the technology and also to distribute
it to customers across 2B Internet users globally — is thus the biggest opportunity for the
wealth creation that India has thus seen since its independence.
It is however important in order to know as to what is changing in India and also as to why
now is the time for the students in order to think seriously about being a job creator rather
than a job seeker.
1. AICTE National Student Startup Policy
The AICTE is thus the apex body for the technical education in India and it has now taken
the initiative in order to upgrade a dated system. In November last year, the former Indian
President had however launched the AICTE National Student Start-up Policy, which, among
the other things, allows the college students to in order to convert their final year projects
into a campus start-ups. It thus also allows the universities in order to grant those, who
have gained the experience of thus creating a start-up, a Minor in Entrepreneurship
certificate, thus besides the main degree.
The academic system has thus also done a massive pivot by however creating the policy
framework for the students in order to build start-ups while in college and also thus
recognizing this as a part of their final engineering degree. This will thus also open up a
world which is thus full of entrepreneurship opportunities for thus nearly 4 million
engineering students.
into a pre-Startup era and also a post-Startup era. The most important role of however any
elected government is thus to create jobs and also to ensure that its citizens have a means in
order to generate income and also lead a fulfilling life.
History has thus shown that the governments however choose two ways in order to create
jobs. Either it thus starts the enterprises by itself, or it either creates a favorable
environment and an ecosystem for its citizens in order to set up the enterprises and generate
jobs.
The current NDA government, which is thus under the leadership of Prime Minister
Narendra Modi, has however taken a high-level decision in order to walk the latter path and
this is thus clearly also evident from its ‘Start-up India’, ‘Make in India’, ‘Digital India’ and
also ‘Skill India’ programs.
This thus however creates an interesting situation for the vast middle-class population of
India, who are thus largely salaried professionals. They thus now also have the opportunity
in order to imagine their children becoming entrepreneurs and thus also are employing
people.
There is a change that is thus happening globally and also the changing times are however
bringing in new opportunities.
“The Internet has thus also changed the world dramatically. In the terms of economics, the
combination of the three factors — access to knowledge and also the information which is
on the Internet, ability in order to create products using the technology and also to distribute
it to customers across 2B Internet users globally — is thus the biggest opportunity for the
wealth creation that India has thus seen since its independence.
It is however important in order to know as to what is changing in India and also as to why
now is the time for the students in order to think seriously about being a job creator rather
than a job seeker.
1. AICTE National Student Startup Policy
The AICTE is thus the apex body for the technical education in India and it has now taken
the initiative in order to upgrade a dated system. In November last year, the former Indian
President had however launched the AICTE National Student Start-up Policy, which, among
the other things, allows the college students to in order to convert their final year projects
into a campus start-ups. It thus also allows the universities in order to grant those, who
have gained the experience of thus creating a start-up, a Minor in Entrepreneurship
certificate, thus besides the main degree.
The academic system has thus also done a massive pivot by however creating the policy
framework for the students in order to build start-ups while in college and also thus
recognizing this as a part of their final engineering degree. This will thus also open up a
world which is thus full of entrepreneurship opportunities for thus nearly 4 million
engineering students.
2. Vanishing the IT Jobs Driving Students Out of the Comfort Zone
For however nearly two decades, Indian IT services companies, which was led by Infosys,
TCS, Wipro, Cognizant, and others thus created a world-class outsourcing model, generating
a large-scale employment for the graduating students. However, thus with the advent of a
cloud and also automation, a lot of these jobs are thus now becoming redundant, as the IT
services companies thus no longer need in order to hire so many people.
It is thus estimated that the campus and graduate recruitment by IT service companies will
thus however go down from nearly 4,00,000 students a year to 1,00,000 a year. Needless in
order to say, this will also thus take the students out of their comfort zones and will also fire
them up to pick up the skills that thus would make them an employable post college. They
thus possibly can also start their own successful ventures.
3. Companies Preferring Achievement Credentials over Academic Credentials
Also, With the general tightening of recruitment, companies will however thus be looking
for the students who have however proven achievement credentials rather than the regular
academic credentials. Jobs that are however currently on-demand thus require knowledge of
the latest technologies, so the students are thus required to be up to date; which is thus not
something which our current academic system thus allows.
The , achievement credentials can thus also be built by creating the real products, solving
the real problems, and also learning hands-on by thus setting up a campus start-up.
Graduates who however have an experience of creating a start-up from their ideas will thus
also have a significant edge when it thus comes to hiring over those who however have
simply gone through the academic rigor. They are thus also straightaway part of the nation’s
pool of the potential job creators, as it is thus unlikely that resourceful youngsters, who
however have had a taste of the entrepreneurship, will thus give up on their dreams so
easily.
4. Rising Middle Class Can Afford To Let Their Children Take Risks
For our previous generation, the onus was however also on taking up a steady job thus
quickly after graduation, in order to generate income to however meet the basic
requirements. However, in 2017, the rising middle class in India has thus however mostly
sorted out the basic sustenance issues and can thus now afford in order to allow their
children to thus explore life outside college, chase their dream of thus building an enterprise
and also to create wealth, instead of however taking up a job immediately after completing
education in order to support their families.
For however nearly two decades, Indian IT services companies, which was led by Infosys,
TCS, Wipro, Cognizant, and others thus created a world-class outsourcing model, generating
a large-scale employment for the graduating students. However, thus with the advent of a
cloud and also automation, a lot of these jobs are thus now becoming redundant, as the IT
services companies thus no longer need in order to hire so many people.
It is thus estimated that the campus and graduate recruitment by IT service companies will
thus however go down from nearly 4,00,000 students a year to 1,00,000 a year. Needless in
order to say, this will also thus take the students out of their comfort zones and will also fire
them up to pick up the skills that thus would make them an employable post college. They
thus possibly can also start their own successful ventures.
3. Companies Preferring Achievement Credentials over Academic Credentials
Also, With the general tightening of recruitment, companies will however thus be looking
for the students who have however proven achievement credentials rather than the regular
academic credentials. Jobs that are however currently on-demand thus require knowledge of
the latest technologies, so the students are thus required to be up to date; which is thus not
something which our current academic system thus allows.
The , achievement credentials can thus also be built by creating the real products, solving
the real problems, and also learning hands-on by thus setting up a campus start-up.
Graduates who however have an experience of creating a start-up from their ideas will thus
also have a significant edge when it thus comes to hiring over those who however have
simply gone through the academic rigor. They are thus also straightaway part of the nation’s
pool of the potential job creators, as it is thus unlikely that resourceful youngsters, who
however have had a taste of the entrepreneurship, will thus give up on their dreams so
easily.
4. Rising Middle Class Can Afford To Let Their Children Take Risks
For our previous generation, the onus was however also on taking up a steady job thus
quickly after graduation, in order to generate income to however meet the basic
requirements. However, in 2017, the rising middle class in India has thus however mostly
sorted out the basic sustenance issues and can thus now afford in order to allow their
children to thus explore life outside college, chase their dream of thus building an enterprise
and also to create wealth, instead of however taking up a job immediately after completing
education in order to support their families.
This article has been contributed by Simmi Setia, Content Writer at LegalRaasta, an online portal for GST software, GST Return Filing, GST Registration, Section 8 company registration, Nidhi company registration, IEC registration
Comments
Post a Comment