Need for Entrepreneurship education at school level in India



India is one of the fastest growing economy marching towards development and safer infrastructure. Our honorable ex-President Dr. APJ Abdul Kalam’s desire was to introduce entrepreneurship learning in the Indian education syllabus at the school level. As you aware, very great inventions like the “zero”, Yoga and “many great medicinal products” were invented by Indians but shockingly, Indian entrepreneurs are only 3% of the world entrepreneurs.
Wikipedia defines Entrepreneurship as “the process of designing, launching and running a new business, which typically begins as a small business, such as a startup company, offering a product, process or service for sale or hire. The people who create these businesses are called entrepreneurs.
While most of the population of graduates are searching for jobs, why don’t they try to keep up their own business? Entrepreneurs create job for themselves as well as create job for others. There is a report says “Over 80% of college graduates are entrepreneurs in Spain”
Entrepreneurship education is expected develop attributes and skills required to become a successful entrepreneur starting from School. When these qualities inculcated from a very young age, they can create long lasting good effects on the learner.  This learning will harness our knowledge on help business idea generation, productization, sales and marketing and overcome failure. Entrepreneurship education also has many benefits with regard to the country as a whole. It creates job opportunities to many people in urban and rural areas, demolishes poverty and provides a good scope of employment. It also aids in community development.
You might have a question. Although India being the second largest population in the world and encourages a wide range of professions, why can’t it create better entrepreneurs? In spite of Indians being the CEO’s of many companies, why cannot they be good entrepreneurs? The reason could be, Indians are not having the right foundation and infrastructure to become entrepreneur. In my opinion, an increase in the number of entrepreneurs in India will eventually increase the standard of living, wealth creation and sharing.
Thailand being one of the smallest countries, has had a contribution of 20% of the total entrepreneurs worldwide. According to the 2014 global report concluded by the Global Entrepreneurship Monitor (GEM), Uganda is the largest entrepreneurial countries in the world. And it is very surprising that India is not even included in the list.
In order to become part of developed countries list, eradicate poverty and improve the GDP (Gross domestic product) per capita, India need to create more entrepreneurs at various sectors, for that it is important to introduce Entrepreneurship education at schools, create awareness and make use of the potential available among the students. 

Sources:
https://evoma.com/business-centre/7-roles-of-entrepreneurship-in-economic-development-of-a-country/
http://edtimes.in/2014/01/economic-importance-entrepreneurship-india/
https://yourstory.com/2015/06/entrepreneurship-in-syllabus-kalam/
https://tech.co/top-15-entrepreneurial-countries-world-2015-06
www.forbes.com/sites/adigaskell/2017/04/05/learning-to-be-an-entrepreneur/
https://en.wikipedia.org/wiki/Entrepreneurship_education

Comments

  1. Unknown23 July 2017 at 04:21

    Super Karish. You have done a great job

    ReplyDelete
  2. AHG Phase II - Happy Living Community23 July 2017 at 07:50

    Good idea Karish. Very neatly written with well supported statistics. Proud of you.
    I did try couple of startups but failed, I think as u said it should be included in school education so we will do well.

    ReplyDelete
  3. Unknown23 July 2017 at 10:12

    Nice karish......

    ReplyDelete
  4. Unknown23 July 2017 at 10:47

    Nyc Idea & positive approach to unemployment

    ReplyDelete
  5. Priya Palpandian23 July 2017 at 20:07

    Good thinking karish..

    ReplyDelete
  6. Priya Palpandian23 July 2017 at 20:07

    Good thinking karish..

    ReplyDelete
  7. educationalhelp19 January 2018 at 03:44

    Thank you for sharing such great information. It has help me in finding out more detail about Education Loan For Students

    ReplyDelete

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