New Delhi, December 01: At a time when India is increasingly becoming the ‘youth capital’ of the world, students in the country should not end up being job-seekers but should become entrepreneurs and create employment opportunities for others, Vice President M Venkaiah Naidu said on Saturday.
Addressing the 17th Convocation of University of Petroleum and Energy Studies (UPES) in Dehradun, the Vice president called for imparting Entrepreneurial Education in technical institutions so that a larger number of graduates do not end up as mere job seekers but possess the confidence and the skills to create businesses, jobs and wealth.
Enormous youth population
“The world is increasingly turning its attention to India today because of its steady pace of growth which is much faster than most major economies of the world. India also has the advantage of an enormous youth population, with 50% of its population below 25 years of age,” Naidu said.
Expressing hope that the employability of young graduates will increase, Naidu urged the universities and the industry to join hands to groom students to be future-ready professionals.
Saying that routine jobs are now being replaced by Artificial Intelligence and Automation, Naidu asked educational institutions to train students to perform tasks that machines simply cannot.
Abandon rote learning
Advising educational institutions to abandon rote learning, he asked them to focus more on assimilation of diverse information, problem solving, decision making and analysis.
He also called universities to strive to bridge the gap between theory and practice and promote research in a big way by networking with industries, R&D labs within India and abroad.
Transforming India into major technological power
Stressing that India’s strength is in its young people who will play a key role in transforming India into a major economic and technological power, he asked them to remember their social responsibility and to give back to the people of India the fruits of technological advancements.