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Entrepreneurship Education In India

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Entrepreneurship education in India is at infancy stage. Many of the professional institution like IIMs, IITs and Entrepreneurship Development Institute of India are taking steps towards providing entrepreneurial courses. The institutes which are providing traditional courses are taking leading step towards the development of entrepreneurship in the country. Entrepreneurship is the fusion of innovation and implementation. It allows people to bring new ideas into being for the benefit of themselves and others.
Global initiative for Entrepreneurship Development:
U.S. Universities had a great impact on the knowledge economy of the US. The innovation initiated by them has led to increased economic growth. With the enactment of the Bayh Dole Act …show more content…

Federation of Indian Chamber of Commerce and Industry (FICCI): FICCI has empowered Indian Businesses, in the changing time, to store up their competitiveness and enhances their global reach. FICCI have over1500 corporate membership and around 500chanbers of commerce and business association.
6. National Institute of Small Industry Extension Training (NISIET): NISIET was established in the year 1960 as Central Institute of Small Industry Extension Training (CISIET) in New Delhi. To keep it free from tardy and impeding administrative control and procedure the institution was shifted to Hyderabad so that the institute can play a pivotal role in the promotion of small enterprise.
7. Federation of Indian Export Organisation (FIEO): FIEO represents the Indian entrepreneur’s spirit of enterprise in the global market. set up in October, 1965, the Federation, known popularly as "FIEO", has kept pace with the country's evolving economic and trade policies, and provided the content, direction and thrust to India's expanding international trade. As the apex body of all Indian export promotion organisations, FIEO works as a partner of the Government of the India to promote Indian …show more content…

In India commerce education started at university level in the year 1913, were Sydenham University was established by Govt of Mumbai12. During the period of industrial revolution the industrialist preferred commerce graduate, and thereafter commerce education became popular among the Indian youth. Commerce education is a living discipline and is totally different from other disciplines. Hence, it must charter new routes to service the aspirations of the nation. To man the economic development of the country and to meet the growing needs of the society, there is greater demand for sound development of commerce education in Indian Universities. But, what has been going in the name of Commerce education is only liberal and general education. Is that the objective of commerce education? In the process of catering to everybody, we are not able to cater to the needs of any

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