India 's youth population is expected to be the largest in the world in decade ahead, over 500 millions. Creating gainful and productive work for them is greatest challenge. No Government or any number of large organizations can employ such vast populations. If not addressed appropriately, the nation could face unprecedented scenario of unrest and chaos due to unemployment among aspiring youth. On the other hand, this can also be viewed as a rare and unique opportunity for the nation to create an entrepreneurial society.
A possible logical approach is to embark upon a new educational initiative: students with entrepreneurial-spark identified and imparted with competencies to setup and manage new enterprise of own. A good number of the future generation has to become the engines of wealth creation for the rest of them and the nation.
The need is to fill the gap in preparing today's youth with an entrepreneurial CEO mindset, supported with skills to deal with changing critical needs of the knowledge era that is revolutionizing the global economy.
For this to happen, large number of educational-heads and faculties are required to be equipped with entrepreneurial mindset and competencies to enable brightest students towards knowledge entrepreneurship. The public-private partnership in true spirit of wealth creation is necessary to empower future breed of knowledge entrepreneurs.
Value-creating teachers who can build Knowledge-TEAM that understands technological innovations and converts them into viable enterprise are required in large numbers. As such, educational input that develops all-rounded professionals with added excellence in managerial and enterprising ability is required. Today's knowledge seekers require increasingly greater value-addition from education, in least possible time.
Furthermore, the avenue of this form of entrepreneurship-education should remain open to all, from rural to urban areas, based on aptitude evaluation. This would enable individuals rooted within a geography to become primary business drivers, at their own levels; thus paving way for equitable opportunities for growth for all. Through continuing growth in exposure and expertise, they would develop into nation's leaders in all walks of life, in decades to come.