It does not augur well for the economy: VC
TIRUCHI: The increasing trend of big Indian industries networking as subsidiaries of multi-national companies does not augur well for the economy's growth, according to the Vice-Chancellor of Bharathidasan University, C. Thangamuthu.
Such a trend has reflected in the industries in service sector laying an overemphasis on soft skills and ending up catering to the manpower requirement of the MNCs, he said, inaugurating the `Entrepreneurship Orientation Programme for College Students', organised by the University's Institute for Entrepreneurship and Career Development (IECD), in association with the Tiruchi District Tiny and Small Scale Industries Association (TIDITSSIA), on Monday.
He said that the task at hand was to identify students with intuition for enterprise and help them progress, getting over the reservations on self-employment imposed by the social and family systems. Limitless job opportunities were also a stumbling block for entrepreneurship.
Success was assured, provided prospective entrepreneurs among students prepare themselves mentally to withstand difficulties at the beginning of their ventures. They should be nurtured and initiated into devising innovative concepts. Their project proposals must find easy acceptance of the bankers, he said. He presented to the Vice-President of TIDITSSIA, G. Sankar, the first copy of `Imprints in Continuing Education.'
Offering felicitations, Mr. Sankar emphasised that self-employment was a viable recourse for those who were sound in technical aspects, but lose out in campus interviews owing to lack of communication skills. He said that there was no better alternative to the mental satisfaction accruing from fulfilling social obligation towards society by way of providing gainful employment.
K. Parthasarathy, Director, IECD, said that the initiative focussing on final-year students was target-oriented.