Yuva Samvaad on “Start-Up Ecosystem & Entrepreneurship”

Jalandhar, January 30, 2024: The PG Department of Commerce & Management of PCM S.D. College for Women, Jalandhar, organized a Yuva Samvaad on "Start-Up Ecosystem & Entrepreneurship" under the Swavlambi Bharat Abhiyan in association with Swadeshi Jagran Manch, Punjab. 

The objective was to motivate and inspire students to pursue entrepreneurial careers, providing deep insights and removing mental blocks. The resource persons for the event were Sidharath Shankar Sharma, Advisor, Department of Co-operation, Haryana, and Prant Samanvayak, Punjab State Swavlambi Bharat Abhiyan and Dr. Ashish Arora, Head, Department of Management Studies, GNDU College, Jalandhar, EDC Coordinator & Entrepreneurship Promoter & Facilitator.

Dr. Pooja Prashar, Principal, PCM SD College for Women, Jalandhar and Alka Sharma, Head, PG Department of Commerce and Management, offered a green welcome.  

The Principal  gave valuable insights on relevance of such an event in current times and congratulated the department for organizing it. 

The “Yuva Samvaad” was initiated by Sidharth Shankar Sharma, he used a bilingual medium to explaining the students and discuss the vitals of entrepreneurship. He deliberated that India is the best country to work in as at present the ecosystem is the best as India is a fast-growing economy with valid employable opportunities in terms of jobs and self-employment. He also mentioned that government is readily available for financing the projects. He also explained that after completion of education students are left with only two options namely – jobs and self-employment. But only 7 % of them get government jobs and 20 % get absorbed in private sector and hence, there is ample scope for entrepreneurship. He cited various examples of students who are earning while learning and those who started from being roadside vendor to a famous 500 crore worth business in Delhi. Talking about Reliance and Sonalika, he said that in India 80% of the billionaires are first generation billionaires. He concluded the one must identify one’s own skills, have a clear vision, courage to take the first step and dedication to make it happen.
Taking this discussion forward Dr. Ashish Arora, came up with an interesting and engaging presentation on idea generation. Addressing the students, he expressed that one must realize their real call and passion. He also said that a business idea must be jaw dropping and innovative, this ensures that the startup will be successful. He said that one just needs to do three steps namely - idea generation, business model and business plan and for the rest work support is available and help can be taken. He also motivated students to idealize a role model in their lives, and gave examples of – Trillion worth company- Apple and companies doing out of box jobs – Kashmir Box, Milk Basket and Oyo Hotels etc. He further added that – value addition, low cost for you, technology and innovation, removing mind blocks and conditioning the minds of parents for removing resistances. At last, he suggested reading various books like – think and grow rich etc. It was an interactive session students raised various valid queries and were answered satisfactorily by our dynamic resource persons. 

Alka Sharma presented the Vote of thanks. She said -India has to focus on its Manufacturing to be Swavlambhi Bharat to Aatamnirbhar Bharat and further becoming a 5 trillion economy in the next five years. She said that this discussion will surely make students realize the trigger points and make them aware about their real call and ambition. She talked about projects like Rafael fighter planes from France and Semiconductors from US with technology transfers in due course proves that Aatamnirbhar Bharat does not means operating in isolation as there is interconnectivity and inter dependence.

The stage was handled by Shikha Puri, Dean, Commerce Club. 92 students of undergraduate and post graduate classes and the faculty members attended the program. The workshop served as a knowledgeable and learning experience for students, that gave guidance and deep insights about entrepreneurship that will help them excel in their lives and attain their goals.
President Naresh  Budhia, Senior Vice President Shri  Vinod Dada, the other honorable members of the  Management Committee and the Principal  applauded  the efforts of the Department of Commerce for successfully organizing the event.