President Pranab Mukherjee has stressed the urgent need for management education in India to complement entrepreneurship training as start-upsand small businesses must come up to create jobs for the millions of youth entering the working population.
Addressing the special session of All India Management Association (AIMA) on its diamond jubilee at Rashtrapati Bhavan yesterday, the President said, “This is perhaps the only way that we can fully utilise our demographic dividend. The youth, simultaneously, need to be equipped with suitable skills to man the jobs that get created.”
He commended the AIMA for taking the initiative to set up a council to teach management and entrepreneurship skills. These skills would improve the employability of Indian youth and enable many to set up new enterprises.
Mr Mukherjee said India has made tremendous progress since 1957, the year in which AIMA began its journey. AIMA has, since its inception, made an outstanding contribution to the development of management culture and capability. Indian managers are considered the best and are always in high demand.
Among those present on the occasion were Sunil Kant Munjal, President, AIMA and Chairman, Hero Corporate Service, Rekha Sethi, Director General, AIMA and Preetha Reddy, Past President, AIMA and Vice Chairperson, Apollo Hospitals Enterprises Ltd.