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Periyar University Vice-Chancellor K. Muthuchelian speaking at the Entrepreneurship Motivation programme at Gobi Arts and Science College on Thursday.
ERODE: The country needs more entrepreneurs to sustain the growth momentum and achieve the status of a developed nation, Periyar University Vice-Chancellor K. Muthuchelian has said.
Entrepreneurship is the key to the growth of any country.
Entrepreneurs generate employment opportunities, pay taxes and contribute to the huge inflow of foreign exchange, which in turn are used by the government to develop infrastructure and implement more welfare programmes for the people, he pointed out.
He was addressing a gathering of students after inaugurating the entrepreneurship motivation programme jointly organised by the Department of Economics of Gobi Arts and Science College and District Industries Centre on Thursday.
“The country has abundant resources and offers tremendous opportunities for the students to start their venture and grow strong. People, particularly in this part of the State, are know for their entrepreneurship skills. Students here should realise this fact and work towards becoming entrepreneurs,” he stressed.
Talking on the qualities of entrepreneurs, Mr. Muthuchelian said that a successful entrepreneur is someone who does something new, creates new value to customers, takes risk and expects reward for his/her innovation. “Know yourself before you start your venture, have the right attitude, identify the needs of the people, bring in something new and translate the new idea into a viable business,” the Vice-Chancellor told the students.
Entrepreneurs can sustain their success if have the ability to manage, organise and utilise the resources including the manpower effectively.
Mr. Muthuchelian also pointed out the programmes being implemented by the Central and State governments to promote entrepreneurship.
“Huge amount of incentives and loans at lower interest rates are being given to the entrepreneurs. Students should learn about these programmes and take full advantage of them to start new ventures,” he stressed.
The Vice-Chancellor, appreciating the organisers of the programme, urged the educational institutions to put in more efforts to develop entrepreneurship skills among students.
“India will become one of the richest nations in the world, if the educational institutions can bring in more entrepreneurs like N. R. Narayanamurthy,” he said.
College President P. Karuppannan, Secretary K.M. Natarajan, Principal R. Sellappan, Department head S. Lakshmanan and Programme Co-ordinator A. Raja spoke.
Resource persons from the government organisations and various industries delivered lectures on different topics.
Students also interacted with the entrepreneurs during the programme.
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