Punjab govt launches Business Blaster Young Entrepreneurship Scheme for school students

The scheme has been launched with the aim to develop business skills among students and generate young entrepreneurs at the school level.

Punjab Education Minister Harjot Singh Bains launched the Business Blaster Young Entrepreneurship scheme on November 1, 2022. The scheme has been launched with the aim to develop business skills among students and generate young entrepreneurs at the school level. Education Minister Bains said under this scheme, the students of Class 11 will be provided seed money of INR 2,000 to start a business. Under the first phase, the scheme will be launched in 31 schools in nine districts -- Amritsar, Jalandhar, Ludhiana, Patiala, Sangrur, Hoshiarpur, Ferozepur, Rupnagar, and Sahibzada Ajit Singh Nagar.

The scheme will be implemented in all schools in the state from the next academic year, he said in an official release. Under this scheme, first business proposals will be taken from children and then those proposals will be discussed with established industrialists.

A group of eight students will be formed for a proposal which is found suitable and they will be given complete guidance, he said. There are intelligent children studying in the government schools of Punjab and they have the ability to change the country and the world, Bains said. He hoped that this scheme will not only turn the students of government schools into employers but also eliminate many problems of the state.

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