Students advised to become entrepreneurs

Anna University Registrar Dr G Ravikumar advised engineering graduates to become entrepreneurs. At the 16th Graduation Day of Erode Velalar College of Engineering and Technology (VCET) held on Sunday, the chief guest handed over degrees to 739 UG and PG candidates including 44 varsity rank holders and gold medalists. Following this, he said there were only 9 engineering colleges in Tamil Nadu 30 years ago and 3,000 engineering graduates came out from them every year. 

 But, now, there are currently 531 engineering colleges in Tamil Nadu.  Out of that 2 lakh engineering graduate students come out every year.  Apart from this, 6 lakh graduates came out every year through the College of Arts and Sciences.  Can the government provide employment to so many people?  The debt of the Tamil Nadu government has increased from Rs 20,000 crore to Rs 5 lakh crore.  It pays Rs 40,000 crore a year as interest.  But, the annual revenue to the government is only Rs 1 lakh crore.  So the government cannot provide jobs for everyone.  Similarly, there will be less employment in the private sector. 

 Luckily, IT firms abroad give jobs to many.  So, engineering graduates need to become entrepreneurs so that each of them can give employment to 10 to 15. For this, the schemes of the Central and State Governments should be utilized.  Although the dream of working abroad is natural, our country is not inferior to natural resources compared to any other country.  So, from here itself they can achieve.  Graduating students need to have a long term plan about their future in the age of 30, 40 and 50 and work to achieve it.  

 Likewise, they should nurture interpersonal relationship and treat all in humanitarian manner to come up in life,  he advised. College trust Secretary SD Chandrasekar, Chairman Kandasamy, Treasurer Arun, Joint Secretary Nallasamy, Principal Dr Jayaraman, Office Manager Periyasamy and prof Vetrivel attended.