According to Gautam, scores of entrepreneurial efforts go waste in the country despite investing lot of energy and capital by the Indian youth. There may be lack of skill, devotion in some of the cases. But in most of the cases their efforts aborted in the midway due to discouraging environment, created by our so-called steel frame of the country and the political system, irrespective of parties or personalities.

According to government data about 55 percent of the country’s population is young. A good percentage of the young population wants to be entrepreneur. But unfortunately over 90 percent fail to do so despite their honest efforts. According to a data, presented in the Parliament last year, entrepreneurs of only two states could achieve their success rate over 10% in the country – Gujrat, with a success ratio of over 40% and Haryana with about 12%. In other rest of the states the percentage of failure is 90 percent or above. Delhi too, claimed as the vibrant city, is not an exception and it is under the rest of the state category.

Why the situation is so grim in the city like Delhi. Again, reason is discouragement by bureaucratic system and political patronage to the system of ‘as usual’. The government keeps a blind eye on the blunting of the efforts of new entrepreneurs by their own officers and staffs. For instance, the city government, unable to formulate a policy for new media for past several years, thanks to its bureaucratic system and lack of political will. Chief Secretaries changed, Directors of DIP either resigned or transferred but the things remained as usual. Entrepreneurs kept knocking doors of the government, officials, from Chief Secretary to Special Secretary and Directors waiting for years so that things could change. But the system is so callous for the new comers and their nexus with the established conventional organisations are so strong that their all attempt to go to pillar to post becomes a matter of joy for the officials and staffs as well as government. Even, some times they help established organizations by creating new obstacles for the new entrepreneurs. It is another matter of fact that the SME sector is the second largest employer of the country and saved country during recession period.

The recent glaring example of sab chalta hai is the non-participation of Delhi’s tableau in the Republic Day parade. The concerned department did not participate as it had to compete with other states and had to show its ability among them. But the best way was to stay away from it like to keep themselves away from the decisions about new media as policy was not there. So what should a young entrepreneur or an energetic youth do? Wait to be ruined. If somebody even get success despite all these in the dog bites dog environment – Hats off to them to emerge as winner despite all odds.

Government report indicates that over 17% students at various IIMs in the country for 2011-12 Post Graduate Management Progammes are female while IITs have just 14% female students. Though the reports about National Institute of Technology (NIT) is slightly better as overall presence of female students is about 18% but overall girls presence is better in the management courses.

According to the data, 2997 candidates got admission in various PGP programmes at different IIMs during 2011-12. Number of female candidates was 516. On the other hand out of 51611 students of IITs only 7595 students are female. There are 9756 students are girls while out of total 53708 students for 2010-11 sessions.

According to the experts, medical profession is still luring female candidates the most but management is another important field where they are focussing now. According to Ashish Kumar, a management consultant, Human Resource Mangement is the most favourite area for them in this regard.

There is another interesting fact is that a good number of management students are belongs to engineering stream. This is true for both male and female candidates. Some people look into online
MBA programs when they want to learn more about management.

This has been decided in a meeting of IIM Council, chaired by Union HRD Minister Kapil Sibal and attended by Union Minister for State for HRD D. Purandeshwari Devi, Secretary, Higher Education and directors of various IIMs.

Till now the admission policies of different IIMs are not same though they take admission on the basis of CAT scores only.
A proposal regarding external review of each IIM at the interval of every three years also passed. Council has also given its nod for the peer review of faculty of various IIMs.

In such a situation several other options were discussed for admission in MBA programmes. According to sources it was common feeling that organizing such examination at all India level is an expensive option. Considering the lesser number of applicants for the courses from other cities of the country it is not a feasible option for the university. In such a situation CAT, GRE, GMAT and MAT were discussed for the admission process. But most of the members favoured CAT considering its track record and level of efficiency for the selection of the right candidate.

The Ministry of Development of North Eastern Region DoNER has sanctioned a scheme of Rs. 79 lakh to train 60 youth from the region to develop Managerial Skill for Entrepreneurship. These youth will get the skill development training at Rajiv Gandhi Indian Institute of Management, Shillong.

According to B K Handique, Minister DoNER the Ministry has a larger roadmap to train youths for better employability. The institutes like IIM, IIT and TISS are well positioned to cater to the training needs of the Region in addition to their regular courses, he says. We have requested these institutions to develop such courses and we have been able to make considerable headway in designing some, the Minister added.

Several projects in this regard have been decided in a meeting, held in London this week. The meeting was chaired by Dr. R. Chidambaram, Principal Scientific Advisor to the Government of India. The projects finalised in the meeting include ‘Rural Hybrid Energy Enterprise Systems’, ‘Development and Integration of Biomass and Concentration Photovoltaic System for Rural and Urban Energy Bridge: BioCPV and several others related to rural system and fuel energy system.

Research Councils UK and Department of Science and Technology (DST), India will extend financial support to such projects. Indian Institute of Science and University of Nottingham will work on the small scale energy generation system in rural areas to fulfil the energy needs in both India and UK and revenue generation through the project ‘Rural Hybrid Energy Enterprise Systems’.

Vishva-Bharti University and Heriot-Watt university will work on the project ‘Development and Integration of Biomass and Concentrating Photovoltaic System for Rural and Urban Energy Bridge: BioCPV’ to develop an integrated system of solar fuel cell, biomass and waste power generation.

Several other projects like ‘Scaling the Rural Enterprise’ led by University of Nottingham and the Society for Economic and Social studies, ‘TRUMP: A Trusted Mobile Platform for the Self-Management of Chronic Illness in Rural Areas’ led by University of Aberdeen and IIM, Ahmedabad and several others too have been finalised in the meeting.

The rankings were dominated by the IIMs including IIM-A, IIM-Bangalore, IIM-Culcutta, and IIM-Lucknow. These institutions have maintained number one to four positions respectively in the ranking. MDI, XLRI, NITIE and FMS have been showed there strong presence in the top-10 ranking with five to eight position respectively. FMS was placed at 6th position in the last year’s ranking.

The result of the survey, conducted by CNBC-TV-18 and C-FORE, released today. According to it S.P. Jain Institute and IIM-Kozhikode have been placed at 9th and 10th positions respectively.

The rankings were developed by survey of 113 B-Schools of the country, their faculty, institution-industry interface, placement and interaction with over 200 recruiters. Invitations were sent to about 1000 b-schools to participate in the survey. In all 113 B-schools participated in the survey. Objective scores were obtained by evaluating b-schools against the parameters like intellectual capital, placement performance, infrastructure and facilities, industry interface and international linkages. There were several sub parameters too to develop the rankings.