Punjab Launches Business Blaster Young Entrepreneurship Scheme

The Business Blaster Young Entrepreneurship Scheme will be implemented in 31 schools across nine districts in the first phase, including Amritsar, Jalandhar, Ludhiana, Patiala, Sangrur, Hoshiarpur, and Ferozepur.

Punjab Education Minister Harjot Singh Bains launched the Business Blaster Young Entrepreneurship scheme on Tuesday, which aims to develop young entrepreneurs at the school level. According to Education Minister Bains, students in Class 11 will be given seed money of Rs 2,000 to start a business under this scheme. The scheme will be launched in 31 schools across nine districts in the first phase: Amritsar, Jalandhar, Ludhiana, Patiala, Sangrur, Hoshiarpur, Ferozepur, Rupnagar, and Sahibzada Ajit Singh Nagar.
According to an official release, the scheme will be implemented in all state schools beginning with the next academic year. Under this scheme, children will be asked to submit business proposals, which will then be discussed with established industrialists.
He stated that if a proposal is found suitable, a group of eight students will be formed, and they will be given complete guidance. Mr Bains believes that intelligent children studying in Punjab's government schools have the potential to change the country and the world. He hoped that this scheme would not only turn government school students into employers, but would also solve many of the state's problems.