New Delhi: In good news for student entrepreneurs, the All India Council for Technical Education (AICTE) has asked all technical institutes to allow them to sit for the examinations even if they are falling short of attendance.
The directive is in keeping with the recommendations of the ‘national innovation and start-up policy’ which was unveiled by the Centre recently. One of the key suggestions was to provide relaxation to a student who is pursuing his/her start-up venture simultaneously with academics.
News agency PTI in a report said that colleges have been asked to provide on-campus accommodation to students and to provide them semester breaks to devote more time for their start-ups.
“Student entrepreneurs should be allowed to sit for the examination, even if their attendance is less than the minimum permissible percentage, with due permission from the institute,” a senior council official told PTI.
AICTE has asked the engineering colleges and other technical institutes to award academic credits also to student entrepreneurs for developing their start-ups.
The national start-up policy was drafted by a 15-member panel under the chairmanship of IIT Madras professor Ashok Jhunjhunwala.
The panel underlined that if India aspires to become a five trillion-dollar economy by 2024, it should nurture its present demographic dividend into high quality technical human resource.