In our country, in all our states and UTs, we have small number of jobs to offer from the government side. Presently, a three pronged approach to generate entrepreneurs, who would in turn generate employment is being launched. Schools and colleges will teach the art of entrepreneurship to the students. The banks will provide the venture capital through hassle free loans. This approach, as in developed countries, has to spread in India and create more enterprises so that instead of job seekers we will have job providers. NITs should offer special courses on Entrepreneurship for the engineering graduates passing out from this institution. They should also work with Industrial units and banks for creating new enterprises in the valley. The entrepreneur developed by this Institute will manage these Enterprises. This will be the long-term solution for finding creative and productive employment for the engineering graduates.