BBAU to set up Sec 8 Co, skill enhancing club
This company will encourage students to pursue entrepreneurial ventures and assist in transforming their innovations into viable commercial outcomes. In line with the National Education Policy 2020, the formation of a 'Skill enhancing hobby club' was also announced, which will be managed by students.
"A Section 8 company is defined as a company that is formed with the objective of promoting philanthropic objectives, such as commerce, arts, science, sports, education, research, social welfare, religion, charity or environmental protection.
It has been approved to promote entrepreneurship," said BBAU spokesperson Rachna Gangwar.
She also said the university will be offering a DSc degree, which is a higher doctorate typically awarded for significant and original contributions to a specific field of science, often after a substantial body of published work. It will offer a DLit degree, which is an advanced academic degree, often considered a higher doctorate, awarded for significant scholarly contributions to the field of literature and related disciplines.
Both degrees will further strengthen the university's research and academic repute.
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