In the growing Indian economy, industry sector contributes approximately 25% in GDP. India is a very big in population and hence it has large potential market for any business as well as innovation. For economy growth of India, government of India initiated various programs for entrepreneurship development as entrepreneurship contributes to the growth of individual and economy also. This is important to study whether the students of senior college are aware about the concept of start up properly as well as government schemes. This paper focused on senior college student’s perception regarding startups and entrepreneurship as an career option. It also emphasizes towards understanding and awareness of different schemes launched by government of India for entrepreneurship. This paper is based on primary data and responders are students of graduation and post-graduation level.