"You have to continue to work for your future," he told the students.
The state has also increased the number of attempts for ex-servicemen appearing for the Punjab Civil Services examination.
Scheduled Caste candidates will continue to get unlimited chances, as per the existing system, while the general category ex-servicemen will now get six attempts, instead of the earlier four.
For the Backward Classes category of ex-servicemen, the number of attempts has been increased to nine, the chief minister said.
He said he had received several petitions from ex-servicemen to be put at par with the overall general category aspirants.