Technical Incubation Centres will solve unemployment: Mishra
The Union Minister of Micro Small and Medium Enterprises (MSME) Kalraj Mishra on Thursday, urged the National Small Industries Corporation Ltd (NSIC) to set up more Technical Incubation Centers at different places in the North-East States to create avenues for solving the unemployment problem. Speaking on the occasion of the inauguration of the International Guwahati Trade Fair, the Minister lauded NISC for its role in promoting entrepreneurship in North-East states and also across India. Mishra further said that by setting up a Technical Incubation Centre at Guwahati, NSIC is helping the unemployed youths to set-up their own enterprises, using low cost machinery and giving opportunity for jobs in the enterprises. Mishra also expressed satisfaction on the success rate of the passed out trainees and asked NSIC to train more and more unemployed youths of the north-east region. Not only in the nation, has NISC, under the MSME Ministry, done its part in promoting entrepreneurship in the global arena also. NISC, on January 18, 2015, signed a MoU with the Black Business Council (BBC) of South Africa aimed at developing youth owned enterprises in South Africa. The MoU, besides cooperation in MSME sector, also focuses on BBC’s efforts to economically empower the marginalized group in South Africa through NSIC’s Rapid Incubation Programme. On that occasion, Kalraj Mishra had said that MoU between the two organisations will further strengthen our commitment to cooperate with South Africa in developing MSMEs in the country thus, be partner in economic transformation of South Africa. Mishra had also exuded confidence that MSMEs will play an important role in realizing Prime Minister Narendra Modi’s vision of Make in India i.e., to make India, a manufacturing hub with zero defect products and zero effect on environment policy. MSMEs in India contribute nearly 45% of the manufacturing output and 40% of the exports. As per the Fourth All India Census of MSMEs, the total number of Enterprises of the MSME sector is 361.76 lakh of which 15.64 are registered Enterprises, according to the MSME Ministry. The sector provides employment to 805.24 lakh people and is a focus sector for the Indian government.
This article was published on January 29, 2015.
to success.