Govt to train more people to promote entrepreneurship: MSME Min.
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2014-08-07

Govt to train more people to promote entrepreneurship: MSME Min.

To promote entrepreneurs and create self-employment opportunities, more people would be trained under various skill development initiatives of the government, said MSME Minister Kalraj Mishra in the Lok Sabha.

To promote entrepreneurs and create self-employment opportunities, more people would be trained under various skill development initiatives of the government, said MSME Minister Kalraj Mishra in the Lok Sabha.

 

The minister said that National Small Industries Corporation Ltd (NSIC) has been organising ‘Rapid Incubation Training Programme’ on a pilot basis.

 

More people are expected to be provided training under skill development initiatives, he said.

 

Under the Rapid Incubation Training Programme, more than 7,400 people were trained in the last two financial years. In the current financial year till end of June, 791 people have been trained across states, he said.

 

The main features of the programme include skill development, generation of self-employment avenues and providing opportunities to first generation entrepreneurs.

 

“Over 1,50,000 people have been trained under skill development programmes”, the minister said.

 

Meanwhile, the ministry is implementing the 'technology and quality upgradation support to MSME’s scheme to support units that intend to implement energy efficient and eco-friendly technology.

 

“Under this scheme, government provides financial support to the extent of 25 per cent of the project cost towards implementation of energy efficient technology subject to a maximum of Rs. 10 lakh,” Mishra added.

 

To implement the scheme, government has entered into a memorandum of understanding with six banks -- SIDBI, Punjab National Bank, State Bank of India, Bank of Baroda, State Bank of Bikaner and Jaipur and Canara Bank.

 

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