Dr. Chandrapal, Secretary, Ministry of Micro, Small & Medium Enterprises has urged the young men and women to take the benefit of various programmes and schemes offered by the Central Government.
He was inaugurating the National Conference on Employment through Entrepreneurship Development and launching the Entrepreneurship Development Scheme of the Ministry of Micro, Small & Medium Enterprises.
Dr. Chandrapal said the Ministry of Micro, Small & Medium Enterprises was taking a number of steps to help the teeming millions of our country through three premier National Entrepreneurship Development Institutes.
These are: National Institute for Entrepreneurship & Small Business Development (NIESBUD), National Institute for Micro, Small & Medium Enterprises (NIMSME) & Indian Institute of Entrepreneurship(IIE).
He said these institutes strive to achieve the avowed objectives through a gamut of operations ranging from training, consultancy, research and education to extension and information services.
The primary objectives of these institutes are to evolve standardised material and processes for selection, training support and sustenance of potential and existing entrepreneurs.
These institutes also provide vital information and support to trainers, promoters and entrepreneurs by organising research and documentation relevant to entrepreneurship development.
Besides, they offer consultancy nationally as well as internationally for promotion of entrepreneurship and small business development. They also work as a platform to share experience and expertise in Entrepreneurship Development across national frontiers.
Dr. Chandrapal also said that the banks had been asked to provide collateral free loan upto Rs. 5 lakh to the entrepreneurs, which should motivate them to initiate small businesses.
Press Information Bureau Government of India
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