Monday 6 February 2012

NIESBUD & IFC Rollout Innovative Training of Trainers’ Programme for MSME Sector

A Memorandum of Understanding was signed here today in the presence of Shri Virbhadra Singh, the Union Minister of MSME between the National Institute for Entrepreneurship & Small Business Development (NIESBUD), an autonomous institution under the Ministry of Micro, Small & Medium Enterprises and the International Finance Corporation, a member of the World Bank Group, for jointly undertaking different Projects relating to entrepreneurship development in India.

As a sequel, the NIESBUD will collaborate with the IFC in conducting Training of Trainers (TOT) programme, based upon their vast experience in the area, for strengthening the training skills of MSME Trainers so that they are in a better position to impart training and thus facilitate sustenance of this vital sector of the Indian Economy. The ultimate objective is to create a cadre of Master Trainers who would, in turn, replicate the model to impart training for MSME Sector in a much bigger way.

Speaking on the occasion, Shri Virbhadra Singh, the Union Minister of MSME elucidated the crucial role of the MSME Sector in achieving different socio-economic objectives. The Minister also elaborated the necessity of equipping the workforce of the country with the required skills for enabling the country to reap the demographic dividend. The Minister expressed the hope that the programmes will go a long way in improving business skills and knowledge transfer, measuring outcome through ensuring application of the acquired skills and building a professional community among MSME trainers.

The Pilot Programme(s) will be organized for the selected Trainers from across the 5 identified States/U.Ts. The Programme(s) shall involve the use of the Business Edge Training of Trainers methodology of IFC which has been rolled out in 29 countries so far. The methodology is a learning platform for small businesses that includes a comprehensive and effective approach to equip trainers with key facilitation skills.

Present on the occasion were R.K. Mathur, Secretary (MSME); Amarendra Sinha, AS & DC (MSME), Arun Kumar Jha, Director General, NIESBUD and Anil Sinha, IFC General Manager for Advisory Services.

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