2 institutes transferred to skill development ministry to train and develop entrepreneurs

The Skill Development and Entrepreneurship Ministry has been given the administrative control of two institutes that are providing training and developing programmes for entrepreneurs, among other. These two institutes, the National Institute for Entrepreneurship and Small Business Development (Noida), and Indian Institute for Entrepreneurship (Guwahati), were under the MSME Ministry.

"The administrative matters pertaining to National Institute for Entrepreneurship and Small Business Development (NIESBUD), Noida and Indian Institute for Entrepreneurship (IIE), Guwahati stands transferred to Ministry of Skill Development with immediate effect. Accordingly, the two institutes are directed to henceforth report to Ministry of Skill Development and Entrepreneurship," the MSME Ministry said.

The government has launched the 'Skill India' programme with an aim to provide better job opportunities to youth as well as meet the growing requirement of industry for well trained workforce, among other. Also, it is coordinating efforts of all concerned stakeholders as more than 20 ministries and departments run 70 plus schemes for skill development.

The government recently transferred the Training and Apprenticeship verticals of the Directorate General of Employment and Training (DGET) from the Labour Ministry to the Ministry of Skill Development and Entrepreneurship.

The MSME Ministry said that NIESBUD and IIE shall take immediate steps to carry out necessary changes in their Memorandum of Association and related documents in consultation with Ministry of Skill Development and Entrepreneurship. NIESBUD is undertaking activities like training, management development programmes, entrepreneurship-cum-skill development programmes, and cluster intervention.

IIE, Guwahati, which aims to promote and develop entrepreneurship, designs and organises training activities for different target group and undertakes research in the relevant to entrepreneurship. It also provides consultancy service to the prospective and existing entrepreneurs, among other things.

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