Nearly 33,000 first-time entrepreneurs set-up these many small businesses in past 5 years in India
Ease of Doing Business for MSMEs: Around 21,900 enterprises were set up by beneficiaries trained under the Micro Skillpreneurship Development Programme (MSDP) of Ahmedabad’s Entrepreneurship Development Institute of India (EDII) in the past five years. The institute, as part of the Skills, to Succeed 2020 Goal, trained more than 32,900 beneficiaries in states including Tamil Nadu, Kerala, Karnataka, Andhra Pradesh, Telangana, Maharashtra, Madhya Pradesh, Goa, Uttarakhand, Assam and Puducherry during 2015-16 and 2019-20. The programme was developed to encourage entrepreneurship among the marginalised communities, the institute said.
EDII, set-up in 1983 sponsored by banks and financial institutions including IDBI, IFCI, ICICI, and SBI, helped participants in the past five years with technical support, quality management, packaging standards, licenses, certifications and registration, product testing and market linkages, according to the institute’s professor and Southern region head Dr Raman Gujral. “MSDP is designed as a one-month training programme where the participants are provided training on entrepreneurship and on a skill which has economic viability,” he said.