The International Labour Organisation (ILO) and Federation of Indian Chambers of Commerce and Industry (FICCI) on 5 August 2015 signed the Phase II of the Memorandum of Understanding (MoU) for cooperation for establishing a National Coordination Centre for Sustaining Competitive and Responsible Enterprises (SCORE) Training Services in India.
The MoU will contribute to holistic development of the SMEs in India from the perspective of skill development, employees’ relation and better business efficiency.
The objective of the MoU is to draw a framework for coordination and cooperation between the ILO and AIOE/FICCI that will result in phase-wise capacity building of the ‘Centre’ in the national coordination of SCORE training services in India.
This MoU sets forth the detailed goals and objectives agreed to by the two organisations for collaboration during Phase I of SCORE institutionalization, and the terms and conditions under which they will cooperate to achieve these goals and objectives.
In line with the objective of SCORE, ILO is entrusted with building capacity of FICCI in three phases to enable the industry body to effectively coordinate and manage SCORE training services.
Each phase will be approximately for a year or more and will be governed by a technical partnership agreement.
Now get latest Current Affairs on mobile, Download # 1 Current Affairs App
Where: In India
When: 5 August 2015