Search

Union Ministry of MSME and ILO signed MoU to support the Make in India Initiative

The Union Ministry of Micro, Small and Medium Enterprises and the International Labour Organization on 3 November 2014 signed a Memorandum of Understanding.

Nov 5, 2014 09:55 IST
facebook IconTwitter IconWhatsapp Icon

The Union Ministry of Micro, Small and Medium Enterprises (MSME) and the International Labour Organization (ILO) on 3 November 2014 signed a Memorandum of Understanding (MoU) to support the Make in India Initiative of Union Government.


Highlights of the agreement

  • The MoU is initially signed for a 5-year period to support the Make in India programme of Union Government.
  • The MoU will form the basis for a technical partnership with the primary objective of creating more and better quality employment in India.
  • The activities will be focused around three priority areas- entrepreneurship development, good workplace practices for improving productivity and enhancing integration into global supply chains
  • The MoU will also focus on research and knowledge-building related to sustainable enterprises and formalization strategies.

Download our Current Affairs & GK app For exam preparation

डाउनलोड करें करेंट अफेयर्स ऐप एग्जाम की तैयारी के लिए

AndroidIOS