Shillong's IICA hosts webinar to boost Arunachal Pradesh business awareness under Corporate Mitra Scheme

The Indian Institute of Corporate Affairs (IICA), Shillong, under the Ministry of Corporate Affairs, successfully organised a webinar on recently, for awareness and sensitization of the Corporate Mitra Scheme among the youth, students, MSMEs, professionals and enterprises of Arunachal Pradesh.

Source

PIB →

Quick Revision

Prelims-testable facts

01The Corporate Mitra Scheme aims to empower Micro, Small and Medium Enterprises (MSMEs) in Tier-3 & 2 cities by providing access to a pool of qualified para-professionals.
02The scheme involves training young graduates with industry-relevant knowledge and practical skills to equip them as 'Corporate Mitras'.
03The Corporate Mitras will provide affordable and accessible professional assistance to MSMEs for regulatory, compliance, financial, taxation, accounting, and governance-related needs.
04The initiative is expected to strengthen the MSME ecosystem and enhance employment opportunities in the North Eastern Region.
05The scheme implementation has an initial pan India target of 2000 participants, including 200 exclusively from the North East Region (NER).
06A 50% fee concession is available for NER candidates participating in the Corporate Mitra Scheme.
07The Indian Institute of Corporate Affairs (IICA) Shillong has been designated as the nodal agency for coordination and liaison with State Governments and other stakeholders for the Northeast region.

Trap alerts

Most people think the Corporate Mitra Scheme is a new initiative, but actually it is part of an existing awareness campaign.
Most people think the scheme only benefits MSMEs in Tier-1 cities, but actually it targets Tier-3 & 2 cities as well.

Prelims Practice MCQs

Single facteasy

Under the Corporate Mitra Scheme, what is the initial pan India target of participants?

A.2000
B.2500
C.3000
D.4000

The Corporate Mitra Scheme aims to empower MSMEs with an initial pan India target of 2000 participants, including 200 from the North East Region.

Statement I & IIhard

Consider the following two statements: Statement-I: The Corporate Mitra Scheme Awareness Campaign for the Northeast Region (NER) was launched by the Ministry of Skill Development and Entrepreneurship. Statement-II: The Indian Institute of Corporate Affairs (IICA), Shillong, is designated as the nodal agency for coordination and liaison with State Governments and other stakeholders for promotion, and awareness of the Scheme in the Northeast region. Which one of the following is correct in respect of the above statements?

A.Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I
B.Both Statement-I and Statement-II are correct but Statement-II is not the correct explanation for Statement-I
C.Statement-I is correct but Statement-II is incorrect
D.Statement-I is incorrect but Statement-II is correct

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