Govt clears creation of Indian Enterprise Development Services

Image
Press Trust of India New Delhi
Last Updated : Dec 21 2016 | 12:22 PM IST
Government today approved the creation of the Indian Enterprise Development Services (IEDS) in the Office of Development Commissioner, Ministry of Micro, Small and Medium Enterprises.
The Service has been created by absorbing 11 trades, recruitment to which had been done differently following different rules, official sources told PTI.
The decision was taken at a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi here.
"The 11 trades were created in the 1950s and 1960s when there was prevalence of a regulation regime. Therefore, a need was felt for a cadre to work towards development of enterprises in the country," a senior official said.
The Indian Enterprise Development Services, to start with, will have a cadre strength of 617 officers, 6 of which will be at the level of joint secretaries.
These officers will man 72 field offices of the Development Commissioner and the headquarters in Delhi. Out of the 72 field offices, 30 are MSME development institutes and 28 branch institutes.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 21 2016 | 12:22 PM IST

Next Story