WTCIS pacts with NIESBUD to promote small businesses

Image
Press Trust of India Mumbai
Last Updated : Dec 22 2014 | 7:32 PM IST
The World Trade Center India Services Council (WTCIS) today signed an agreement with National Institute for Entrepreneurship and Small Business Development (NIESBUD) to promote and develop small businesses.
NIESBUD is an organisation under the Ministry of Micro, Small and Medium Enterprises, which is engaged in training, consultancy as well as research, to promote entrepreneurship.
Under the agreement, WTCIS would assist NIESBUD in promotion and development of entrepreneurial environment through training, research and consultancy, besides assisting organisations in developing and promoting entrepreneurship and self-employment, according to a release issued here.
"The agreement is important in view of our endeavour to expand our services to the MSME sector in India. We believe that MSMEs play a vital role in socio-economic development.
"Our aim is to ensure they get a level playing field to compete with their larger counterparts in local as well as global markets," WTCIS Director Khair Ull Nissa said.
Commenting on the agreement, NIESBUD Director General Arun Kumar Jha said, "The agreement between NIESBUD and WTCIS will promote trade in the form of arranging events, holding conferences, seminars, training and providing incubation facilities as well as various opportunities for a global connect, with focus on MSMEs.
*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 22 2014 | 7:32 PM IST

Next Story