Azim Premji University, Federation of Indian Chambers of Commerce and Industry (FICCI) and Tata Institute of Social Sciences, Mumbai (TISS) has announced a new policy proposal for creating an Udyog Sahayak Enterprises Network (USENET) for employment generation and scale-up in the Micro Small and Medium Enterprise (MSME) sector.
The proposed programme can create sustainable livelihoods for 18 lakh educated youth, in addition to enabling MSE growth and indirect job creation and consequent economic growth.
As per the report, it recommends 18 lakh Udyog Sahayak Enterprises network to assist micro and small entrepreneurs (MSEs) that will improve Ease of Doing Business for largely informal micro and small entrepreneurs.
Udyog Sahayak Enterprises will take service such as digitisation and formalisation, availing of government loans, subsidies or other benefits, ensuring compliance with local, regional, and national norms.
Source: – FICCI, Azim Premji University recommend 18 lakh Udyog Sahayak Enterprises network to assist MSEs
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