ILO, FICCI ink MoU to boost MSME productivity

The International Labour Organisation (ILO) and Federation of Indian Chambers of Commerce and Industry (FICCI) have inked MoU to impart training to Micro, Small & Medium Enterprises (MSMEs) to make them competitive and boost productivity.

The MoU was signed as part of the second phase of Sustaining Competitive and Responsible Enterprises (SCORE) Global Programme. The second phase covers three years period from January 2014 to December 2017 wherein national institutes will provide training to MSMEs.

SCORE is a training programme which seeks to empower employers and workers and increase productivity and competitiveness of MSMEs. It is being supported by the Norway Agency for Development Cooperation (NADC) and the Swiss Secretariat for Economic Affairs (SSEA).

Presently it is operational in eight countries including India. In case of India, the objective of SCORE is entrusted with building capacity of industry body FICCI in 3 phases. It seeks to enable the FICCI to effectively coordinate and manage SCORE training services.

Each phase under this global programme will approximately have year or more period and will be governed by a technical partnership agreement. The first phase was covered between October 2009 and December 2013.

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Categories: Business & Economy Current Affairs 2017

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