The Ministry of Micro, Small and Medium Enterprises and the International Labour Organization signed a Memorandum of Understanding. The Secretary, MSME Madhav Lal welcomed and expressed hope for greater synergies between the stakeholders.
He further added that the MoU will form the basis for a technical partnership with the primary objective of creating more and better quality employment in India. Its activities will be focused around three priority areas; entrepreneurship development, good workplace practices for improving productivity and enhancing integration into global supply chains, and research and knowledge-building related to sustainable enterprises and formalization strategies.
The MOU is initially for a 5-year period and will support the Government's "Make in India" programme. Madhav Lal, Secretary, MSME and Tine Staermose, Director, Decent Work team for South Asia and Country Office of India signed the MOU on behalf of their organizations.
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