According to the top market research companies report, Indian Chamber of Commerce (ICC) – North East Initiative has signed an MoU with a NSE 0.00 % Development Finance Corporation Ltd (NEDFi) in order to promote Investment in Assam and North East States of India. The Institution will contribute towards various initiatives aimed at reforms, policy advocacy, ease of doing business etc..
The Indian Chamber of Commerce (ICC) – North East Initiative has signed an MoU with a NSE 0.00 % Development Finance Corporation Ltd (NEDFi) to support and promote investment in Assam and North East India for the benefit of the society.
The signing of the MoU provides a platform for the entrepreneurs of NER to avail the pragmatic schemes and initiatives of NEDFI and Indian Chamber of Commerce. The MoU aims at reaching a mutual understanding and promoting collaboration on catalyzing economic development of the North Eastern Region of India, promoting entrepreneurship through effective mentoring, skill development and capacity building of the micro, small and medium enterprise
It will certainly provide valuable advisory & consultancy services to several firms located in Northeast India as well as facilitate their access to tender opportunities. This MOU also promotes entrepreneurship through effective mentoring, capacity building and training by launching a number of innovative programmes for small and medium enterprises.
ICC-NE and NEDFI would act as a hand-holding agency for such entities. Baruah informed that the MOU would also initiate activities related to Skill development of First time entrepreneurs and prospective entrepreneurs from remote corners of Assam towards realising a sustainable entrepreneurship journey. ICC-NE and NEDFI would act as a hand-holding agency for such entities.
The MoU aims at reaching a mutual understanding and promoting collaboration on catalyzing economic development of the North Eastern Region of India, promoting entrepreneurship through effective mentoring, skill development and capacity building of the micro, small and medium enterprises. The respective organisations agreed to promote the following collaboration and sharing of activities based on their respective professional activities and vocational needs to enhance the Trade and Industry regulation under Act with respect to the academic institutions within their jurisdictions.
ICC-NE and NEDFi will be participating in different commercial events, workshops and educational sessions on a regular basis. As per the MOU, ICC-NE and NEDFi would associatively conduct Awareness and development activities to enhance the Entrepreneurship development in academic and technology based sectors of the North-Eastern region. ICC-NE and NEDFi would also collaboratively organize platforms for buyers and sellers in India / potential business partners.
We will be providing information related to Government Notifications and Guidelines, Tax laws and duties to members and non-members of ICC to facilitate an information hub for the MSMEs of the North-Eastern region. ICC-NE and NEDFi would jointly organize Awareness events/Workshops/Conclaves to create awareness among MSMEs regarding the various schemes of NEDFi and provide an insight towards realization of business ventures
Resource development, Skill development and Entrepreneurship development are the three major areas of focus under the programme.
The delegates of ICC North-East Initiative and Bimal Borah, Minister, Industries, Commerce Assam, shared a warm and cordial interaction focused on promoting trade, Commerce and Industry in Assam.
Delegation submitted an action plan and recommendation for the next two years in the Industry and Commerce sector of Assam highlighting issues, recommendations & priority areas
ICC would like to work towards Supporting infrastructure for implementation of cluster development approach, and providing guidance and assistance to the clusters by way of training, handholding, implementing, monitoring, mapping, and research and information dissemination.
