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Staff Reporter

Shillong, Oct 1: Union Minister of State for the Ministry of Skill Development and Entrepreneurship (MSDE) today unveiled 30 Entrepreneurship Development Centres across the northeastern region at the “Northeast Skill Development and Entrepreneurship Conclave 2024” at IIM Shillong.

The conclave marked the launch of a landmark initiative to establish 30 Entrepreneurship Development Centers (EDCs) and four Incubation Centers (ICs) across the northeastern states, under the Ministry of Skill Development and Entrepreneurship (MSDE).

The project aims to empower the youth by fostering entrepreneurial skills and building a sustainable ecosystem through 30 EDCs and four ICs. It combines hard interventions, like infrastructure development, with soft interventions such as 90 entrepreneurship awareness programs, 90 entrepreneurship development programs, 40 faculty development programs, and various competitions to inspire innovation. These efforts target the creation of 900 startups across the region.

Chaudhary, in his address, emphasized the significance of the Entrepreneurship Conclave and the potential of the Northeast, said, “Our Northeastern States, over the past decade, has experienced resurgence, reclaiming its position of prominence. The government’s focus on ‘Act Fast for North East and Act First for North East’ policy has enabled the region to emerge as a key contributor across various sectors. With improved connectivity and a rising pool of educated youth, all eight states are experiencing double-digit growth, which will contribute significantly to India’s five trillion economy goal.”

The event was aimed towards fostering entrepreneurship and skill development in the northeastern region of India. The conclave included promoting regional cooperation by aligning state-level initiatives with the Ministry’s vision for a strong entrepreneurship and skills ecosystem.

The discussions centered around strategic pathways to harness the potential of the region's youth through skill development and entrepreneurship, with a focus on innovative solutions and regional growth.

This collaborative effort aims to drive sustainable economic progress in the North-East. Prominent leaders from various northeastern states, industry experts, and academicians were present at the conclave, all engaged in discussions on strengthening the region and unlocking new opportunities.

The Ministers shared best practices from their respective states and underscored the importance of creating a robust skill development framework tailored to the region's unique cultural and economic landscape.

They emphasized the critical need for ITI upgradation, planned funding and the implementation of a more rigorous selection process for instructors aimed at maintaining high standards of training.

Recognizing the immense value of local craftsmanship, they advocated for leveraging the expertise of artisans, such as wood carvers, bamboo craftsmen, and carpet weavers, while aligning their traditional skills with emerging market demands.

“I am truly encouraged by the open and transparent dialogue we have had today. It is clear that every state faces unique challenges, shaped by its demographics and geography, but what stands out is the shared passion and commitment across the board. Everyone here, is unified in recognizing that skilling is a common agenda for all.

The Prime Minister’s assertion of competitive cooperative federalism is reflected in our collective approach — we are thinking long-term and strategically, with a unified vision for India 2047” he further added.

Jayant Chaudhary said, “With a unified vision for India 2047, we are re-engineering our approach to elevate our ITIs, embrace public-private partnerships, and nurture world-class champions through skill development and entrepreneurship. By capitalizing on platforms like SIDH and exploring innovative formats like residential learning, we can ensure our youth are equipped for the future.”

The initiative also aims to train 600 mentors and ensure proper infrastructure at higher educational institutions (HEIs). Significant progress has already been made, with center heads trained at the Indian Institute of Entrepreneurship (IIE) and functional EDCs established.

Moving forward, entrepreneurship development programs will help 900 youth compete for spots in incubation programs, with 50 incubatees receiving seed grants of Rs. 5 lakhs. The project also ensures convergence with relevant government schemes to support the development of all 900 business plans.

The Northeast Skill Development and Entrepreneurship Conclave 2024 marks a new chapter in the region's journey toward self-reliance and growth. With a clear focus on empowering the youth, the conclave showcased the commitment of the government and various stakeholders in fostering an ecosystem that nurtures innovation, entrepreneurship, and sustainable development in the northeastern region of India.

Meghalaya Times

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