The Bihar Department of Industries signed a Memorandum of Understanding (MoU) with the National Institute of Entrepreneurship and Small Business Development (NIESBUD) on Tuesday under the Raising and Accelerating MSME Performance (RAMP) program.
The objective is to enhance the capacity of Micro, Small, and Medium Enterprises (MSMEs), making them more competitive in the global market. NIESBUD will provide three-day non-residential training to MSMEs across the state. Training modules include crucial aspects such as digital and financial literacy, lean manufacturing practices, and leadership development.
These modules aim to increase the efficiency of MSMEs, ensure financial inclusion, and strengthen leadership skills. The MoU signing ceremony was attended by Industry Minister Nitish Mishra, Additional Chief Secretary of the department Mihir Singh, Director of Industries Nikhil Nippnikar, and Director of Technical Development of the Industries Department Shekhar Anand.
Minister Mishra emphasised the importance of skill development and reiterated the government's commitment to fostering an entrepreneurial culture and providing the necessary support to MSMEs.