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Reviving MSME clusters to solve reverse migration problem
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SME Times News Bureau | 12 Jul, 2021
Skill mapping, along with reviving of the MSME clusters will help in solving the reverse migration problem.
Notably, during the Covid-19 pandemic, reverse migration emerged as a major challenge for the states and the industries.
After
the lockdowns were announced, the nation witnessed a mass exodus of
migrant workers from major cities towards their home states.
The sudden rise in the number of unemployed workers returning posed several challenges for the state governments.
Some states have implemented schemes with a focus on education and skill development to create employment opportunities.
In
a report, the Grant Thornton Bharat-SIDBI recommended digitisation of
financial and non-financial services; setting up of digital platforms to
provide access to E-business services for existing enterprises;
involvement of technical institutions as solution centres among many
others.
According to Sivasubramanian Ramann, Chairman and
managing director of SIDBI: "Enhanced competitiveness, progressive
strengthening and rapid transformation of the ecosystem is expected to
help multiply the contribution of the MSME sector. For India to emerge
as a global value chain leader, strengthening of the enterprise value
chain is essential."
On the impact of Covid-19 on migrant
workers, Kunal Sood, Partner, Grant Thornton Bharat:, "The report aims
at bridging the gaps between MSMEs and central as well as state
governments, to gain an in-depth understanding of the ground-level
challenges faced by MSMEs and assist them in creating an ideal
ecosystem."
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