SME Times is powered by   
Search News
Just in:   • PM Modi pitches for 100 GW nuclear capacity, 50 companies in Fortune 500 list  • BRICS discuss linking CBDCs and fast payment systems: RBI Governor Malhotra  • Piyush Goyal calls for fair trade and recycling as India eyes $30 trillion economy by 2047  • “Quality, innovation, and trust define every solution at Viraj Pipes.”: Yogendra Kumar Singh  • India’s merchandise exports touched record high at $129.6 bn in Q1 of FY27: Minister 
Last updated: 27 Jul, 2026  

msmes.jpg ‘Corporate Mitras’ to empower MSMEs in smaller cities

msmes.jpg
AI generated image
   Top Stories
» PM Modi pitches for 100 GW nuclear capacity, 50 companies in Fortune 500 list
» Piyush Goyal calls for fair trade and recycling as India eyes $30 trillion economy by 2047
» India’s merchandise exports touched record high at $129.6 bn in Q1 of FY27: Minister
» MSME Amendment Bill improves regulatory flexibility, scalability: Industry
» India sees 366 IPOs raising Rs 1.9 lakh crore in FY26
IANS | 27 Jul, 2026

The government has said that ‘Corporate Mitras’ are envisaged to provide accessible, affordable, and quality compliance and business support services to Micro, Small and Medium Enterprises (MSMEs), while creating a pool of trained para-professionals by equipping young graduates with industry-relevant knowledge and practical skills.

Towards this, the Indian Institute of Corporate Affairs (IICA), Shillong, under the Ministry of Corporate Affairs, organised a webinar for awareness and sensitisation of the Corporate Mitra Scheme among the youth, students, MSMEs, professionals and enterprises of Arunachal Pradesh.

According to an official statement, the scheme aims to empower MSMEs, primarily in the tier 2 and 3 cities, by supporting them in playing their part in the larger vision of a Viksit Bharat at 2047.

The initiative is expected to strengthen the MSME ecosystem and enhance employment opportunities, particularly across the North Eastern Region.

The accredited ‘Corporate Mitras’ are expected to provide affordable and accessible professional assistance to the local enterprises, for the non-core aspects of their business operation — regulatory, compliance, financial, taxation, accounting, and governance-related needs — thereby ensuring that MSMEs can focus on innovation, expansion and growth, while meeting regulatory requirements with ease.

The scheme implementation is planned with an initial pan India target of 2000 participants, including 200 exclusively from the North East Region (NER), with a 50 per cent fee concession being available for the NER candidates, said the statement.

For the scheme’s rollout and implementation for the Northeast region, IICA Shillong has been designated as the nodal agency for coordination and liaison with state governments and other stakeholders.

The scheme embodies the vision of a formalised, financially sustainable, and a thriving MSME sector by creating a strong support ecosystem for the MSMEs, through facilitating access to a pool of qualified, accredited and trusted para professionals “Corporate Mitras”.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹95.3
₹93.6
UK Pound
₹127.7
₹123.7
Euro
₹110.65
₹106.9
Japanese Yen ₹59.75 ₹57.9
As on 24 Jun, 2026
  Daily Poll
What’s your biggest challenge with the 45-day payment rule?
 Corporates canceling our orders
 Clients demanding longer credit anyway
 Strained business relationships
 Filing complaints kills future work
 No issues, cash flow has improved
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter