Kiran promises land for the proposed varsity in Hyderabad and the Tool Centre in Visakhapatnam
Union Minister of State for Micro, Small and Medium Enterprises (MSME) K.H. Muniyappa has announced setting up of a Small and Medium Enterprises (SME) University here and a Tool Centre at Visakhapatnam. He asked the State Government to allot the required land to take up work on the two institutions at the earliest.
“Such a university is necessary to integrate several streams of training activities offered by the Ministry and the institutions attached to it”, he said here on Saturday stating that the decision on SME University was taken based on a proposal sent by the National Institute for MSME.
Speaking at the golden jubilee celebrations of NI-MSME, he maintained that the proposed university would serve as research and development hub for MSME sector supported by incubation network and would offer streamlined formal educational programmes in MSME management. It could be a competent body to accredit and certify education programmes, to develop and standardise curriculum and to generate resource material, he said.
He asked Chief Minister N. Kiran Kumar Reddy who was present there either to resume over 57 acres land belonging to NI-MSME now under encroachment or allot 100 acres land near the city for setting up the university. The institute was holding only 50 acres land now, he said.
The Tool Centre proposed at Visakhapatnam with Rs. 150-crore investment would train over 10,000 youth every year, he said. Sixteen such centres were already functioning in the country and 15 more were coming up.
The Chief Minister later said his government would allot land for the two institutions at the earliest. He stated that there would be no displacement of people henceforth while acquiring land for economic activities. Those who would part with land would be offered shares in industries besides getting compensation, he noted.
Director-General of NI-MSME M. Chandrasekhar Reddy said the institute had so far trained over 3.27-lakh entrepreneurs, executives, officers and NGOs from India and 140 other countries and had conducted 875 studies in various facets of the MSME sector.
The proposed university will serve as research and development hub for MSME Tool Centre with Rs. 150-crore investment to train over 10,000 youth every year
The proposed university will serve as research and development hub for MSME
Tool Centre with Rs. 150-crore investment to train over 10,000 youth every year