Handholding for 100 SMEs

Taking a determined step towards an agenda on Affirmative Action, Federation of Indian Chambers of Commerce and Industry (FICCI) has signed an MoU with Center for the Study of Caste and Capitalism (CSCC) and its digital arm Inclusivity.in in order to promote SC-ST entrepreneurs’ interest and growth.

The synergy between CSCC, a Dalit Section 8, Not for Profit body, and FICCI will help in evolving an efficient Supplier Diversity Model and in linking CSCC-inclusivity’s SC-ST entrepreneurs with potential Industries to bring about procurement from 100 SC ST Small and Medium Enterprises (SMEs) by providing them hand-holding support for supply chain integration in the first financial year to begin with.

As first-generation entrepreneurs, SC-ST entrepreneurs require a favorable ecosystem and a bit more push to flourish – FICCI and CSCC collaboration would proactively ensure this.

CSCC and FICCI will work jointly with all stakeholders such as industry experts, Government etc., to develop strategies to enhance market access and procurement from SC ST entrepreneurs.

SC ST, or Scheduled Caste and Scheduled Tribals, are being supported under national economic policies for improving their life-style as some of these are without any agri-land assets, disadvantaging them. fii-news.com