SRI SRI UNIVERSITY IMPLEMENTS

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FIRST MSMES DAY: SRI SRI UNIVERSITY IMPLEMENTS PM’S MANN KI BAAT SUGGESTION ON KHADI

 

Report;Bureau,Odishabarta

 

Cuttack, 27 June 2017:The United Nations has identified 27thJune as the MSMEs Day to celebrate the importance and role of MSMEs and ‘to raise public awareness of their contribution to sustainable development’. 

Srinovation, the Entrepreneurship Development Cell (ED) ofFaculty of Commerce and Management Studies (FCMS) at Sri Sri Universityin collaboration with National Entrepreneurship Network (NEN) celebrated the first International Day for MSMEs. Faculty members and students participated in the round table discussion. 

Prof Srinivas Subbarao, the new Dean of FCMS introduced the theme to the participants and emphasized the role of MSMEs in the economy of a nation. He cited the data from International Council for Small Business (ICSB), which highlighted that ‘formal and informal Micro-, Small and Medium-sized Enterprises (MSMEs) make up over 90% of all firms and account on average for 60-70% of total employment and 50% of GDP’. 

Prof Subbarao who has a PhD on MSMEs and entrepreneurship expressed happiness that government initiatives are now directed towards promoting a statrup culture in India. He highlighted on the Sri Sri University’s study and research focus on MSME and entrepreneurship. The establishment of Srinovation-the Entrepreneurship Development Cell has created a campus start-up culture where student led startups have been launched and supported. He shared about his new initiatives on how MSME would be integrated in the MBA programme from 2017 onwards. that are introduced from this year onwards to globalise the MBA experience in the university. 

Mr.Barada Prasad, the Regional Manager of National Entrepreneurship Network (NEN) of the Wadhwani Foundation spoke about the opportunities for MSMEs in Odisha and at the national level. He shared his insights into three major challenges, i) credit access policies, ii) technological transformation and iii) the support required in training and skilling. He shared the role of NEN in facilitating entrepreneurship in the country. NEN has been an active partner with Srinovation and they have organised several regional and national level startup meets at Sri Sri University. 

Bibhu Prusty, the CEO of Srinovation, spoke on the campus startup culture and how Sri Sri University is leading the movement of campus incubators in the country. He shared that more students are keen to pursue entrepreneurship. He thanked the university authority for preparing a conducive atmosphere for idea incubation and most important for the support from faculty members and the university administration when required. He appreciated the effort of Prof Subbarao in strengthening Srinovation. 

The Round Table adopted a MSME Day Resolution where three important points were highlighted. First is to promote MSME products on campus, second is to have special focus on MSME in MBA Curriculums of general management, agribusiness and entrepreneurship and to encourage students to study MSMEs for their project and assignment works, the third is to train MSME entrepreneurs in Skills Development and recent development in law and taxation. 

The event was organised by Srinovation and NEN. It was attended by Faculty members from FCMS, Good Governance, and Journalism. Staff members and student also attended and contributed to the discussion and the MSME draft resolution. 

 

In the valedictory,Prof Subbarao thanked Vice Chancellor Dr.Nand Lal, Director Operation, Shri Narendra Lamba and Digital Media coordinator Mr. Kamala Kanta Dash for their support. He thanked Smt. Rajita Kulkarni, the President of the university, for extending intellectual and global network support to him.Prof Subbarao also thanked Mr. BaradaPrasad of NEN for partnership and Mr. Bibhu Prusty and his team at Srinivation for organizing the important function. 

 

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2017-11-23 11:14