national msme conclave 2014 “let’s unlock india’s msme potential: a new vision” organised...
TRANSCRIPT
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NATIONAL MSME CONCLAVE 2014
“Let’s unlock India’s MSME Potential: A New Vision”
Organised by
Indian Institute of Corporate Affairs
Empowering India’s SMEs with Skill Development
Presented byDr. J.S.Juneja
Chairman, SME CommitteePast President – AIMA
&Chairman
Global Projects & Services (P) Ltd.707-708, Ansal Chamber II, Bhikaji Cama Place, New Delhi-110066
Tel:++91 1126170146, 26178443 Fax:++91 11 26172457E-mail:[email protected]
19 November, 2014
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Barriers to deployment of skilled manpower by MSMEs• Inherent bias favoring large company Higher salary and benefits Better work environment
•Local entrepreneurship is low in India –
• World Bank Study on Entrepreneurship 2010 "According to a World Bank study on Entrepreneurship in 2010 which compares the new business registration density of South Asian countries with the rest of the world, it was found that contrary to popular belief, India has too few entrepreneurs for its stage of development, even compared to countries such as Thailand, Brazil and Malaysia,
• Manufacturing not perceived attractive by youth
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Opportunities for MSMEs to overcome skilled manpower• Recent Developments Apprenticeship (Amendment) Bill 2014 Boon for MSMEs : 50% monthly stipend to be reimbursed by the Government• Will be applicable to all firms employing 5 persons and above• Expected outcome MSMEs No. : 44 million (est.)• Employment of Apprenticeship @ one per MSME : 22 Million 8 years X 22 : 176 Million persons trained• Say 200 Million can be trained by MSMEs• Need institutions to impart formal skill training
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Vardhman Spinning and Weaving Mill ◦Number of workers : 12000
Impact of MGNREGA◦Turnout of 5% per month
Case study
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Induction of female workers◦ Increase from 500 to 5000 ( 40% of workforce)
Introduction to night shift allowed by the government Impact
◦ Machine downtime reduced from 5% to 1% in 4 years◦ Stability ◦ Discipline ◦ Adjustability ◦ Better performance ◦ Sense of belongingness◦ Low tendency to in negative activities◦ Free from any addictions
Strategy
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10 Textile mills in Punjab hired 50,000 female workers
SMEs recruited in hosiery and garment industry
Impact On Industry
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Korea: 96%
Japan: 80%
Germany: 75%
UK : 68%
India: 10%
Source: Planning Commission of India (2008)
Workforce Receiving Skill Training
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National Skill Development Mission National Skill Development Corporation Apprenticeship Amendment Act 2014 Applicability of Apprenticeship Amendment Act to
MSMEs. Skilled manpower of SMEs can be met by adopting
policies with human face Local solution to local problem
Perspective For Skill Development
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Thank You