Govt launches MSME Prerana: Imparting online business mentoring skills in local dialects

With the objective of empowering the small scale enterprises and lend impetus to the vision of self reliant India through entrepreneurship encouragement schemes Union Finance Minister Nirmal Sitharaman launched MSME Prerana , an online business mentoring program undertaken by state run banks in collaboration with M/s Poornatha & Co, a firm that designs Entrepreneurial Development Programs in vernacular using online web based interactive sessions and case studies.

 

The program enables MSME start-ups to learn various expertise like managerial Skills , finance handling and crisis management through various interactive sessions in local dialects. The FM said in her speech at the launch of program that Indian Bank had taken an out-of-the-box initiative in launching MSME Prerana, which will handhold the entrepreneurs through a mentoring program. This novel initiative shall further inspire others in the banking sector to adopt similar measures.

 

The online launch was attended by the Boards of Directors of Indian Bank and stakeholders at helm of other associated financial institutions.