USENET POLICY

USENET POLICY

Subject : Governance

Context : The proposed UdyogSahayak Enterprises Network framework draft has been put together by the Federation of Indian Chambers of Commerce and Industry (FICCI), the Tata Institute of Social Sciences (TISS) and Azim Premji University.

Concept :

USENET Framework approach:

• The approach is based on the belief that India rather than creating more nano-entrepreneurs, should rather focus on helping existing MSEs grow in size.
• The framework is aimed at providing a slew of growth-driven services to over 62 million nano and micro-enterprises that currently employ over 100 million people in India.
• The USENET framework aims to create a countrywide entrepreneurial network. The platform will give the nano and micro-enterprises, facing growth challenges, information on policies, government schemes and credit options, and visibility to lenders and customers and thereby help them grow.
• The Union government is likely to sanction upto ₹5,000 crore to part-fund CAPEX to set up at least 19 lakh USENET centres.
• Each of these centres will be headed by a UdyogSahayak, who will have a mandate to help and monitor the growth of 15 to 50 enterprises.