New Delhi, May 29 (KNN) The administrative matters pertaining to the National Institute for Entrepreneurship and Small Business Development (NIESBUD) in Noida and Indian Institute for Entrepreneurship (IIE) in Guwahati has been transferred to Ministry of Skill Development and Entrepreneurship from the Ministry of MSME.
 
In an Order, the Ministry of MSME asked the two institutes to report to the Ministry of Skill Development henceforth.
 
The Order also stated that all the assets and liabilities of the two institutes will vest with the Ministry of Skill Development.
 
The Ministry asked the two institutes to take immediate steps to carry out necessary changes in their memorandum of association and related documents in consultation with the Ministry of Skill Development. (KNN Bureau)