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Cabinet approves creation of Indian Enterprise Development Services in the office of DC-MSME

Updated: Dec 21, 2016 08:37:10am
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Cabinet approves creation of Indian Enterprise Development Services in the office of DC-MSME

New Delhi, Dec 21 (KNN) Government approved the creation of the Indian Enterprise Development Services (IEDS) in the Office of Development Commissioner, Ministry of Micro, Small and Medium Enterprises (MSME) here on Wednesday.

The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval to the Cadre review and formation of a new service in the name of Indian Enterprise Development Service (IEDS)’ in the DC-MSME.

The creation of the new cadre and change in structure will enhance the capacity and efficiency of the organization and also help in achieving growth in MSME sector through a focussed and dedicated cadre of technical officers. According to the reports it not only strengthen the organization but will also help to achieve the vision of “Start-up India”, “Stand-up India” and “Make in India”.

According to the officials, “the 11 trades were created in the 1950s and 1960s when there was prevalence of a regulation regime. Therefore, a need was felt for a cadre to work towards development of enterprises in the country”.

The Indian Enterprise Development Services, to start with, will have cadre strength of 617 officers, 6 of whom will be at the level of joint secretaries.

These officers will man 72 field offices of the Development Commissioner and the headquarters in Delhi. Out of the 72 field offices, 30 are MSME development institutes and 28 branch institutes. (KNN/RAS)

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