Cluster-based skill development approach may reverse migration workers for MSMEs: Study
New Delhi, Jul 13 (KNN) Cluster mapping, and a major cluster-based skill development approach is required to solve the problem of reverse migration of migrant workers for MSMEs, said a study by Grant Thornton Bharat and SIDBI.
During the COVID-19 pandemic, reverse migration emerged as a major challenge for the states and the industries.
The report highlighted digitisation of financial and non-financial services, setting up of digital platforms to provide access to e-business services for existing enterprises, involvement of technical institutions as solution centres among other recommendations.
“Enhanced competitiveness, progressive strengthening and rapid transformation of the ecosystem are expected to help multiply the contribution of the MSME sector. For India to emerge as a global value chain leader, strengthening of the enterprise value chain is essential,” Sivasubramanian Ramann, Chairman and managing director of SIDBI said in a statement on Monday.
The report also noted that PMU through its range of support and facilitation services is working with the respective states to strengthen their enterprise ecosystem.
“These states account for 56 per cent of the total MSMEs in the country. The PMU units set up by Grant Thornton Bharat under the aegis of SIDBI are working with respective state governments on the convergence of various central government schemes,” it said.
According to the report, skilling, reskilling, and upskilling as important aspects to provide jobs and enterprise opportunities to migrant labour.
“The report aims at bridging the gaps between MSMEs and central as well as state governments, to gain an in-depth understanding of the ground-level challenges faced by MSMEs and assist them in creating an ideal ecosystem,” said Kunal Sood, Partner, Grant Thornton Bharat.