MoU signed between FICCI and ILO

Monday, July 6th, 2020

The International Labour Organisation (ILO) The International Labour Organisation (ILO) and FICCI signed a memorandum of understanding (MoU) to impart training to MSMEs to make them competitive and boost productivity. In line with the objective of Sustaining Competitive and Responsible Enterprises (SCORE), ILO is entrusted with building capacity of FICCI in three phases to enable the industry body to effectively coordinate and manage SCORE training services. The MoU was signed by Nishimoto and Sanjay Bhatia, President, All India Organisation of Employers (AIOE) and President, FICCI Confederation of MSMEs. About SCORE: SCORE is a training programme that will empower employers and workers, and increase productivity and competitiveness of MSMEs, she said, adding it will help India’s economic growth as well. SCORE is supported by the Swiss Secretariat for Economic Affairs and the Norway Agency for Development Cooperation. The phase 1 of the global programme covered the period between October 2009 and December 2013. The phase 2 covers January 2014-December 2017. The MSMEs that have undergone training have reported more than 20 per cent improvement in key industry benchmarks. SCORE is currently operational in eight countries, including India. Source: The Financial Express

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