Delhi: IIM Ranchi and NSDC demonstrating their commitment towards sustainable socio-economic development and with an aim of fostering positive transformation in tribal communities have signed the MoU to promote tribal entrepreneurship in Jharkhand.
The Integrated Program in Management (IPM) students presented their findings of social internship and shared possible policy interventions. The presentation took place in Delhi, where higher officials from the Ministry of Skill Development and Entrepreneurship (MSDE) and NSDC were in attendance.
Following the presentation, a Memorandum of Understanding (MoU) was signed between IIM Ranchi and NSDC. The purpose of the MoU is to emphasize the commitment of both institutions towards sustainable socio-economic development and to foster positive transformations in tribal communities, specifically focusing on promoting tribal entrepreneurship in Jharkhand.
IIM Ranchi has designed a unique internship programme to provide relevant exposure to students by making them an integral part of planning and strategy development efforts at Singi Dai Van Vigyan Kendra, a multi-skill development centre at Gumla,” said IIM faculty Angshuman Hazarika.
The focus of the programme is on key segments such as medicinal plants, horticulture and aromatic essential oil segments in tune with the local resources and culture. IIM would be the knowledge partner for Van Vigyan Kendra which aims to provide skill training, entrepreneurial training, market linkage and technology leverage to the tribal populace, particularly women to expand their livelihood opportunity,” said Hazarika.
As part of the initiative, the second-year IPM students of IIM Ranchi completed their five-day visit at Vikas Bharati, Bishanpur in Gumla, which provided thorough insights on rural development initiatives and allowed them to ponder and tinker with innovative solutions to promote sustainability, benefitting the locals.
During the internship program, IIM Ranchi students organized themselves into different enterprises and formulated marketing plans that included strategies for improving agricultural production and enhancing community engagement. The one-month internship successfully trained interns across nine batches, with each batch comprising three groups from three verticals working together on a single enterprise.
“The initiative also serves as an opportunity for students to fine-tune their basics and fundamentals on rural marketing, cooperative societies and mutually aided self-help groups under the guidance of faculty members of IIM and other experts, enabling them to make a significant impact on increasing demand for local products in national and international markets,” added a senior faculty at the IIM.
“On the completion of the project, students worked on the industry-market linkage plan and the best-pitched plan will be implemented in NSDC-funded multi-skill development cum women empowerment Centre at Balatu, Jharkhand,” said the faculty.
Join our exclusive community with a simple click! Embark on a journey of professional growth and be the first to get the latest insights – Subscribe to our Newsletter on LinkedIn
