NTTC has contributed to small scale sector growth in Nagaland

NTTC has contributed to small scale sector growth in Nagaland
Nagaland State Chief Minister, Neiphiu Rio, with other dignitaries at the inauguration of Modernization of the Nagaland Tool Room & Training Centre under the Government of India’s Promotion of MSMEs in NE & Sikkim scheme on December 8. (Morung Photo)

 

CM Rio inaugurates Modernization of Nagaland Tool Room & Training Centre

 

Morung Express News
Dimapur | December 8

 

Nagaland State Chief Minister, Neiphiu Rio, on Saturday commended the Nagaland Tool Room & Training Centre (NTTC), Dimapur for imparting skill training to more than 4000 youth out of which 70% have been given job placements since its inception in 2006. He said that the Centre has contributed to the growth of small scale sector in Nagaland.

Speaking after inaugurating the upgradation of NTTC Dimapur under a central scheme, Rio said Nagaland was a ‘youthful state’ looking at entrepreneurship and skill enhancement to help find jobs. He recognized Micro, Small and Medium Enterprises (MSMEs) as an important component of the economy contributing around 6.11% of the manufacturing GDP and 24.63% of the GDP from service activities as well as 33.4% of India’s manufacturing output.

 

He informed that around 120 million persons were employed in MSME sector and contribute around 45% of the overall exports from India.

 

The Chief Minister said that balanced and equitable growth was possible only when the marginalized sections of the society were enabled to envision, create and build up entrepreneurial ventures so that even the youth in remote locations like Nagaland become a participant in the growth.

 

“There is a need to substantially increase the number of entrepreneurial opportunities for Scheduled Tribes in Nagaland and the North East,” he said and thanked the Government of India for the initiative of the National SC/ST Hub for developing supportive ecosystem for SC/ST entrepreneurs. He was optimistic that Nagaland would also benefit from this initiative.

 

Stating that Naga entrepreneurs were innovative, Rio, however said that remoteness and lack of connectivity were major bottlenecks that impact the entrepreneurs as it increases the costs of raw materials and creates challenges in marketing of local produce. Accessing institutional finance and investments was another challenge which, the Chief Minister said, the entrepreneurs were facing.

 

He said the State Government was trying to address some of the gaps by setting up Investment and Development Authority of Nagaland which would be organizing the First North East Summit on Developing the Region through power entrepreneurship on December 20 and 21 in Dimapur, in association with the UN Global Compact Network India.

 

Rio encouraged the youth to get skilled and become job providers instead of job seekers. He assured to assist youngsters out of the Corpus fund for those who are genuinely interested in getting skilled in various fields. “We do not need to start big but with commitment,” he added.

 

Rio expressed gratitude to the Ministry of MSME for fulfilling its commitment to modernize the NTTC.

Secretary, MSME GoI, Dr. Arun Kumar said that the ministry was keen to invest more money for enterprising youth. He informed that MSME was the second largest in employment generation next to agriculture.

 

Advisor, Industries & Commerce and Chairman NIDC, Imnatiba said that the department was planning to set a proposal for extended campus of NTTC to generate more skills and employment.

 

Principal NTTC, Dimapur, Er. Petehetuo Miasalhou and Additional Development Commissioner, MSME, GoI, Piyush Srivastava also spoke during the programme.

 

Earlier, the Chief Minister and other officials inspected the various tools and machineries in the upgraded Centre.