International Conference on Trinity of MUDRA, Start-Up and Stand-Up India Schemes: Prospects and Challenges

Economic policies in India have been changing for addressing policy issues especially for achieving higher growth. Economic stability and economic inclusion are two other major planks in the reform efforts set in motion. In this context, while employment creation is the biggest challenge it has been realized that investment increases productivity but may not create sizable direct employment opportunities. Technology also provides new opportunities not only for indirect employment but also by providing services more efficiently thereby reducing costs and improving competitiveness. Furthermore, this helps in creation of new businesses by innovators and young generation entrepreneurs working independently and pursuing their own dreams and their own logic. ICT sectors are evidence of the diverse and multifaceted businesses that have transformed the economic scenarios in many countries including that of India.

Chinese growth rate in manufacturing sustained for three to four decades is not only a miracle but also evidence of how quickly processes of work can change and have to change for competing in global markets. India is placed in a unique position in-so-far as along with manufacturing and commodity production, we have the youngest and the largest human resource potential. To realize the potential, what is required is innovation and entrepreneurial skills supported by an environment that encourages this. More than 90% of the Indian workforce is employed in the non corporatized informal sector. This sector of small businesses that does not employ large number of workers in one place, are in effect the backbone of the economy. Some new initiatives have been taken by the government aiming to energize and modernize this huge sector of diverse activities. These initiatives have been given the catchy phrase of MUDRA, Start-up India and Stand-up India.

Institutional finance has always been relevant to small businesses. The Indian government has launched the above schemes to encourage and help small entrepreneurs/business meet their financial needs and giving a boost to the economy. They aim to provide an entrepreneurial platform to SC/ST and women entrepreneurs and start-ups with a view to ensuring access to financial services. The mission is to bring about comprehensive financial inclusion of all the households in the country.

MUDRA (Micro Units Development and Refinance Agency) scheme comes as a vision to fund the unfunded and provide support to the small enterprises, mostly in the unorganized sector. This will go a long way in stimulating the growth of MSMEs. The Start-up India and Stand-up India schemes have been started to help people who wish to start/expand/modernize their own businesses. They focus to rejoice the nation’s entrepreneurial character, and generate a strong bionetwork for fostering advancements and new business. However, there is a need to address challenges in creating supportive policies and strategies.

Conference, Seminars

Dr. Kshatrapati Shivaji, IAS, CMD, SIDBI
Shri Ravindra Nath, CMD, NSIC
Shri Rajiv Chawla, Chairman, IAMSME of India
Dr. I. M. Pandey, Director General, Delhi School of Business, formerly Professor at IIM, Ahmedabad (In Chair)
Dr. Vinod K. Ladia, CMD, Shri Rajasthan Syntex Ltd. and Group Companies (past Chairman, CITI and SRTEPC)
Dr. Manju Nair, Director, International School of Informatics and Management
Dr. Namjae Cho, Professor, School of Business and Director, Indo Asean Center, Hanyang University, Seoul
Mr. Digvijay Singh, Vice President, Indian Angel Network, New Delhi.
Dr. Kanta Ahuja, Former VC, Rajasthan University (In Chair)
Dr. Upinder Dhar, VC, Shri Vaishnav Vidyapeeth Vishwavidyalaya, Indore
Dr. Piyush K. Sinha, Professor, IIM–Ahmedabad
Dr. Sunil Shukla, Director, Entrepreneurship Development Institute of India, Ahmedabad
Ms. Nidhi Agarwal, Advisor - Rajasthan Lead, KPMG
Padmabhushan Prof. V. S. Vyas, Professor Emeritus, IDS (former Director, IIM, Ahmedabad and Member of Prime Minister’s Economic Council)

1. Area - Human Resource
• Employment Generation, Self-Employment and Talent Management
• Training and Skill Development - Going Beyond the Traditional Institutional Framework
• Welfare and Social Security Safety Nets for Informal Sector
• Digital India Initiative - Challenges of Digitisation and ICT

2. Area - Finance
• Financial Architecture for MSMEs
• Micro Finance, Crowd Funding and Financial Inclusion
• Investment Promotion for MSMEs and Contribution to Industrialization
• Regulatory Compliances and Procedures

3. Area - Marketing
• Establishing Market Linkages
• Business Environment and Market Dynamics
• Customer Engagement and Branding (Establishing Market Identity)
• Rural Industrialization and Cluster Development

4. Area - Entrepreneurship and Technology
• Entrepreneurship Promotion and Development
• Promoting ICT Use and E-Commerce by MSMEs
• Product Standards and Total Quality Management
• Transnational Entrepreneurship and Innovation – ATAL Innovation Mission

Last date for submission of abstract : November 30, 2016
Acceptance of short-listed abstracts : December 10, 2016
Full paper submission : January 20, 2017
Acceptance of full paper : January 31, 2017
Last date for registration : February 20, 2017

Participants/delegates should send the registration form in the format appended along with requisite registartion fee by the way of Demand Draft in favour of 'Poornima School of Management' payable at Jaipur. The registration fee (that includes the conference kit, lunch & tea) is :
Industry Delegates : INR 1500
Academicians/Research Scholars : INR 1000
Student Delegates from other Institutions : INR 800
Foreign Delegates : USD 50

Poornima Institute of Engineering & Technology,
ISI-2, RIICO Institutional Area,
Sitapura, Jaipur (Rajasthan) - 302022