The Department of Employment, Skill Development and Entrepreneurship representing the State Government of Nagaland signed a MoU with US-India Business Council (US-IBC) on August 23 at New Delhi. US-IBC is a premier business advocacy organization dedicated to strengthening the economic and commercial relationship between the United States and India and the largest bilateral advocacy group in the US-India investment space and has its office at 1615 H St NW, Washington, DC 20062, USA.
According to the officials of the CMO, the objective of the MoU is to encourage interaction between corporate members of US-IBC and the State Government on the general topic of growth and development of regional economy. The intention of US-IBC is to facilitate engagement within Nagaland so that corporate entities of the State can present their interests, advice and capabilities for ease of business.
The MoU ponders upon some key points:
- Development of an employment-oriented skilling ecosystem in Nagaland
- How to prepare a blueprint of skill development for employability in Nagaland and also assist in finding partners to implement the same
- Best practices in the areas of skilling, entrepreneurship and other areas of mutual interest
- Use of technology solutions to enable skilled citizens to find suitable employment opportunities
The MoU will remain in effect for one year from the date of the last signature unless earlier terminated by either of the participants.