Corporate Mitra Scheme: MCA and IIT Madras Train Youth for MSMEs
Why in the news
The corporate affairs ministry started a new skilling effort called the Corporate Mitra Scheme in July 2026. Its aim is to give small businesses trained local helpers for regulatory work.
Key facts
- Corporate Mitra Scheme was launched by the Ministry of Corporate Affairs (MCA).
- An MoU was signed with IIT Madras along with other partner institutions.
- Target group: youth, who will be trained as assistants to MSMEs.
- Focus areas: compliance and governance.
- Training mode: online learning plus practical training.
| Feature | Detail |
|---|---|
| Launching ministry | Ministry of Corporate Affairs |
| Academic partner | IIT Madras (and other institutions) |
| Beneficiaries served | MSMEs |
| Trainees | Youth |
Exam angle
- Nodal ministry: Corporate Affairs.
- Institutional partner named in the MoU: IIT Madras.
- Purpose: build a trained pool of youth to guide MSMEs on compliance and governance.
- Delivery: a blend of online modules and practical training.