Monday, July 3, 2017

PHD CHAMBER AND PAN IIT ALUMNI INDIA SIGN MOU TO EXPLORE AND DEVELOP OPPORTUNITIES IN RURAL DEVELOPMENT AMONG OTHERS

PHD Chamber of Commerce and Industry and Pan IIT Alumni India have signed a Memorandum of Understanding here to jointly advise and assist the governments and its agencies, private sector and the community with “Technology” led solutions to explore and develop opportunities in the Rural Development and Rural Enterprises in India and more specifically in the targeted states.

The MoU signed between the Secretary General of the PHD Chamber Mr. Saurabh Sanyal and General Secretary, Pan IIT Alumni India, Mr. Sanjay Govil will also identify need based opportunities in the selected thrust areas such as development of rural infrastructure and services, upgradation and establishments of rural enterprises, participation in the value chain of rural produce, access to technology and skills development, access to markets and access to funds.

In addition, the two organizations will also work for capacity building of stakeholders and local partners and make collaborative efforts to jointly support development of rural technology parks, rural incubators and rural enterprises based projects in the targeted states of India and its replication thereafter.

Both will jointly facilitate in funding local partners to implement specific projects as may be agreed upon as also provide necessary technical support and training to local partners for the implementation of projects, besides exploring the funding for project design and development, implementation and monitoring from central government, the state government and also foreign bilateral and multilateral sources.


In a statement issued here today, Mr. Sanyal said that PHD Chamber and Pan IIT will constitute a taskforce to jointly prepare a programme, project outline by 31 August 2017 which will also formulate the tentative schedule for implementation of specific projects identified in the thrust sectors.

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