Govt Launches Online Employment Exchange to Help MSME

An online employment exchange for MSME sectors and job seekers has been launched by the Union Minister of Micro, Small and Medium Enterprise (MSME), Kalraj Mishra on Monday.

With the vision of Prime Minister Modi’s “Digital India” programme, the government launched this online employment exchange that will enable industrial enterprises to find suitable workers and job-seekers to find employment.

Minister Kalraj Mishra stated that, “India has successfully come back today on track of economic progress and the Central Government has created an environment of growth and prosperity. Programs like Make in India, Skill India, Clean India have created a huge momentum to drive industrial growth and create employment opportunities for the millions of youth in the country.”

“More than 35% of the Indian population is under 35. Keeping this in mind, the prime minister worked towards converting India into a manufacturing hub. This online portal will develop entrepreneurship and will provide employment to the youth as well,” he added.

He also explained, “There is no co-ordination in the skill development process in the country. This website was created after skill mapping and industrial profiling was conducted in 652 districts.” Inputs from all major institutions imparting technical education have been taken, he added.

Through online employment exchange employers and prospective employees can register themselves on the website. It will facilitate easy search for skilled labour and enhance employment opportunity for individuals with technical skills. The ministry hopes to create a reliable digital database based on the nature, size and geographical distribution of skilled workforce.

A manufacturing enterprise is classified as a micro enterprise if investment in plant and machinery is below Rs 25 lakh; small enterprise if the investment is between Rs 25 lakh and Rs 5 crore. An investment of more than Rs 5 crore is categorised as medium enterprise.

Explaining about the launching president of Confederation of Micro, Small and Medium Enterprises Sanjay Bhatia said, “Most MSMEs are small in size and don’t have enough capital for a comprehensive search for employees.”

According to Amarendra Sinha, additional secretary and development commissioner at the MSME ministry, more than 200,000 people have so far registered on the website.

The online employment exchange will be accessible free of cost for the next one month, for both employers and job-seekers.

The youth of the country and industry can use the online employment exchange through its website