Nagaland department of employment, skill development and entrepreneurship, on behalf of Nagaland government, signed a MoU with US-India Business Council (USIBC) in New Delhi on August 23, an official release said on Tuesday.
The MoU will remain in effect for one year from the date of its signing unless earlier terminated by either of the participants.
The release said the MoU was signed to encourage the interaction between corporate members of USIBC (Corporate Entities) and the Nagaland government on growth and development of regional economy.
The USIBC is a premier business advocacy organization dedicated to strengthening the economic and commercial relationship between the United States and India. It is the largest bilateral advocacy group in the US-India investment space.
The business council intends to facilitate engagements within Nagaland in which the corporate entities can present their interests, advice and capabilities in several areas such as development of an employment-oriented skilling ecosystem, preparation of a blueprint of skill development for employability and also assist in finding partners to implement it in Nagaland.
The corporate entities will also look for best practices in the areas of skilling, entrepreneurship and other areas of mutual interest besides use of technology solutions to enable skilled citizens to find suitable employment opportunities.