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DGFT notifies Curriculum for Skilling and Mentorship Obligation for Status Holders to mentor Budding Entrepreneurs [Read Circular]

DGFT notifies Curriculum for Skilling and Mentorship - Obligation for Status Holders to mentor Budding Entrepreneurs - TAXSCAN
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DGFT notifies Curriculum for Skilling and Mentorship – Obligation for Status Holders to mentor Budding Entrepreneurs – TAXSCAN

The Directorate General of Foreign Trade (DGFT) notified the curriculum of Skilling and Mentorship Obligation for Status Holders to mentor Budding Entrepreneurs vide trade notice no. 14/2023-24 on 12th July 2023.

The Members of Trade and Industry may refer to Para 1.30 (b) of FTP 2023 regarding Skilling and Mentorship Obligations of Status Holders, wherein it was specified that a model training program of a minimum duration of 6 weeks would be put up in public domain for guidance.

As a result, the Directorate developed a curriculum for the industry-led Skilling and Mentorship project, which is affixed to this Trade Notice for the direction of the Status Holders.The notice stated that to abide by the program's precise rules and goals, members of trade and industry.

Objective:

  1. The program aims to encourage export oriented entrepreneurship by bridging gaps between established industry and budding entrepreneurs. This is envisioned to be achieved by establishing a thriving knowledge ecosystem where industry professionals, mentors, and entrepreneurs can collaborate, share expertise, and drive innovation in international trade.
  2. The Status Holders will endeavour to provide skill upgradation/ training in international trade as detailed below:

DETAILED GUIDELINES

Target beneficiaries & selection of beneficiaries:

  • The interested individuals as well as budding entrepreneurs may be selected for the initiative.
  • Applicants may be asked to submit an application outlying their background, aspiration and reason for participation.
  • Detailed eligibility requirements, selection criteria, training curriculum etc will be at the discretion of the Status Holder. Status Holders may design the mentorship

initiative as per the needs of the industry/sector that they function in while

considering indicative subject matter as given in the next section.

Indicative subject matter:

It may be noted that a Massive Open Online Course has been developed by DGFT in collaboration with Indian Institute of Foreign Trade with course topics including fundamentals of international trade, regulatory framework, product identification, logistics, trade finance etc. The repository of resources is available online at DGFT website (https://www.dgft.gov.in) under the “Learn” section. The same may be used for training the participants under this initiative. Further Status Holder may plan suitable orientation and interactive sessions with their in-house experts/employees encompassing various practical facets of International Trade Operations to enrich the understanding of the beneficiaries.

Intended outcomes

By the end of the 6-week mentorship initiative, participants are expected to have gained a

comprehensive understanding of international trade and will also get insights into specific

industry & its clusters, supply chain & logistics, trade regulations and industry best

practices. The program aims to accelerate the professional growth, expand networks, and

enhance the knowledge and skills of participants involved, leading to more successful and

sustainable international trade endeavors.

Note: The program structure can be further tailored to suit the specific requirements and

preferences of the industry and participants involved.

The guidelines also include Practical exposure and field Visits, Partnership with Industrial Partners,Partnership with educational institutions, Feedback and Monitoring Mechanism, Recognition, Reporting..etc. The circular also explained about the role of the DGFT RAs.

To Read the full text of the Order CLICK HERE

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