Read or download the official PDF of this gazette notification issued by the Ministry of Corporate Affairs on 29th July 2026. Classified under Press Release.
Executive Summary
The Indian Institute of Corporate Affairs (IICA), Shillong, organized a webinar on July 27, 2026, to promote the Corporate Mitra Scheme among the youth and enterprises of Mizoram. The scheme, announced in the Union Budget 2026-27, aims to create a cadre of "Corporate Mitras"—qualified para-professionals providing affordable compliance and business support to MSMEs. Registration for the associated training course is open until July 31, 2026, featuring specific incentives for the Northeast Region.
Key Points / Main Content
Scheme Objectives and Vision
MSME Empowerment: Designed to support Micro, Small, and Medium Enterprises, primarily in Tier-2 and Tier-3 cities, to align with the "Viksit Bharat @ 2047" vision.
Professional Cadre Development: Equips young graduates with industry-relevant knowledge to become "Corporate Mitras" who provide accessible and quality business support services.
Operational Support: Mitras assist local enterprises with non-core functions such as regulatory compliance, taxation, accounting, and governance, allowing MSMEs to focus on innovation and expansion.
Regional Focus and Incentives
Northeast Priority: The scheme includes 200 reserved seats and a 50% fee concession exclusively for candidates from the Northeast Region to encourage local participation.
Regional Coordination: IICA-Shillong serves as the nodal agency for implementation, coordination, and liaison with State Governments and stakeholders in the Northeast.
Implementation Framework
Collaborating Institutions: The program is supported by The Institute of Cost Accountants of India (ICMAI) as the lead co-host, with support from ICSI and ICAI.
Educational Facilitation: Mizoram University assisted in mass outreach and participant mobilization for the state-level campaign.
Course Registration: Registration is currently live on the Swayam Plus platform and concludes on July 31, 2026.
Impact Analysis
Stakeholder: Micro, Small and Medium Enterprises (MSMEs)Impact: MSMEs gain access to a pool of accredited para-professionals to handle complex regulatory and financial compliance at affordable rates.
Action Required: Identify non-core business areas requiring professional assistance and engage with Corporate Mitras to ensure regulatory ease.
Stakeholder: Young Graduates and StudentsImpact: Provides a pathway to becoming industry-ready professionals with specialized skills in business support services, enhanced by financial concessions for regional candidates.
Action Required: Interested candidates must register for the 'Corporate Mitra' course via the Swayam Plus portal by the July 31, 2026, deadline.
Stakeholder: Professional and Academic Institutions (IICA, ICMAI, Mizoram University)Impact: These bodies are positioned as central figures in regional economic development and professional capacity building.
Action Required: Continue coordination and liaison with government and industry bodies to promote the scheme and facilitate the training framework.
Key Entities Referenced
Corporate Mitra Scheme: An initiative announced in the Union Budget 2026-27 to empower MSMEs by creating a cadre of trained para-professionals providing business support and compliance services.
Indian Institute of Corporate Affairs (IICA): The nodal agency under the Ministry of Corporate Affairs responsible for the coordination, rollout, and awareness of the Corporate Mitra Scheme, particularly in the Northeast Region.
Ministry of Corporate Affairs: The primary central ministry responsible for the strategic guidance, development, and oversight of the Corporate Mitra initiative.
Union Budget 2026-27: The national policy document that officially announced the Corporate Mitra Scheme to facilitate MSME growth in Tier-2 and Tier-3 cities.
Northeast Region (NER): The primary geographical focus area for the scheme's awareness campaign and implementation, featuring specific seat reservations and fee concessions for local candidates.
Ministry of Corporate Affairs
Corporate Mitra Scheme Awareness Webinar
organized by IICA Shillong, Ministry of Corporate
Affairs witnessing overwhelming participation of
youth and enterprises of Mizoram
प्रव तथ: 29 JUL 2026 3:49PM by PIB Delhi
The Indian Institute of Corporate Affairs (IICA), Shillong, under the Ministry of Corporate Affairs,
successfully organised a webinar on 27 July 2026, for awareness and sensitisation of the Corporate Mitra
Scheme for the youth, students, MSMEs, professionals and enterprises of Mizoram.
The webinar for Mizoram was conducted as part of the Scheme’s Awareness Campaign, for the Northeast
Region (NER). Mizoram University, Aizawl, facilitated the program, with mass outreach and participant
mobilization for the event in the state, and The Institute of Cost Accountants of India (ICMAI)supported - as the “lead co-host”; with The Institute of Company Secretaries of India (ICSI) and The
Institute of Chartered Accountants of India (ICAI) – supporting as the “support co-host”.
The Corporate Mitra Scheme was announced in the Union Budget 2026-27 with the aim to empower
MSMEs, primarily in the Tier-3 & 2 cities, by facilitating the MSMEs in playing their part in the larger
vision of a Viksit Bharat @ 2047.
The initiative embodies the vision of a formalized, financially sustainable, and a thriving MSME sector,
by creating a strong support ecosystem for the MSMEs, by providing access to a pool of qualified,
accredited and trusted para professionals – called the “Corporate Mitras”. The initiative aims to create a
cadre of business support para-professionals, by equipping young graduates with industry-relevant
knowledge and practical skills and making them industry ready to provide accessible, affordable, and
quality compliance, assistance and business support services to Micro, Small and Medium Enterprises
(MSMEs).
The accredited Corporate Mitra(s) shall provide professional assistance to the local enterprises, for the
non-core aspects of their business operation i.e. regulatory, compliance, financial, taxation, accounting,
and governance-related needs, thereby ensuring that MSMEs can focus on innovation, expansion and
growth, while meeting regulatory requirements with ease.
For Scheme’s rollout and implementation for the Northeast region, Indian Institute of Corporate Affairs
(IICA)-Shillong, under the Ministry of Corporate Affairs has been designated as the nodal agency for
coordination and liaison with State Governments and other stakeholders (universities/associations/industry
bodies/institutes etc.), for promotion, and awareness of the Scheme.
Registration for the 'Corporate Mitra' Course was launched on 15th July 2026 and shall be live up till to
31st July 2026 (Registration Link: https://swayamplus.education.gov.in/courses/corporate-mitra).
The webinar commenced with the welcome address and context-setting by Sh. Debarun Kalita, Officer
on Special Duty (OSD) for IICA Shillong, also the designated Nodal Officer for the Corporate Mitra
Scheme for the Northeast. Sh. Kalita, at the outset expressed his deep gratitude to the visionary leadership
of the Secretary, Ministry of Corporate Affairs for her strategic guidance in developing the Corporate
Mitra concept. He also placed his sincere appreciation to the Director General, Indian Institute of
Corporate Affairs, Sh. Gyaneshwar Kumar Singh, under whose stewardship, the Corporate Mitra was
conceived, structured and given shape.
Sh. Kalita conveyed his gratitude to Joint Secretary, Ministry of Corporate Affairs, Sh. Rahul Jain for his
oversight in steering the Scheme’s implementation strategy and rollout plan.
Sh. Kalita OSD, in his address, further elaborated upon the scheme's goal to empower MSMEs through
local Corporate Mitras, highlighting the priority and focus attached to the Northeast region, with 200 seats
exclusively reserved along-with a 50% fee concession for candidates from region, to encourageparticipation and uptake in the NER. Sh. Kalita stated the alignment of the initiative with the vision of The
Hon’ble Prime Minister for the Northeast as the "new engine of India's growth" and emphasized the
importance of successful implementation of the Scheme in NER states, particularly Mizoram.
The Vice President, Institute of Cost Accountants of India (ICMAI), CMA Manoj Kumar Anand,
addressed the participants, highlighting Mizoram's potential to lead economic growth in the Northeast.
Prof. Vanlalchhawna, Dean School of Economics, Management and Information Sciences (SEMIS), at
Mizoram University, Aizawl, in his expert address, fervently welcomed the initiative, terming it as epoch-
making for Mizoram’s economy.
The webinar also featured a technical session which included a comprehensive presentation on the
scheme's objectives, implementation framework, and core competencies by the resource expert from the
program’s Lead Co-host - ICMAI.
The webinar witnessed enthusiastic participation from more than 650 students - from premier
state/central universities, institutes, colleges; entrepreneurs, aspiring professionals, and other
stakeholders, from across Mizoram. The interactive session elicited significant interest in the Corporate
Mitra Scheme and its role in strengthening professional capacity and corporate governance in the North
Eastern Region.
*****
SR/ONP
(रलीज़ आईडी: 2291056) आगंतुक पटल : 536
इस वज्ञ को इन भाषाओ ंम पढ़: Urdu , ही , Assamese , Tamil