Read or download the official PDF of this gazette notification issued by the Ministry of Corporate Affairs on 26th July 2026. Classified under Press Release.
Executive Summary
The Indian Institute of Corporate Affairs (IICA) Shillong organized an awareness webinar to promote the ‘Corporate Mitra Scheme’ among youth and MSMEs in Arunachal Pradesh. The scheme aims to create a pool of trained para-professionals to provide affordable compliance and business support services to enterprises in Tier-2 and Tier-3 cities. Eligible students must register for the 'Corporate Mitra' course via the Swayam Plus platform between July 15, 2026, and July 31, 2026.
Key Points / Main Content
Objectives and Vision
Empower MSMEs in Tier-2 and Tier-3 cities to contribute to the "Viksit Bharat @ 2047" vision.
Develop a formalized, financially sustainable MSME ecosystem through a network of accredited "Corporate Mitras."
Reduce the regulatory and secretarial compliance burden on small enterprises to improve the Ease of Doing Business (EODB).
Role of Corporate Mitras
Provide accessible and affordable professional assistance in regulatory, compliance, financial, taxation, accounting, and governance matters.
Function as trained para-professionals equipped with industry-relevant knowledge and practical skills.
Enable MSMEs to focus on innovation and expansion by handling non-core business operations.
Scheme Targets and Incentives
The initial implementation target is 2,000 participants across India.
200 seats are exclusively reserved for candidates from the North East Region (NER).
NER candidates are eligible for a 50% fee concession for the training course.
Administration and Collaboration
IICA Shillong is the designated nodal agency for the scheme’s rollout and coordination in the Northeast.
The initiative is supported by lead co-host ICMAI and support co-hosts ICSI and ICAI, in collaboration with Rajiv Gandhi University.
Impact Analysis
MSMEs (Micro, Small and Medium Enterprises)Impact
Enterprises will gain access to a pool of trusted para-professionals for affordable compliance and technical support, reducing their administrative burden.
Action Required
Engage with accredited Corporate Mitras to streamline regulatory requirements and focus on business growth and innovation.
Students and Young GraduatesImpact
Graduates receive an opportunity to gain industry-specific skills and employment as para-professionals within the corporate service sector.
Action Required
Eligible candidates must register for the 'Corporate Mitra' course on the Swayam Plus website (https://swayamplus.education.gov.in/courses/corporate-mitra) by July 31, 2026.
North East Region (NER) CandidatesImpact
Candidates from this region benefit from a dedicated quota of 200 seats and a significant 50% reduction in course fees.
Action Required
Apply within the specified registration window to avail of the fee concession and specialized regional training opportunities.
Key Entities Referenced
Corporate Mitra Scheme: An initiative to empower MSMEs by providing access to accredited para-professionals for regulatory, compliance, financial, and governance-related assistance.
Ministry of Corporate Affairs: The primary ministry responsible for the formulation and rollout of the Corporate Mitra Scheme.
Indian Institute of Corporate Affairs (IICA): The nodal agency designated for the implementation, coordination, and awareness of the scheme, specifically through its Shillong center for the Northeast region.
Viksit Bharat @ 2047: The national vision document aimed at creating a formalized and financially sustainable MSME sector, which the scheme intends to support.
North Eastern Region: A central focus area for the scheme's implementation, featuring specific participation targets and fee concessions for candidates from states like Arunachal Pradesh.
Ministry of Corporate Affairs
Ministry of Corporate Affairs’ ‘Corporate Mitra
Scheme’ Awareness Webinar Successfully
Organized by IICA Shillong for the youth and
enterprises of Arunachal Pradesh
प्रव तथ: 26 JUL 2026 10:49PM by PIB Delhi
The Indian Institute of Corporate Affairs (IICA), Shillong, under the Ministry of Corporate Affairs,
successfully organised a webinar on recently, for awareness and sensitization of the Corporate Mitra
Scheme among the youth, students, MSMEs, professionals and enterprises of Arunachal Pradesh.
The webinar was conducted as part of the Corporate Mitra Scheme Awareness Campaign for the Northeast
Region (NER), in collaboration with Rajiv Gandhi University (RGU)-Arunachal Pradesh and support of
The Institute of Cost Accountants of India (ICMAI) - as the lead co-host and the Institute of
Company Secretaries of India (ICSI), the Institute of Chartered Accountants of India (ICAI) – as the
support co-host.
The Scheme aims to empower MSMEs, primarily in the Tier-3 & 2 cities, by supporting them in playing
their part in the larger vision of a Viksit Bharat @ 2047. The scheme embodies the vision of a formalized,
financially sustainable, and a thriving MSME sector by creating a strong support ecosystem for the
MSMEs, through facilitating access to a pool of qualified, accredited and trusted para professionals
“Corporate Mitras”.
The Corporate Mitras are envisaged to provide accessible, affordable, and quality compliance and
business support services to Micro, Small and Medium Enterprises (MSMEs), while creating a pool of
trained para-professionals by equipping young graduates with industry-relevant knowledge and practical
skills. The initiative is expected to strengthen the MSME ecosystem and enhance employment
opportunities, particularly across the North Eastern Region. The accredited Corporate Mitra(s) are
expected to provide affordable and accessible 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.
The scheme implementation is planned with an initial pan India target of 2000 participants, including 200
exclusively from the North East Region (NER), with a 50% fee concession being available for the NER
candidates.
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 for registration by eligible students w.e.f. from
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, designated Nodal Officer for the Corporate Mitra Scheme for
the Northeast. Sh. Kalita, at the outset expressed his deep gratitude to the visionary leadership and
guidance of the Director General, Indian Institute of Corporate Affairs, Sh. Gyaneshwar Kumar
Singh, under whose stewardship, the original concept of the Corporate Mitra course was developed,
structured and given shape.
He further shared the development context and conceiving of the Corporate Mitra concept, to address the
inherent challenges faced by the MSMEs in business growth, scale-up and expansion, particularly from
the northeast, on account of regulatory and secretarial compliance burden, lack of affordable business
advisory/support professionals and pressing need transformative initiatives towards Ese of Doing Business
(EODB).
The President, The Institute of Cost Accountants of India (ICMAI), CMA Sh. Chittaranjan
Chattopadhyay, who delivered the keynote address, highlighting the importance of building a skilled
professional workforce to support MSMEs and contribute to India’s vision of Viksit Bharat @2047,
graced the webinar.
A special address was also delivered by the Vice President The Institute of Cost Accountants of India
(ICMAI), CMA Manoj Kumar Anand, who informed the participants on the need to have a facilitative
and supporting eco-system both for the youths/students and the MSMEs, which the Corporate Mitra
Scheme addresses.
A special address was delivered by Prof. Rama Chandra Parida, Head of the Department of Commerce
at Rajiv Gandhi University, Arunachal Pradesh, who appreciated the collaborative initiative and
encouraged students to explore the opportunities, offered under the Corporate Mitra Scheme.
The technical session featured a comprehensive presentation on the scheme's objectives, implementation
framework, and core competencies by the Lead Co-host from The Institute of Cost Accountants of India
(ICMAI), CMA (Dr.) S.K. Gupta, Managing Director of the ICMAI Registered Valuers Organization,
followed by an engaging interactive session that addressed participants' queries.
The webinar witnessed enthusiastic participation from more than 150 students, faculty members,
and aspiring professionals representing various institutions across Arunachal Pradesh.
The programme concluded, with a formal Vote of Thanks expressing gratitude to the leadership at
Ministry of Corporate Affairs, Director General, IICA, and appreciation to all dignitaries, partner
institutions, participants, and the organizing teams of IICA Shillong, Rajiv Gandhi University, and The
Institute of Cost Accountants of India (ICMAI), the Coordination Committee, Corporate Mitra Scheme,
for their valuable contributions towards the successful conduct of the webinar.
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SR/ONP
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