Indian Industry (Corporate and Multinationals), Public Sector Undertakings, Banks, NGOs and other organisations who are also working for the development of the Nation have certain social obligations to accomplish by encouraging and involving in various activities which are aimed at development and well being of various strata of the society. The prime basic requirements of a Nation are education, health care, development of agriculture and industry, infrastructure, environment protection, ability to face natural calamities.
This Federation is aimed at addressing one of the important social responsibilities. It is the obligation of the established corporate, both private and public sector Banks & Public Sector Undertakings and other organisations to come forward to educate, guide and create awareness amongst the young entrepreneurs by supporting and involving various activities organised for enhancement of their business and inculcating state-of-the art knowledge in various developments taking place throughout the world.
The oft repeated emphasis of the Hon’ble Prime Minister and the Hon’ble President of India that “Micro, Small and Medium Entrepreneurs, who are the backbone of the Nation development should be given all support and encouragement by all concerned for growth and global competitiveness” is worth mentioning here.