GOVT SIGNS MOUS WITH AMAZON AND OTHERS

LUCKNOW: The state government signed five memorandums of understanding (MoUs), including one with e-commerce giant Amazon India, to promote products selected under the One District, One Product (ODOP) scheme at a summit on Friday.

Besides Amazon, the state government signed MoUs with Wipro GE Healthcare, Bombay Stock Exchange, National Stock Exchange and the Quality Council of India (QCI).

Representatives of all the companies/bodies were present to ink the MoU with the Uttar Pradesh government.

Wipro GE Healthcare will set up a centre to impart skill development training to nearly 450 personnel in the state. This training is expected to be imparted at a medical college, which is yet to be decided.

On behalf of the Bombay Stock Exchange, its CEO Ashish Chauhan signed the MoU with the state government which was represented by UP chief secretary Anup Chandra Pandey.

The BSE and the NSE will launch education programmes to make the micro, small and medium industries aware about the procedure for listing on stock exchanges.

Industrialists of the MSME sector have been demanding such education programmes so that they can list their products on stock exchanges and raise money from the market.

Amazon will provide a platform to artisans selected under the ODOP scheme to showcase and sell their products through its website. The online retailer will set up a microsite titled ODOP on its website which will put up products of 300 artisans free of cost on the website.