New Delhi, June 27 -- The Corporate Mitra scheme, announced in the Union Budget 2026-27 to create a pool of trained para-professionals for micro, small and medium enterprises (MSMEs), has moved closer to rollout with the signing of a Memorandum of Understanding (MoU) with IIT Madras and the unveiling of the scheme's logo, ahead of the opening of registrations.

According to a joint press release, the MoU was signed on June 25 between IIT Madras, IIT Pravartak, SWAYAM Plus, the Institute of Chartered Accountants of India (ICAI), the Institute of Company Secretaries of India (ICSI), and the Institute of Cost Accountants of India (ICMAI) to operationalise the Corporate Mitra scheme.

The government had announced the Corporate Mitra scheme in...