{
  "id": 5715014,
  "title": "‘Corporate Mitra’ Aims To Take The Fear Out Of Compliance, Make Regulatory Know-How Easier For MSMEs",
  "url": "https://urgent.news/2026/09/05/corporate-mitra-aims-to-take-the-fear-out-of-compliance-make",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-05T04:10:07.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/corporate-mitra-aims-to-take-the-fear-out-of-compliance-make-regulatory-know-how-easier-for-msmes"
  },
  "original_language": "en",
  "account": "New Delhi: The government's Corporate Mitra program aims to simplify regulatory compliance for Micro, Small and Medium Enterprises (MSMEs) by providing a team of trained paraprofessionals to offer affordable professional assistance. Introduced in the Union Budget 2026-27, the scheme intends to alleviate the compliance burden on entrepreneurs, while aiding smaller businesses in understanding and adhering to regulatory requirements.\n\nAnita Shah Akela, Joint Secretary at the Ministry of Corporate Affairs, explained that the initiative aims to change compliance from a hindrance to a catalyst for trust, transparency, accountability, and orderly growth. The program combines professional expertise from the Institute of Chartered Accountants of India (ICAI), the Institute of Cost Accountants of India (ICSI), and the Institute of Company Accountants of India (ICoAI), along with technological and academic support from IIT Madras, IIT Madras Pravartak, and SWAYAM Plus.\n\nThe government has already launched the Corporate Mitra course, with 2,879 learners enrolled in the first cohort. The launch of the Corporate Mitra Learning Management System marks the beginning of the program's structured learning and skill-building phase. The 12-month course is structured into two stages, with participants completing around 150 hours of academic learning via recorded video lectures during the first six months. Following this, they will undergo six months of hands-on training with professional firms run by members of ICAI, ICSI, and ICoAI.\n\nThe Corporate Mitra Course is designed to create a skilled pool of certified paraprofessionals who can assist MSMEs in compliance, formalization, and ease of doing business. By doing so, the program also aims to generate employment and promote inclusive economic growth.",
  "summary": "New Delhi: The government’s Corporate Mitra initiative aims to make regulatory compliance simpler and more accessible for Micro, Small and Medium Enterprises (MSMEs) by creating a pool of trained paraprofessionals who can provide affordable professional support. Announced in the Union Budget 2026-27 , the programme seeks to reduce the compliance burden on entrepreneurs while helping smaller…",
  "key_points": [
    "Corporate Mitra program simplifies compliance for MSMEs.",
    "Trained paraprofessionals offer affordable professional assistance.",
    "Course launched with 2,879 learners enrolled in first cohort."
  ],
  "editors_take": "The Corporate Mitra program changes the compliance landscape for MSMEs by providing affordable professional help, turning a hindrance into a catalyst for trust, transparency, and growth.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}