Shortage of fund is badly affecting the overall functioning of the Small and Cottage Industries Training Institute (SCITI), officials said.
"We are unable to function properly due to budget shortage. We proposed to the BSCIC to revise the budget so that the institute could function properly," SCITI principal Md Abdul Wadud told the FE Thursday.
The government has allocated a total of Tk 20 million as budget for SCITI for the fiscal year (FY) 2013-14. Out of the amount, only 0.6 million is allocated for Small and Medium Entrepreneurs (SMEs) training purposes.
The SCITI, engaged in creating new entrepreneurs for SME sector, started its journey in 1985. It is providing 50 training programmes under five faculties this year.
"We have completed 38 trainings out of the 50 for the current year. A total of 1096 persons received training from the institute so far," he said.
He said that they would be able to complete the rest of the training programmes smoothly if they get revised budget from BSCIC.
"If we get the revised budget from BSCIC then it will be possible for us to complete the rest of the 12 training programmes smoothly. Besides it will also help the institute to function properly and allow more persons to receive training," he said.
The faculties are: entrepreneurs' development, financial management, industrial management, general management and marketing management.
Last year 1600 people have received trainings from SCITI. So far about 40,000 persons have received training from SCITI since its inception. The persons who received trainings from SCITI are engaged in SMEs sector and have been contributing significantly to the country's economy.
More people would have been able to get the opportunity to receive training if there had been a number of branches of SCITI in the districts.
"If the government sets up more SCITI training centres at the district level then rural people would get opportunities for receiving training," Mr Wadud said.
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