The three ‘S’, – Skill, Speed and Scale are the key to capacity building for StartUps as also for those engaged in any other vocation, Union Minister, Dr Jitendra Singh on Friday said while inaugurating the Training Program conducted by IIM Raipur faculty for the Kendriya Bhandar (KB) staff.
The Minister said, “Quality with Cost-Effectiveness of the end-product is what determines the sustainability amid competition”, he said.
Kendriya Bhandar is the first organization in India to seek institutionalised training for its employees. Training and constant upgrading of skills are the two main aspects constantly reiterated by Prime Minister Narendra Modi, said the Minister.
Dr Jitendra said, KB Society was performing dismally after the withdrawal of Stationery OM in March 2015, and the sales turnover started falling down by 100 to 150 crores annually and the profit also declined sharply till March 2018 and thus the Society was almost on the verge of losses.