Quick Summary
The Ministry of Corporate Affairs (MCA) has released detailed guidelines for the newly announced Corporate Mitra Scheme. Introduced in the Union Budget 2026-27, the scheme aims to create a nationwide network of trained paraprofessionals who can help MSMEs manage regulatory compliance, accounting, taxation, financial guidance and governance-related requirements. The initiative seeks to bridge the gap between professional advisory services and small businesses by developing a skilled workforce of
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FAQ :
The Corporate Mitra Scheme is a 12-month skill development programme designed by the MCA to train young graduates as paraprofessionals who can provide affordable and accessible support to MSMEs in areas like regulatory compliance, accounting, and taxation.
Eligibility requires applicants to be Indian nationals up to 30 years of age, and either graduates from a recognised university or final-year graduation students. Final-year students can enroll but will only receive the certificate after completing their degree.
The programme is divided into two six-month phases: an online academic training component comprising around 150 hours of learning, followed by on-the-job training with professional firms.
The registration fee for the programme is ₹3,000 plus applicable GST, which covers academic learning access, the first assessment attempt, and certification charges. Additional assessment attempts incur a fee of ₹1,000 plus GST each.
Yes, a 50% fee concession is available for women candidates, candidates from North Eastern States, Himalayan regions, and Union Territories of Andaman & Nicobar Islands and Lakshadweep.
The scheme will be implemented jointly by 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).
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