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About Colombo Plan: |
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The Colombo Plan exemplifies the concept of a joint inter-governmental effort towards economic and social development in Asia-Pacific region. The primary objective of Colombo Plan is human resource development by providing a common platform for facilitating experience sharing amongst member countries. A very significant aspect of the plan is to provide assistance to the least developed countries. |
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| B. |
Technical Cooperation Scheme: |
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Council for Technical Cooperation in South and South East Asia was established for facilitating technical aid to the countries of the region from sources such as the United States and United Nations Agency. The Government of India, United Kingdom, Australia, Canada, New Zealand and Pakistan decided to organise a scheme to provide technical assistance to countries in South and South East Asia on a cooperation basis commencing from 1950. This agreement subsequently became a major South-South initiative in 1960's. In keeping with the objective of Colombo Plan the Government of India started the Technical Cooperation Scheme (TCS), which is looked after by the Ministry of External Affairs, Government of India.
Through this Scheme, Department of External Affairs, Ministry of Finance, Government of India provides comprehensive and integrated training to participants from member countries of Colombo Plan with the purpose of assisting them to enhance their administrative and technical capabilities by strengthening their human resource development.
A significant contribution of this scheme is to provide assistance to the member countries of the Colombo Plan. Under the scheme, visits made by the participants from these countries are fully funded by the Government of India. Every year, around 400 personnel receive training under this scheme.
The member countries are:
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| Afghanistan |
Iran |
Malaysia |
Papua New Guinea |
| Bangladesh |
Indonesia |
Sri Lanka |
Bhutan |
| Nepal |
Maldives |
South Korea |
Fiji |
| Myanmar |
Philippiness |
Thailand |
Laos |
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| C. |
Who Should Attend : |
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These training programmes will be immensely useful to middle and senior level officers working in:
- Banks & financial institutions
- Government departments
- Regulators & policy makers
- Stock exchanges
- Corporate treasuries
- Mutual funds
- Other market intermediaries & service providers
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| Note: Candidates should have: |
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| a. |
At least 5 years' experience in the area of financial markets and related functions post qualifications. |
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| b. |
Proficiency in English (both written and spoken) |
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| D. |
Pedagogy : |
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The methodology would include presentations, panel discussions, workshops, case studies and field visits/study tours.
- Interface with market practitioners
- Case studies
- Quizzes
- Group discussion
- Workshop
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| E. |
Nomination and Selection : |
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The Government of India (Ministry of External Affairs, Government of India) under its Technical Cooperation Scheme of the Colombo Plan seeks nominations from suitably qualified candidates:
Candidates wishing to apply for the programmes are required to contact the Indian Embassy/High Commission in the applicant's country. The nomination form is also available with the Indian Embassy/High Commission. The completed nominations are to be submitted in the prescribed format duly filled in duplicate at least two months before commencement of the programme to the Indian Embassy/High Commission, after completing the necessary formalities from respective government/department of the applicant's country.
The Indian Embassy/High Commission after scrutinising the applications depending on availability of slots allotted to each country forwards these nominations to the Ministry of External Affairs, Government of India.
Ministry of External Affairs, Ministry of finance Government of India processes these nominations with the Indian Institute of Capital Markets. The Institute, after determining the suitability of the candidates, invites them through the Indian missions/embassies under intimation to the Ministry of External Affairs.
Due to the heavy demand and limited number of slots available for each country, it will be in the interest of the applicants if applications, after completing all the formalities, are forwarded to the Embassy, two months prior to the commencement of the training programme.
Each nominating authority is requested to nominate up to four candidates for consideration of selection. Please ensure that candidates nominated meet with the qualifications, requirements as specified above and have a valid passport.
Please note that the completed forms are to be forwarded through the Indian embassy/high commission of the applicant's country only. Direct application will not be considered for participation.
The basic criteria for selection would be the level and work experience of candidates in order that a cohesive and homogeneous group could be gathered for the programme. Sometimes candidates are not selected because they may be over-qualified.
Member countries are kindly requested to inform as soon as possible if they do not wish to participate in the workshop, so that vacancies thus created could be allocated to other interested countries.
Candidates who are selected would be informed of their acceptance at least two weeks prior to the commencement of the programme.
The air passage is arranged by the Indian missions / embassies in participating countries.
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Preparatory Work by Participants : |
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Selected participants are required to write a case study which will elaborate the current status of the financial markets in terms of financial services rendered, instruments traded and operational details thereto, etc. in their respective countries. |
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| G. |
Financial Arrangements: |
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Under Government of India sponsorship (TCS):
All the expenses that would be incurred during the training programme including tuition fee will be borne by the Government of India.
Participants would be offered:
- Roundtrip economy class international travel fare from the last port of embarkation in the respective home countries to Mumbai and back will be provided by the Indian mission/embassy.
- Free accommodation
- Living allowance (as per the notification issued by Government of India available with Indian mission/embassy in your country).
Participants are required to bear all expenses that has to be incurred in the home country relating to or connected with their participation at the programme.
Self Financing Scheme:
All the expenses to be borne by candidate/ sponsoring organisation.
- Tuition fees: 2,000 US$ for Two weeks (inclusive of lodging & boarding, study material & airport pick-up).
- Three or more nominations from one organization would be eligible for 10% discount.
- To & fro travel expenses and other incidentals are to be borne by the candidate/sponsoring
organisation.
For the purpose of direct registration candidates/sponsoring organisations may contact the Institute.
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| H. |
Number of Participants : |
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Up to 25 candidates per programme. |
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| I. |
Closing Date for nominations : |
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Twenty days before the commencement of each programme. |
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Implementing Agency : |
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Indian Institute of Capital Markets
(formerly UTI Institute of Capital Markets)
2nd Floor, Hindavi Bhavan, Plot 13, Sector-01,
Vashi, Navi Mumbai – 400 703. INDIA.
Tel. No.: 0091-22-27820153 / 14 / 15
Fax No. : 0091-22-27820153 / 54
Email: tcs@utiicm.com, info@utiicm.com
Website: www.utiicm.com |
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Contact Person: |
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Ms. Komal Mayekar / Ms.Latha Borah
Tel: 0091 22 27820153 / 15
Email: tcs@utiicm.com, info@utiicm.com
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