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Rashtriya Udyamita Vikas Pariyojana

Context:

Recently, the union Minister of Education and Skill Development & Entrepreneurship inaugurated the Rashtriya Udyamita Vikas Pariyojana, in Sambalpur, Odisha.

Relevance:

GS II: Government Policies and Interventions

Rashtriya Udyamita Vikas Pariyojana: Nurturing Entrepreneurs for Growth

  • Tailored for PM SVANidhi scheme beneficiaries, this project focuses on fostering entrepreneurs nationwide.

Objective:

  • Aims to shift individuals from job seekers to job providers by offering comprehensive entrepreneurship training.

Training Approach:

  • Reskilling and upskilling over 22 weeks to enhance competitiveness in the face of technological disruptions.
  • Blends theoretical knowledge with practical exposure through experiential learning.

Modes of Training:

  • Conducted through offline, online, and hybrid modes.
  • Certification awarded upon completion, adding credibility and value to the training.

Partnership with Flipkart:

  • Collaboration with Flipkart for skilling street vendors and small shopkeepers.
  • Pilot program offers stipends and training to street vendors in ten major cities, fostering business expansion.

Government’s Commitment:

  • Reflects the government’s dedication to nurturing entrepreneurs and creating a pool of job providers nationwide.

July 2024
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