Rashtriya Udyamita Vikas Pariyojana (National Entrepreneurship Development Project) is aimed to help the street vendors and small shopkeepers to become more skilled and will empower them. The target audience are the beneficiaries of PM SVANidhi Yojana. It was launched during February 2024.
The Rashtriya Udyamita Vikas Pariyojana will offer comprehensive entrepreneurship training in over a period of 22 weeks, combining theoretical knowledge with practical exposure through experiential learning. The training will be conducted through offline, online, and hybrid modes, with certificates awarded upon completion, enhancing the course's credibility and value.
In the pilot phase, the project will be implemented through 20 Centres of National Institute of Entrepreneurship and Small Business Development (NIESBUD), Noida and 10 Centres of Indian Institute of Entrepreneurship (IIE), Guwahati. NIESBUD and IIE will create a pool of trainers and mentors and invite representatives from government, PSUs, industries, banks, and successful entrepreneurs, for interaction with trainees. The Udyamita Kendra will leverage the expertise of the existing pool of resource persons from renowned institutions such as NIESBUD, IIE and other training institutions that will contribute in enhancing the wealth of knowledge and practical insights to the entrepreneurship training programs.
The project will be piloted initially in selected districts, with a focus on ensuring 40% participation by women. A robust monitoring mechanism will track progress, assess impact, and ensure adherence to quality standards. The launch of this project underscores the government's multi-faceted approach to skill development, including the modernization of Industrial Training Institutes (ITIs) and the establishment of the Skill India Digital (SID) Platform, providing flexible skilling opportunities accessible nationwide.
Last Modified : 2/22/2024
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