The Startup India scheme by the Government is getting a rural avatar too. It is the soon-to-be launched Deen Dayal Upadhyay Swaniyojan Yojna. Here is what you should know about it.
A senior Government official said, “The scheme will provide the basic skill sets required for self employment in various fields and thereafter we would provide credit linkages, incubation centres wherever needed. The rural unemployed need not leave their land in search of wage employment if they have entrepreneurial opportunities.”
The MUDRA (Micro Units Development and Refinance Agency) bank supervises the funding for small and micro enterprises. The existing National Rural Livelihood Mission of the ministry of rural development will be funding the Swaniyojan Yojna.
Horticulture, driving, agriculture, grafting, plumbing, dairy farming are some of the many other skill sets that will be provided. Many other departments such as food processing, textiles and animal husbandry are being approached by the Government for helping the rural people collaborate and setup businesses across several sectors. Many activities’ training will be provided as a part of the programme.
Thus, this rural India version of the Government’s Startup India initiative looks quite promising. Let’s hope it leads to rural development in a fruitful way.