SVEP Impels Enterprises In Rural Areas And Builds Rural Entrepreneurs
Start-up Village Entrepreneurship Programme (SVEP), the sub-scheme under the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) has the objective of helping rural households including women to set-up enterprises. The scheme was approved during 2015-16 and the enterprise formation started in 2017-18.
As of August 2020, SVEP business support services and capital infusion to 153 blocks of 23 States and around 1 lakh enterprises are being supported out of which 75% are owned and managed by women.
Highlight Of Start-Up Village Entrepreneurship Programme:
- The objective of the Start-Up Village Entrepreneurship Programme is to support the rural poor to come out of poverty, supporting them set up enterprises and provide support till the enterprises stabilize.
- The main focus of Start-Up Village Entrepreneurship Programme is providing self-employment opportunities with financial assistance and training in business management and soft skills while creating local community cadres for promotion of enterprises. It addresses three major pillars of rural start-ups namely – finances, incubation and skill ecosystems.
- Skill-building support is provided to all the entrepreneurs supported under the Start-up Village Entrepreneurship Programme through Community Resource Persons for Enterprise Promotion (CRP-EP).
- SVEP process mandates the preparation of a Detailed Project Report (DPR) for each block. The DPR provides estimates of the potential of enterprises in various sectors in the block. The entrepreneurs have the freedom to identify the sectors in which they want to start businesses based on the assessment of market potential.
Major ten types of enterprises formed under the Start-up Village Entrepreneurship Programme:
Handicraft, Bricks and tiles making, Mat making, Agarbatti making, Rice mill, Local food products, Bamboo Products Making, Paper Plates and other products, Bakery and Bag Making.
Major ten types of enterprises formed in the Trading sector under the Start-up Village Entrepreneurship Programme:
Kirana/ grocery, Readymade/cloth shop, Vegetable trading, Chicken shop, Fish trading, Bangle trading, Gift shop, Shoe trading, Egg trading and Mobile shop.
Major ten types of enterprises formed in the Services sector under the Start-up Village Entrepreneurship Programme:
Tailoring, Hotel (restaurant), Flour mill, Construction, Beauty parlour/salons, Cycle repair shop, Interne; Xerox/Printer, Two-wheeler repair, Tent house and electronic repair.
Source: Ministry Of Rural Development