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(THE GIST OF PIB) Rashtriya Udyamita Vikas Pariyojana

(FEBRUARY-2024)

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

It is tailored specifically for beneficiaries of the PM SVANidhi scheme, this unique National Entrepreneurship Development Project underscores the government’s steadfast commitment to nurturing job providers across the nation.
Aim: It aims to equip individuals with comprehensive entrepreneurship training, creating job providers rather than job seekers.
This initiative focuses on reskilling and upskilling employees to enhance their competitiveness and adaptability in an era of disruptive technology.
It will offer comprehensive entrepreneurship training 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.
The Government of India has partnered with Flipkart to skill street vendors and small shopkeepers.
Under the pilot program, street vendors in 10 big cities of the country will be given a stipend along with training to expand their businesses.