The Ministry of Skill Development and Entrepreneurship has launched the Rashtriya Udyamita Vikas Pariyojana (RUVP) under the Skill India Mission. This initiative aims to empower entrepreneurs across the country, with a special focus on beneficiaries of the PM SVANidhi (Prime Minister Street Vendor’s AtmaNirbhar Nidhi) scheme.
About RUVP
RUVP is a comprehensive entrepreneurship development program designed to:
- Tailored Training: Specifically for beneficiaries of the PM SVANidhi scheme, which supports street vendors in becoming self-reliant.
- Comprehensive Entrepreneurship Training: Over a period of 22 weeks, combining theoretical knowledge with practical exposure through experiential learning.
- Reskilling and Upskilling: Focuses on enhancing the skills of individuals to improve their competitiveness and adaptability in the market.
- Inclusive Participation: Aims to ensure at least 40% women participation, promoting gender equality in entrepreneurship.
- Flexible Training Modes: Conducted through offline, online, and hybrid modes to accommodate various learning preferences.
- Certification: Participants receive certificates upon successful completion of the program.
Objectives
- Empower Street Vendors: Equip them with entrepreneurial skills to expand and formalize their businesses.
- Enhance Competitiveness: Reskill and upskill individuals to adapt to changing market dynamics.
- Promote Inclusive Growth: Encourage participation from women and marginalized communities.
- Boost Economic Development: Contribute to the overall economic growth by fostering a culture of entrepreneurship.
Implementation
- Pilot Phase: Initially launched in selected districts to assess effectiveness before a wider rollout.
- Target Beneficiaries: Street vendors under the PM SVANidhi scheme, with potential expansion to other aspiring entrepreneurs.
- Partnerships: Collaborations with training institutions, industry experts, and government bodies for effective delivery.
- Monitoring & Evaluation: Regular assessments to ensure program objectives are met and to make necessary improvements.
Challenges and Way Forward
- Awareness: Spreading information about the program to reach all potential beneficiaries.
- Access: Overcoming logistical barriers in remote or underprivileged areas.
- Customization: Continuously updating the curriculum to meet evolving market needs.
- Sustainability: Ensuring long-term impact beyond the training period through support and mentorship.
Conclusion
The Rashtriya Udyamita Vikas Pariyojana represents a significant step towards empowering individuals at the grassroots level. By focusing on street vendors and promoting inclusive participation, it aims to foster a robust ecosystem of entrepreneurs contributing to India’s economic growth.
