Rashtriya Udyamita Vikas Pariyojana

Rashtriya Udyamita Vikas Pariyojana

The Rashtriya Udyamita Vikas Pariyojana (National Entrepreneurship Development Project) is a focused initiative for beneficiaries of the PM SVANidhi scheme, reflecting the government's unwavering commitment to fostering a new generation of job creators across India.

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Aim
The program aims to provide individuals with holistic entrepreneurship training, transforming them into job providers rather than job seekers. It seeks to enhance the entrepreneurial ecosystem by equipping participants with the skills needed to thrive in an era of technological disruption.

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Key Features

1. Reskilling and Upskilling:
   Focuses on upgrading skills and reskilling individuals to increase their competitiveness and adaptability in a rapidly evolving business landscape.
2. Comprehensive Training Program:
   • Duration: The program spans 22 weeks, combining theoretical knowledge with hands-on learning through experiential training.
   • Modes of Delivery: The training will be offered in offline, online, and hybrid formats, catering to diverse learning needs.
   • Certification: Participants will receive certificates upon successful completion, adding credibility and value to their entrepreneurial journey.
3. Strategic Collaboration:
   The Government of India has partnered with Flipkart to enhance the entrepreneurial skills of street vendors and small shopkeepers, helping them scale their businesses effectively.
4. Pilot Initiative:
   • The pilot program will be rolled out in 10 major cities across the country.
   • Participants, including street vendors, will receive a stipend during the training period to support their learning and business expansion.

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Key Takeaways
The Rashtriya Udyamita Vikas Pariyojana is a transformative step towards creating a robust entrepreneurial ecosystem. By providing structured training, partnerships, and practical exposure, the program empowers small-scale entrepreneurs and vendors to expand their businesses and adapt to the evolving demands of the marketplace.