Ministry of Skill Development and Entrepreneurship Summary
Key Points:
- Union Minister inaugurated Rashtriya Udyamita Vikas Pariyojana under Skill India Mission.
- Initiative aimed at empowering PM SVANidhi scheme beneficiaries with entrepreneurship training.
- Program launched in multiple cities virtually, emphasizing a nationwide initiative.
- Training includes theoretical knowledge, practical exposure, and certification over 22 weeks.
- Collaboration with Flipkart for skilling street vendors and small shopkeepers.
Important Dates and Figures:
- Date: 21st February 2024
- Initiative Duration: 22 weeks
- Beneficiary Participation: 40% women
- Number of Individuals Trained: Over 17 lakh
Potential Exam Questions:
- What is the Rashtriya Udyamita Vikas Pariyojana and who does it target?
- How long is the comprehensive entrepreneurship training program and what are its key components?
- Explain the collaboration with Flipkart for skilling street vendors and small shopkeepers.
Strategies and Methodologies:
The Rashtriya Udyamita Vikas Pariyojana focuses on a mix of offline, online, and hybrid training modes to ensure flexibility and reach. By partnering with established institutions like NIESBUD and IIE, the program leverages existing resources to enhance entrepreneurship training, promoting practical insights and networking opportunities in the business sphere.
"Today, lakhs of such small shopkeepers and traders are becoming self-reliant with the easy loans of Pradhan Mantri SVANidhi Yojana."
Exam Preparation Summary:
The Ministry's initiative underscores a concerted effort towards equipping individuals with entrepreneurial skills, emphasizing reskilling and upskilling in alignment with current market demands. The collaboration with industry stakeholders and the focus on women's participation highlights a comprehensive approach to skill development essential for aspirants preparing for competitive exams.