CB BureauA Start-up Village Entrepreneurship Programme (SVEP), which is a sub-scheme of the ministry of rural development’s National Rural Livelihoods Mission (NRLM), aims to create around 36,000 rural enterprises by 31 March 2021. This programme was started in 2015″16 by the Entrepreneurship Development Institute of India (EDII), a national resource institute for entrepreneurship education, research, training and institution building.
The institute has created over 7,600 rural enterprises under SVEP in the last two years across 42 blocks in Gujarat, Madhya Pradesh, Haryana, Jammu & Kashmir, West Bengal, Odisha, Jharkhand, Chhattisgarh, Telangana, Punjab and Uttar Pradesh. It has so far assisted in getting credit linkages to the amount of Rs 21.2 crore for funds to these rural enterprises. The programme claims to have boosted rural livelihood and employment.
SVEP was mooted in 2014″15 by the finance minister to provide credit linkages to rural enterprises and generate rural livelihood. For 2018″19, the government’s target is to create 25,000 rural enterprises and provide skilling to 4 lakh trainees as per budget documents.
CB’s questions on impact assessment as well as the partnership and funding model are yet to be answered by EDII.
Explaining the scale of the project in a press release, Dr Sunil Shukla, director, EDII, said, ‘In its first phase of validating the concept, SVEP is expected to support creation and strengthening of about 1.82 lakh village enterprises in 125 blocks across 24 states in the targeted five years, that is from 2015″16 to 2020″21. This is expected to create employment for about 3.78 lakh persons. EDII’s aim is to create around 36,000 rural enterprises in first phase of 5 years.’