Swavalambini Scheme:
The Minister of State (Independent Charge), Ministry of Skill Development and Entrepreneurship informed the Lok Sabha about the Swavalambini Scheme.
- It is a woman Entrepreneurship Programme which empowers young women with the skills and confidence needed to establish their own businesses.
- It introduces a structured, multi-stage training approach to help young women transition from ideation to successful enterprise creation.
- It aims to cultivate an entrepreneurial mindset among female students, equipping them with awareness of available support mechanisms, schemes, resources and networks essential for pursuing entrepreneurship as a career.
- It is implemented through National Institute for Entrepreneurship and Small Business Development (NIESBUD), Noida and Indian Institute of Entrepreneurship (IIE), Guwahati.
- Target group: 1200 female students from Higher Educational Institutes (HEIs) and Universities
- Entrepreneurship Awareness Programme (EAP): The female students undergo introductory programme on entrepreneurial awareness through entrepreneurial awareness programme.
- Entrepreneurship Development Programme (EDP): It covers business aspects like skilling, finance, market linkages, compliance, and networking
- This is followed by mentorship and handholding support to help participants translate their ideas into sustainable enterprises.
- Support: MSDE will oversee the execution, supervision, and monitoring of the programme.
- NITI Aayog will provide mentoring support, facilitate seed funding, and recognize successful entrepreneurs through the Award To Reward (ATR) initiative.
