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Millennium Post

Rural youth: Govt moves to encourage entrepreneurship

After successful launch of ‘Make in India’ campaign to a give a fillip to dying domestic manufacturing industry, the NDA government under the leadership of Prime Minister Narendra Modi is all set to launch Startup Village Entrepreneurship Programme by March this year.

The scheme, which is a flagship programme promoted by PM Modi, aims to hone up entrepreneurship skills among rural youths by providing financial assistance as well as training assistance from the Centre.

Talking to Millennium Post, Rural Development Secretary LC Goyal informed that the structure of PM’s pet project has almost been finalised after consulting different stakeholders. “The final blue print of the scheme would be sent to the PM for his approval by the end of this month. After getting sanctioned from PM Modi, the project would be rolled out across the country within two months.”

Giving details about the proposed scheme, Goyal said, “The scheme would help in providing employment to at least 2 lakh rural youth, which will lessen their dependency on rural job scheme. The Rural Development Ministry has planned a corpus fund of Rs 400 crore for the better implementation of village entrepreneurship programme.”

On the question of how it will function, the Rural Development Secretary said, “Suitable villages would be identified at every panchayat level and after that youths with entrepreneurship potential would be selected. The selected youths would be trained to hone up skills.”

The financial assistance would be provided for opening of kirana stores, flour mills, toy manufacturing units, etc. There are no details about how many numbers of villages would be selected for first phase of this flagship programme, which will first start for the five years, Goyal said, on the sidelines of a press meet organised to spell out the achievements of Rural ministry in the seven months.

“Though, it will too early to speculate about the success of village entrepreneurship programme, but one thing is clear that it will add only confusion among rural youths. In the country where there are about 14 lakh villages, such populist schemes would hardly make any impact,” said Madhuresh, a land reform activist.

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