SAMBHAV National Level Awareness Programme 2021
Source : PIB
GS III : Economy; Prelims;
What is discussed under SAMBHAV National Level Awareness Programme 2021 ?
- Key Facts
- Need for SAMBHAV initiative
- Important Govt Schemes For Entrepreneurship
Why in News ?
Launching “SAMBHAV”, a National Level Awareness Programme-2021 being organised by Ministry of Micro, Small & Medium Enterprises, Government of India, in New Delhi .
- Union Minister of MSME called for engagement of the youth in promoting entrepreneurship leading to the economic development of the country.
Key Facts
- The emphasis that new products and services created by budding entrepreneurs can give a cascading effect, for stimulating related businesses or sectors.
Source : PIB - The mass outreach program will be a one-month long initiative.
- It will be under the Ministry of MSME in which students from different colleges/ITIs from all parts of the country will be encouraged by 130 field offices of the Ministry to take up entrepreneurship.
- During the campaign the college students will be made aware of the various schemes being implemented by the Ministry of MSME through Audio/Video film presentations.
- Awareness programs will be conducted in more than 1,300 colleges across the country in which 1,50,000 students are expected to participate.
- Need for the initiative
- Enhancing the GDP contribution from present 30 per cent to 50 per cent, and employment generation
- Current MSME sector to be increase from 11 crore to 15 crore.
- India will be the top economy of the world in future with such initiatives by generating employment.
Important Govt Schemes For Entrepreneurship
- Atal Incubation Centre (AIC)
- Started by the NITI Aayog in 2016,
- AIC is an innovative funding scheme to promote entrepreneurs by covering their capital operational costs.
- The selected startups will be granted funding up to Rs 10 crore over a period of five years.
- New GEN IEDC
- In 2017, the Department of Science & Technology (DST) introduced the New Generation Innovation And Entrepreneurship Development Centre (NewGen IEDC) programme.
- The programme is implemented by the Entrepreneurship Development Institute of India (EDII), Ahmedabad.
- Swarojgar Credit Card
- Small artisans including micro-entrepreneurs, Mall artisans, Handloom weavers, Service sector, Fishermen, self-employed persons, rickshaw owners, other micro-enterprises are eligible for the Swarojgar Credit Card.
- Women Entrepreneurship Platform (WEP)
- NITI Aayog, the WEP is for budding and existing women entrepreneurs across India.
- Divided into three parts.
- Iccha Shakti: motivating women entrepreneurs to start their business
- Gyaan Shakti: Provides knowledge and ecosystem
- Karma Shakti: Provides hands-on support to entrepreneurs to set up or scale business
- Venture Capital Scheme for Agri-Business Development
- To promote agricultural development in the country by providing a market to producers and assisting farmers and agriculture graduates to enhance their participation.
- The cost of the proposed agribusiness project has to be above Rs. 50 lakhs.
- Individuals, farmers, producer groups, partnership/ Proprietary firms, self-help group, Agripreneurs are eligible for the scheme.
- Pradhan Mantri Mudra Yojana
- To support the micro-enterprise sector MUDRA scheme provides loans up to ten lakhs without collaterals.
- Enterprises wanting to expand in fields of technology up-gradation or other projects can also take advantage of this scheme.
- The scheme is divided into three sections
- Shishu : covering loans upto Rs 50,000/-
- Kishor : covering loans above Rs 50,000/- and upto Rs 5 lakh
- Tarun : covering loans above Rs 5 lakh and upto Rs 10 lakh
Daily Current Affairs : Click Here