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Daily News Analysis » February 2024 » Rashtriya Udyamita Vikas Pariyojana : 26 Feb, 2024

Rashtriya Udyamita Vikas Pariyojana : 26 Feb, 2024

Rashtriya Udyamita Vikas Pariyojana was launched in Sambalpur, Odisha.

Table of Content

About the scheme:

Ministry	Ministry of Skill Development and Entrepreneurship.
Beneficiaries	It is designed for PM SVANidhi scheme beneficiaries.
Objective	Providing individuals with entrepreneurship training, creating job providers. Reskilling and upskilling of employees to boost their efficiency.
Mode of training	There will be three methods of delivery for the training: online, offline, and hybrid.
Collaborators	The Indian government has partnered with Flipkart to provide training to street vendors and small shopkeepers.

About PM SVANidhi Scheme:

2020: Year of launch.
Ministry: Ministry of Housing and Urban Affairs.

A central sector scheme ( Implemented by a central agency and 100% funded by the center on subjects within the union list.).
Micro credit scheme for urban street vendors that have been adversely affected due to Covid-19 lockdown.
Provide collateral-free working capital loans up to ₹50,000.

Why in news?

Rashtriya Udyamita Vikas Pariyojana was launched in Sambalpur, Odisha.