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In Summary

  • Campaign trains 50,000 CRPS and 50 lakh SHG members under DAY-NRLM for enterprise promotion.
  • Rural entrepreneurship empowers women, diversifies income, alleviates poverty, and builds community resilience.
  • Govt. promotes rural entrepreneurship via schemes like Mudra, Udyogini, ASPIRE, and Lakhpati Didi initiative.

In Summary

The Campaign aims to train 50,000 Community Resource Persons on enterprise promotion and 50 Lakh SHG Members under Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM).

Importance of Rural Entrepreneurship

  • Women Empowerment: Closing the gender gap in entrepreneurship could potentially boost the global GDP by USD 1.5 trillion.
  • Income Diversification: Women are moving beyond traditional farm labor into non-farm activities that now generate two-thirds of rural income.
  • Poverty alleviation and Social mobility: 65% of rural SHG members have moved upwards in terms of relative income in between FY19 and FY24 (SBI report).
  • Community Resilience: By fostering local employment, women-led enterprises help reduce rural-urban migration and unplanned urbanization.

Government Steps to Promote Rural Entrepreneurship

  • Financial Assistance:Pradhan Mantri Mudra Yojana provide collateral-free loans.
  • Targeted Schemes: The Udyogini Scheme and Mahila Coir Yojana provide financial aid, training, and subsidized equipment, specifically for women.
  • Micro Entrepreneurship Development Programmes (MEDPs), Livelihood & Enterprise Development Programme (LEDPs) of NABARD.
  • Incubation and Training: The ASPIRE scheme by Ministry of MSME, to foster entrepreneurship and innovation in rural areas, has trained over 1.16 lakh beneficiaries.
  • Lakhpati Didi Initiative: Under DAY-NRLM, the government aims to enable 3 crore SHG members to earn at least ₹1 lakh annually through enterprise promotion.

About DAY-NRLM

  • Ministry: Ministry of Rural Development (MoRD)
  • Launched: NRLM is a restructured version of restructuring Swarnajayanti Gram Swarojgar Yojana (SGSY). NRLM was renamed as DAY-NRLM in 2016.
  • Aim: Poverty alleviation & Rural livelihoods mission
  • Coverage:
    • Target: 7 crore rural poor households.
    • Beneficiaries: Women-centric Self Help Groups (SHGs) and federated institutions.
  • Key Objective: Facilitation of access to rights, entitlements, public services, finance, and skill development.
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RELATED TERMS

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Community Resilience

The capacity of a community to withstand, adapt to, and recover from adversities and shocks. In this context, it refers to how women-led enterprises contribute to local economies, reduce rural-urban migration, and promote sustainable development.

Lakhpati Didi Initiative

An initiative under DAY-NRLM that aims to empower women by enabling them to earn at least ₹1 lakh annually through enterprise promotion. It is a part of the larger goal of enhancing rural livelihoods and financial independence of women.

ASPIRE scheme

An initiative by the Ministry of Micro, Small and Medium Enterprises (MSME) to foster entrepreneurship and innovation in rural and urban areas. It focuses on incubation and training programs to support new ventures.

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