- GS 2: Development processes and the development industry— role of SHGs.
- Ministry of Rural Development has provided Community Enterprise Fund (CEF) loan worth Rs. 8.60 Cr to 2614 SHG entrepreneurs for starting their micro-enterprises in their villages across 19 States under the Start-up Village Entrepreneurship Programme.
- Various activities were organized under Start-up Village Entrepreneurship Programme (SVEP) in the week of 6th to 12th September, 2021.
- These events focused towards creating awareness about the SVEP scheme and how it supports SHG members who want to start the micro-businesses in rural areas.
- States which participated in this initiative are – Andhra Pradesh, Assam, Bihar, Chhattisgarh, Gujarat, Haryana, Jharkhand, Kerala, Madhya Pradesh, Manipur, Meghalaya, Mizoram, Odisha, Punjab, Rajasthan, Telangana, Uttar Pradesh, Uttarakhand and West Bengal.
- The Start-up Village Entrepreneurship Programme (SVEP) is a sub – scheme under NRLM (National Rural Livelihood Mission) to promote enterprises in rural areas.
- SVEP aims to set-up an eco-system for enterprise development in a block. This consists of a cadre of Community Resource Persons-Enterprise Promotion (CRP-EP) who will provide business support services to entrepreneurs.
- The scheme encompasses identifying business ideas, preparation of business plans, accessing loans and other supports like marketing, maintaining accounts & taking business decisions.
- Further, the eco-system also includes training and capacity building of entrepreneurs, seed capital for starting enterprises, marketing support for products and services etc.
- Besides, the Block Resource Centre (BRC), the single point solution for enterprise promotion is also developed as part of the eco-system.