Aspirational Districts Current Affairs

Udyam Abhilasha: SIDBI launches national level entrepreneurship awareness campaign

Small Industries Development Bank of India (SIDBI) has launched Udyam Abhilasha (उद्यम अभिलाषा), a national level entrepreneurship awareness campaign. It was launched in 115 Aspirational Districts identified by NITI Aayog in 28 States.

Udyam Abhilasha

The campaign will run from 3 October to 8 October, 2018 across India and reach out to around 15,000 youth. It will create and strengthen cadre of more than 800 trainers to provide entrepreneurship training to aspiring youths across these districts to enter admired segment of entrepreneurs.

For implementing this campaign, SIDBI has partnered with CSC e-Governance Services India Limited, a Special Purpose Vehicle, (CSC SPV) under Ministry of Electronics & IT through their CSCs. It will also tie-up with Banks, NABARD, NBFCs, SFBs, District Industries Centres, State Government etc.

CSC Village Level entrepreneurs (VLEs) will play role of catalyst under this campaign for these aspiring entrepreneurs. VLEs will provide training, support aspirants to establish new units, assisting them in availing loans and make them aware about various Government initiatives like Pradhan Mantri Mudra Yojana, SUI etc. and educate them in business literacy.

Objectives of Udyam Abhilasha

  • Inspire rural youth in aspirational districts to be entrepreneurs by assisting them to set up their own enterprise.
  • Impart trainings through digital medium across the country,
  • Create business opportunities for CSC-VLEs.
  • Focus on women aspirants in aspirational districts to encourage women entrepreneurship.
  • Assist participants to become bankable and avail credit facility from banks to set up their own enterprise.

Small Industries Development Bank of India (SIDBI)

SIDBI is principal development financial institution for promotion, financing and development of Micro, Small and Medium Enterprises (MSME) sector in India. It was established on April 2, 1990 through an Act of Parliament (thus, it is statutory body). It is headquartered in Lucknow, Uttar Pradesh. It facilitates and strengthens credit flow to MSMEs and address both financial and developmental gaps in MSME eco-system across the country.

Month: Categories: India Current Affairs 2018

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NITI Aayog signs SoI with Lupin Foundation for Collaborating in Aspirational Districts

NITI Aayog has signed Statement of Intent (SoI) with Lupin Foundation to collaborate in Aspirational Districts Programme to create templates for concerted development policy. Under this collaboration, both parties will partner to improve indicators in education, health and nutrition, financial inclusion and skill development, agriculture and water resources and basic infrastructure in Aspirational Districts.

Terms of SoI

Lupin Foundation with NITI Aayog will work in three states (Madhya Pradesh, Maharashtra and Rajasthan) to facilitate creation of deal template to develop economic strength, technological viability and moral leadership across three districts in these states as part of Phase I of the cooperation.

Phase I of this cooperation will focus on districts of Dholpur (Rajasthan), Nandurbar (Maharashtra) and Vidisha (Madhya Pradesh). It will help to develop comprehensive district-level action plan with integrates various initiatives and interventions.

Lupin Foundation will work towards three main pillars of ensuring integrated developmental policy in model states. They are social development (initiatives for health, education and women empowerment), economic empowerment (focus on interventions in spheres of agriculture, animal husbandry and skill enhancement) and infrastructure development (establish durable infra in form of internal roads, school buildings and water resources).

Aspirational District Programme

The programme was launched in January 2018 aims to quickly and effectively transform some of most underdeveloped districts of the country. It envisages rapid development of selected districts on basis of composite index based on five parameters health and nutrition, education, financial inclusion, skill development, agriculture and water resources and basic infrastructure.

It focuses closely on improving people’s ability to participate fully in burgeoning economy. It seeks to bring these indicators in selected districts at par with the better performing districts in the country. Broad contours of the programme are Convergence of Central and State Schemes; Collaboration of Central, State level ‘Prabhari’ Officers and District Collectors and Competition among districts driven by Mass Movement or Jan Andolan.

Month: Categories: India Current Affairs 2018

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