About the UNDP and DAY-NULM Partnership:
- Aim: To empower women to make well-informed career choices in the field of entrepreneurship.
- It will provide support for women looking to start and expand their enterprises such as the care economy, digital economy, electric mobility, waste management, food packaging and more.
- Focused on fostering entrepreneurship development and accelerating enterprise growth.
- Time-Period: It is a three-year project, extendable beyond 2025 which will cover eight cities in the initial phase.
- UNDP will offer national-level capacity-building support to DAY-NULM.
- This support will focus on knowledge generation and management, such as compiling compendiums of best practices related to urban poverty, to enhance the implementation of national-level schemes.
- UNDP will also contribute to the initiative by developing community business mentors called Biz-Sakhis in selected project locations.
- These mentors, who possess valuable business knowledge, can support new and existing enterprises, and serve as a resource for DAY-NULM at a later stage.
Key facts about the DAY-NULM
- It is a flagship mission under the Union Ministry of Housing and Urban Affairs.
- It has the aim to uplift the urban poor by enhancing sustainable livelihood opportunities through skill development.
- Funding: It will be shared between the Centre and the States in the ratio of 75:25. For North Eastern and Special Categories – the ratio will be 90:10.