START-UP VILLAGE ENTREPRENEURSHIP PROGRAMME (SVEP)

About:

• Parent scheme: SVEP is a sub-scheme under the Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM).
  
  
• Objective: To help rural households including women to set-up enterprises.
  
  
• Features:
  • Skill building support is provided to all the entrepreneurs supported under SVEP through Community Resource Persons for Enterprise Promotion (CRP-EP).
    
    
  • The entrepreneurs have the freedom to identify the sectors in which they want to start businesses based on assessment of market potential.
    
    
  
  
  
• Background:
  • The scheme was approved during 2015-16 and the enterprise formation started in 2017-18.
    
    
  • As on 30th November 2018, a total of 30,352 enterprises were formed across 20 States where the scheme is operational.