What is Grameen Udyami Scheme?

About Grameen Udyami Scheme:

• It was launched to augment skill training in tribal communities for inclusive and sustainable growth.
• It is funded by the National Skill Development Corporation.
• The project is being implemented in Maharashtra, Rajasthan, Chhattisgarh, Madhya Pradesh, Jharkhand, and Gujarat.
• It is implemented under the Sansadiya Sankul Pariyojana to expand the rural/local economy, enhance employment opportunities, reduce forced migration and also lead to the conservation of natural resources.

Key facts about the National Skill Development Corporation:

• The National Skill Development Corporation (NSDC) is a non-profit public limited company established on July 31, 2008, under Section 25 of the Companies Act, 1956.
• The Ministry of Finance established it as a Public Private Partnership (PPP) model.
• The Government of India, through the Ministry of Skill Development and Entrepreneurship (MSDE), owns 49% of NSDC, while the private sector owns the remaining 51%.
• The organisation provides funding to develop scalable and successful initiatives for vocational training.