Source: PIB
Context: Swavalambini, a Women Entrepreneurship Programme, was launched at Chaudhary Charan Singh University, Meerut, to empower female entrepreneurs across India.
About Swavalambini:
- What is Swavalambini?
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- A structured entrepreneurship initiative for young women in Higher Education Institutions (HEIs).
- Provides skill development, mentorship, funding support, and incubation opportunities.
- Implemented by: National Institute for Entrepreneurship and Small Business Development (NIESBUD) and NITI Aayog.
- Ministry: Ministry of Skill Development and Entrepreneurship (MSDE).
- Aim of the Initiative:
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- Enhance women’s participation in entrepreneurship through structured training and mentorship.
- Promote self-employment and economic independence among young women.
- Encourage at least 10% of trained participants to establish successful enterprises.
- Key Features of Swavalambini:
- Multi-Stage Training Approach:
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- Entrepreneurship Awareness Programme (EAP): 2-day workshop for 600 students on business fundamentals.
- Entrepreneurship Development Programme (EDP): 40-hour advanced training for 300 students covering finance, market linkages, compliance, and legal aspects.
- Six-Month Mentorship Support: Helps participants transition from ideation to enterprise creation.
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- Faculty Development Programme (FDP):
- Trains educators to mentor and guide women entrepreneurs within HEIs.
- Recognition & Rewards:
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- Award to Rewards Initiative: Recognizes top-performing women entrepreneurs.
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- Nationwide Implementation:
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- Initially launched in Eastern HEIs (IIT Bhubaneswar, NEHU Shillong, Gauhati University, etc.).
- Now expanded to BHU, University of Hyderabad, Maulana Azad National Urdu University, and more.
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