Swavalambini Programme

10.02.2025

Swavalambini Programme

Why in the news?      

            Recently, the union Ministry of Skill Development and Entrepreneurship launched the Swavalambini programme.

About Swavalambini Programme:

• It was launched by the Ministry of Skill Development and Entrepreneurship (MSDE) through Indian Institute of Entrepreneurship (IIE), in collaboration with NITI Aayog in Assam, Meghalaya and Mizoram.
• This initiative is aimed at empowering female students in select Higher Education Institutions (HEIs) in the northeast by equipping them with the essential entrepreneurial mind-set, resources, and mentorship they need to succeed in their entrepreneurial journey.
• Those who successfully build their ventures will be recognized and awarded, ensuring that their success stories inspire others. This initiative will define a clear process for how we nurture and scale women-led enterprises in India.
• The initiative aims to provide structured training through the Entrepreneurship Awareness Programme (EAP) which introduces 600 female students to entrepreneurship as a viable career option.
• For 300 selected students, the Women Entrepreneurship Development Programme (EDP) offers an intensive 40-hour training covering crucial business aspects such as training and skilling, access to finance, market linkages, compliance and legal support, business services, and networking opportunities.
• This will be followed by six months of mentorship and handholding support to help participants translate their ideas into sustainable prospects.

                                                              Source: PIB

Swavalambini programme, recently in news, is an initiative of:

A.Ministry of Education

B.Khadi and Village Industries Commission

C.World Bank

D.Ministry of Skill Development and Entrepreneurship

Answer D