SWAVALAMBINI SCHEME

NEWS: Ministry of Skill Development and Entrepreneurship provided Parliament with details on the pilot implementation, funding, and training outcomes of the Swavalambini programme.

ABOUT

• A pilot Women Entrepreneurship Program (WEP): Promote an entrepreneurial mindset + enterprise creation among female students in Higher Education Institutions (HEIs).
• Nodal Ministry: Ministry of Skill Development and Entrepreneurship (MSDE) in collaboration with NITI Aayog.
• Launched in –
• Implemented by – National Institute for Entrepreneurship and Small Business Development (NIESBUD), Noida
• Aims to establish over 30 women-led enterprisesà targeting regions like Assam, Meghalaya, Mizoram, Uttar Pradesh, and Telangana in its pilot phase
• Involves mentorship: A 21-week (approx. 6 months) hybrid support systemà industry leaders and successful entrepreneurs guide participants

Components

• Entrepreneurship Awareness Programme (EAP)
• Entrepreneurship Development Programme (EDP)
• Faculty Development Programme (FDP)

Significance

• Addresses socio-economic barriers faced by women in entrepreneurship.
• Promotes women-led enterprises contributing to economic growth and employment generation.
• Strengthens the entrepreneurship ecosystem within Higher Education Institutions (HEIs).
• Recognition and visibility of women entrepreneurs through institutional support.
• Promotes women’s economic self-reliance and inclusive development