SwavalambiniProgramme

- 11 Feb 2025
In News:
The SwavalambiniProgramme, launched by the Ministry of Skill Development and Entrepreneurship (MSDE) in collaboration with NITI Aayog, is a pioneering initiative aimed at empowering women in the Northeast.
This programme targets female students in select Higher Education Institutions (HEIs) in Assam, Meghalaya, and Mizoram, providing them with an entrepreneurial mindset, essential resources, and ongoing mentorship to ensure their success in entrepreneurial ventures.
Programme Structure and Implementation
The programme follows a structured, stage-wise entrepreneurial process to guide participants through the various phases of business creation, from awareness to development, mentorship, and funding. It includes the following key components:
- Entrepreneurship Awareness Programme (EAP): Introduces 600 female students to entrepreneurship as a viable career option. The programme involves a 2-day session covering foundational entrepreneurial concepts and opportunities.
- Women Entrepreneurship Development Programme (EDP): This intensive 40-hour training is offered to 300 selected students, covering crucial aspects of business, including:
- Business training and skilling
- Access to finance and market linkages
- Compliance and legal support
- Networking opportunities
- Mentorship: After completing the training, participants receive six months of mentorship to help them translate their ideas into sustainable business ventures.
- Faculty Development Programme (FDP): A 5-day FDP will upskill faculty members in HEIs, enabling them to effectively mentor students in entrepreneurship. The training focuses on industry insights, business incubation strategies, and coaching techniques.
- Award to Rewards Initiative: Successful ventures will be recognized and awarded, inspiring others and fostering a culture of women-led enterprises.
Expected Outcomes and Impact
- The SwavalambiniProgramme aims to promote entrepreneurship among women, with an expectation that 10% of EDP trainees will successfully launch their businesses.
- It strives to establish a clear framework for nurturing and scaling women-led enterprises in India.
- The initiative contributes to economic transformation by making entrepreneurship a viable career path for women, particularly in the Northeast, a region brimming with untapped entrepreneurial potential.
Alignment with National Policies
The SwavalambiniProgramme aligns with several national initiatives and policies aimed at promoting women entrepreneurship:
- National Education Policy (NEP) 2020: The programme complements the NEP’s vision by integrating skill development, industry collaboration, and entrepreneurship-driven education within HEIs.
- Women Entrepreneurship Schemes: It strengthens existing initiatives like Start-Up India, Stand-Up India, PM Mudra Yojana, and the Women Entrepreneurship Platform, providing financial and mentorship support to emerging women entrepreneurs.
- Union Budget 2025: The ?10,000 crore start-up fund and the extension of the 100% tax exemption on start-up profits for five years in the Union Budget 2025 offer crucial financial backing for women-led enterprises.
Launch and Regional Focus
The programme was officially launched across nine colleges and universities in the Northeast, including Gauhati University, North-Eastern Hill University (NEHU), Mizoram University, and others.