A sub-scheme under the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) launched in 2016, aimed at supporting rural poor to come out of poverty by setting up their own enterprises. It focuses on promoting non-farm enterprises in rural areas.
Target Beneficiaries: 5 lakh rural poor households (75% women entrepreneurs, 82% from SC/ST/OBC categories) through SHG members and families setting up non-farm sector enterprises across 205 blocks in 160 districts
Implementing Agency: Ministry of Rural Development, Government of India through State Rural Livelihood Missions (SRLMs) and National Rural Livelihoods Mission (NRLM).
Part of the overall budget allocated for the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM).
Funding Ratio (Centre:State): 60:40 (General States), 90:10 (NE and Hilly States)
GS Paper: GS2
Syllabus Tags
Launched in 2016 as a sub-component of the National Rural Livelihoods Mission to address the stagnation in rural farm incomes by promoting the non-farm sector.
A pool of funds used by the Block Resource Centre to provide loans to entrepreneurs.
Metric
2,55,117
Source: PIB/Ministry of Rural Development
Metric
115 across 24 states
Source: Ministry of Rural Development
SVEP addresses the critical 'missing middle' in rural development by pivoting from wage employment to self-employment in the non-farm sector. Unlike traditional credit-linked schemes, its strength lies in the 'Community Resource Person-Enterprise Promotion' (CRP-EP) model, which provides localized handholding. However, its scale is still modest compared to the vast rural workforce, and it faces structural hurdles like poor market linkages and low digital literacy among first-generation entrepreneurs.
How does the Startup Village Entrepreneurship Programme (SVEP) complement the National Rural Livelihood Mission in creating sustainable rural livelihoods? Analyze.
SVEP serves as a catalyst for the 'Vocal for Local' campaign by creating village-level ecosystems for small businesses. It effectively utilizes the social capital of Self-Help Groups (SHGs) to mitigate credit risks. For GS3, it illustrates the transition from 'subsistence-based livelihoods' to 'market-linked entrepreneurship', directly contributing to the $5 trillion economy goal by tapping rural productivity.