SVEP extended to all districts Updated On 0000-00-00
The Start-up Village Entrepreneurship Programme (SVEP) envisages to help the rural poor come out of poverty by helping them set up enterprises and provide support till the enterprises stabilize. This will be done by providing them with business skills, exposure, loans for starting and business support during the first critical six months of the enterprises by using the NRLM SHGs and their federations. Kudumbashree NRO played a crucial role in the development of the concept of SVEP. In its first phase of validating the concept, SVEP is expected to support creation and strengthening of about 1.82 lakh village enterprises in 125 Blocks across 24 States in the targeted four years i.e. 2015-19. This is expected to create employment for about 3.78 lakh persons.
Two blocks in Kerala were approved by the Empowered Committee of NRLM for the implementation of SVEP in 2016. Parakkode block in Pathanamthitta district and Vaduvakode block in Ernakulam district were the blocks approved for Kerala. Detailed Project Reports (DPRs) were finalized in November 2016, after field surveys assessing household demand and existing local enterprise conditions to identify the opportunities for enterprise development in the blocks. The period of implementation of SVEP in these two blocks is from February 2017 to February 2021. The total budget for the implementation is Rs. 11.35 crores (Rs. 5.7 crores in Parakkode and Rs. 5.6 crores in Vaduvakode). Of this 40% of the costs will be borne by Government of Kerala and 60% by the central government. The Empowered Committee of NRLM has approved 12 more blocks in the remaining 12 districts in kerala for SVEP implementation in 2017.