MoRD sanctions 65 crores for extending SVEP to 12 more districts in Kerala Updated On 2018-01-20
Ministry of Rural Development (MoRD) sanctioned Rs 65 crore for extending the activities of Startup Village Entrepreneurship Programme (SVEP) to 12 more districts in Kerala. The Empowered Committee presided by the Secretary, MoRD gave approval and sanctioned fund for the project reports submitted by Kudumbashree Mission.
SVEP, the sub component of National Rural Livelihood Mission envisions the growth of the enterprises which are launched after studying the regional scopes. Central and State governments spend money in the project in 60:40 ratio.
In Vadavukod block of Ernakulam and Parakkod block of Pathanamthitta districts Kudumbashree had been successfully implementing the programme for the last one year. As per the approval, the programme will be implemented in Nilambur, Koothuparamb, Panamaram, Perambra, Nilambur, Nenmara, Kodakara, Idukki block, Vaikom, Thaikkattusery, Pathanapuram and Vamanapuram blocks of Kasaragod, Kannur, Kozhikode, Malappuram, Palakkad, Thrissur, Idukki, Kottayam, Alappuzha, Kollam and Thiruvananthapuram districts respectively. Therefore, Kerala would become the first in the country to extend the SVEP to all districts across the state.
Within 4 years, 21816 new enterprises would be started in these blocks.Kudumbashree's National Resource Organization (NRO) give the technical support for extending the programme. As per the programme, 2000 entreprises from each block will get the loan assistance and the services of those who had received special trainings.
SVEP aims to start Block Resource Centres to give assistance to entrepreneurs and also to those entrepreneurs which were stopped. SVEP also aims to frame projects for the new enterprises and to launch Performance Improvement Programme as well.