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India


SVEP extends capital infusion to 153 blocks of 23 states till August

New Delhi, Sep 5 (UNI) The Start-Up Village Entrepreneurship Programme (SVEP) has made an impressive progress and has extended business support services and capital infusion to 153 blocks of 23 states, as of August 2020.
"Around, 2,000 trained cadre of Community Resource Person-Enterprise Promotion (CRP-EP) are providing services to rural entrepreneurs and as on August 2020, around 100,000 enterprises are supported by them. Entrepreneurship Development Institute of India (EDII), Ahmedabad is the technical support partner of SVEP," a release from Ministry of Rural Development said on Saturday.
"With an objective to support the rural poor come out of poverty, supporting them setup enterprises and provide support till the enterprises stabilize, SVEP focusses on providing self-employment opportunities with financial assistance and training in business management and soft skills, while creating local community cadres for promotion of enterprises," it said.
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