Start-up Village Entrepreneurship Programme

PIB ·

Why in news

The Start-up Village Entrepreneurship Programme (SVEP) has supported 4.32 lakh rural enterprises by June 30, 2026, with a strong focus on social inclusion and equitable access to entrepreneurship opportunities.

Exam relevance

GS1, GS2, GS3 · Society, Governance, Economy · Prelims · Mains

Key facts

  1. SVEP supported 4.32 lakh rural enterprises by June 30, 2026.
  2. 86% of entrepreneurs supported by SVEP belong to SC, ST, Minority, and OBC communities.
  3. SVEP is a sub-scheme of Deendayal Antyodaya Yojana – National Rural Livelihoods Mission.
  4. The programme provides training, finance, mentoring, and community-led institutional support.
  5. SVEP aims to promote entrepreneurship and innovation in rural areas.

Prelims pointers

  • Start-up Village Entrepreneurship Programme (SVEP) is a sub-scheme of DAY-NRLM.
  • SVEP supports non-farm enterprises in rural areas.
  • Key components include training, finance, and mentoring.
  • A significant portion of beneficiaries are from SC, ST, Minority, and OBC communities.

Mains practice question

Examine the role of the Start-up Village Entrepreneurship Programme (SVEP) in promoting grassroots entrepreneurship and inclusive economic development in rural India. What are its key features and significance?

Static linkage

Deendayal Antyodayal Yojana – National Rural Livelihoods Mission (DAY-NRLM) aims to mobilize rural poor households into skill development and gainful employment opportunities. SVEP is a sub-scheme under DAY-NRLM, focusing specifically on promoting rural non-farm enterprises.

Significance

SVEP is crucial for catalysing rural economies by fostering grassroots entrepreneurship. It addresses the urban-centric nature of India's start-up ecosystem by promoting non-farm enterprises in rural areas. The programme's focus on social inclusion ensures that marginalized communities benefit from economic opportunities, contributing to poverty reduction and local employment generation. Its convergence with schemes like Pradhan Mantri Mudra Yojana enhances its reach and impact.

Original source

Rural Economy · Entrepreneurship · Social Inclusion · DAY-NRLM · Non-farm Enterprises

Start-up Village Entrepreneurship Programme on project[UPSC]