Published: 5th Nov, 2018
Karnataka state government recently launched the Samruddhi scheme to boost employment opportunities for SC/ST youth.
Context
Karnataka state government recently launched the Samruddhi scheme to boost employment opportunities for SC/ST youth.
About
Samruddhi scheme:
- It is entrepreneurship and skill development scheme, for economically and socially underprivileged youth of small towns.
- It aims to train youth from SC and ST communities through private organisations in retail management and franchise opportunities.
- Through this scheme government is planning to create ‘industry owned private enterprise’ to make them financially independent as well as to provide them with skill development and alternate means of employment.
- For this, the government is collaborating with companies who have achieved financial status and market credibility to train the youth from backward communities. Once the training is complete, the government will provide the certification.
- The State government signed a memorandum of understanding (MoU) with 30 retail companies. These 30 companies are to provide self-employment opportunities for around 25,000 beneficiaries from the SC/ST communities.
- The government is investing Rs 800 crore, which is 8% of the department's budget through this scheme. Over the next three years, the State government expects Samruddhi to create 10,000 entrepreneurs each year from among marginalised groups.
- These entrepreneurs will create jobs in rural and semi urban areas, and help push employment and skill development in the State further.
- The scheme is on the lines of the Unnati and Airavata These target socially marginalised communities.
Significance
- With the Samruddhi scheme, the government hopes to train youth across sectors and assist them to be entrepreneurs.
- The scheme will help to address the problem of extreme poverty and distressed migration among SC/ST community.
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