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With reference to the Start-up Village Entrepreneurship Programme (SVEP), consider the following statements:
1. It is a sub-component of Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) of the Ministry of Rural Development.
2. It aims to support entrepreneurs in rural areas to set-up enterprises at the village-level in non-agricultural sectors.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
With reference to the Start-up Village Entrepreneurship Programme (SVE...
National Institute of Entrepreneurship and Small Business Development (NIESBUD) signed a MoU with the Ministry of Rural Development (MoRD) to develop a sustainable model for promoting entrepreneurship at the grass roots by initiating the Start-up Village Entrepreneurship Programme (SVEP).
  • SVEP is a sub-component of Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) of the Ministry of Rural Development.
  • It aims to support entrepreneurs in rural areas to set-up enterprises at the village-level in non-agricultural sectors. The partnership will enable the rural community by helping them set up their trades and provide complete support till they are stabilized.
  • Under the partnership rural entrepreneurs will be able to access banking systems for receiving financial support for starting their enterprises, including support from MUDRA bank. Integrated ICT techniques and tools will also be provided for training and capacity building along with enterprise advisory services to augment the entrepreneurship ecosystem in India’s villages.
  • The beneficiaries of the project are from the Self-Help Group (SHG) ecosystem of DAY-NRLM and the scheme not only supports existing enterprises but new enterprises as well.
  • National Institute of Entrepreneurship and Small Business Development (NIESBUD) is an autonomous organisation under the Ministry of Skill Development and Entrepreneurship (MSDE).
Hence both statements are correct.
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With reference to the Start-up Village Entrepreneurship Programme (SVEP), consider the following statements:1. It is a sub-component of Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) of the Ministry of Rural Development.2. It aims to support entrepreneurs in rural areas to set-up enterprises at the village-level in non-agricultural sectors.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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With reference to the Start-up Village Entrepreneurship Programme (SVEP), consider the following statements:1. It is a sub-component of Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) of the Ministry of Rural Development.2. It aims to support entrepreneurs in rural areas to set-up enterprises at the village-level in non-agricultural sectors.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the Start-up Village Entrepreneurship Programme (SVEP), consider the following statements:1. It is a sub-component of Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) of the Ministry of Rural Development.2. It aims to support entrepreneurs in rural areas to set-up enterprises at the village-level in non-agricultural sectors.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Start-up Village Entrepreneurship Programme (SVEP), consider the following statements:1. It is a sub-component of Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) of the Ministry of Rural Development.2. It aims to support entrepreneurs in rural areas to set-up enterprises at the village-level in non-agricultural sectors.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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