Rural Self Employment Training Institutes: A New Tool for Entrepreneurship Development

The objective of the paper is to provide information about rural EDP approach which is introduced by Rural Development & Self Employment Training Institute (RUDSETI) for providing employment opportunities in the organised and unorganised sectors. The Institutes provides intensive short-term residential self-employment training programmes with free food and accommodation, to rural youth for taking up self-employment initiatives and skill up gradation for running their microenterprises successfully. These are bank-led institutes with active support from State Governments. The study indicated that many successful entrepreneurs imbibed technical skills and soft skills at RSETIs and proved themselves as an achiever after taking training from the institute. The study concludes that RSETI can be proved as a ray of hope for the rural youth, women and unemployed young population of the rural and suburban area for being the first-generation entrepreneurs.