Rural Self Employment Training Institutes to be honoured
Updated: Nov 21, 2013 01:39:02pm
New Delhi, Nov 21 (KNN) With a view to encouraging a spirit of competitiveness amongst the Rural Self Employment Training Institutes across the country, an annual national meet is held to recognise the best performing institutes and their promoting banks.
The second national meet of Rural Self Employment Training Institute (RSETI) stakeholders for recognition of best performing RSETI and their promoting banks is scheduled to be held on November-21.
Encouraged by the successful RUDSETI (Rural Development and Self Employment Training Institute) model initiated in 1982 in Ujire, Karnataka, by SDME Trust in partnership with Canara Bank and Syndicate Bank for promoting entrepreneurship amongst rural youth, the Ministry of Rural Development, Government of India decided to replicate the model across the country.
Thereafter, in partnership with banks and the State Governments, Rural Self Employment Training Institutes (RSETIs) were established in each district of the country.
The RSETIs’ unique training model includes short term training for market linked entrepreneurship development followed by continuous hand holding support with bank linkages.
RSETIs promote in situ self employment for the rural youth and thus discourage stress migration to the cities for alternative means of livelihood. Currently 566 RSETIs are functioning across the country.
During last year’s meet 117 well performing institutes were honoured. This year, 233 institutes across the country have been recognized as well performing institutes.
The well performing institutes are selected on the basis of a transparent grading mechanism.
In the year 2012, a single stage grading mechanism was used to grade all institutes. However for the year 2013, the grading mechanism has been further fine-tuned by introducing a two stage grading mechanism, wherein institutes that have existed for one to three years old have been graded on one set of parameters and the more experienced ones have been graded in two stages on more stringent parameters.
Among the banks, Canara Bank and Syndicate Bank have been adjudged as the best banks for promoting maximum number of well performing institutes followed by Andhra Bank and the State Bank of India.
As far as States are concerned, Karnataka has been adjudged the best for nurturing maximum number of well performing institutes, followed by Andhra Pradesh and Kerala. A time bound plan has been made by banks for bringing all the RSETIs to the level of best performing RSETIs. (KNN/ES)
The second national meet of Rural Self Employment Training Institute (RSETI) stakeholders for recognition of best performing RSETI and their promoting banks is scheduled to be held on November-21.
Encouraged by the successful RUDSETI (Rural Development and Self Employment Training Institute) model initiated in 1982 in Ujire, Karnataka, by SDME Trust in partnership with Canara Bank and Syndicate Bank for promoting entrepreneurship amongst rural youth, the Ministry of Rural Development, Government of India decided to replicate the model across the country.
Thereafter, in partnership with banks and the State Governments, Rural Self Employment Training Institutes (RSETIs) were established in each district of the country.
The RSETIs’ unique training model includes short term training for market linked entrepreneurship development followed by continuous hand holding support with bank linkages.
RSETIs promote in situ self employment for the rural youth and thus discourage stress migration to the cities for alternative means of livelihood. Currently 566 RSETIs are functioning across the country.
During last year’s meet 117 well performing institutes were honoured. This year, 233 institutes across the country have been recognized as well performing institutes.
The well performing institutes are selected on the basis of a transparent grading mechanism.
In the year 2012, a single stage grading mechanism was used to grade all institutes. However for the year 2013, the grading mechanism has been further fine-tuned by introducing a two stage grading mechanism, wherein institutes that have existed for one to three years old have been graded on one set of parameters and the more experienced ones have been graded in two stages on more stringent parameters.
Among the banks, Canara Bank and Syndicate Bank have been adjudged as the best banks for promoting maximum number of well performing institutes followed by Andhra Bank and the State Bank of India.
As far as States are concerned, Karnataka has been adjudged the best for nurturing maximum number of well performing institutes, followed by Andhra Pradesh and Kerala. A time bound plan has been made by banks for bringing all the RSETIs to the level of best performing RSETIs. (KNN/ES)
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