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Jammu and Kashmir

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Jammu and Kashmir
REF.NO. NB. DPD- NFS/476/ REPD-720 (Policy-1)/ 2008-09 13 June 2008 CIRCULAR NO. 94 A /DPD-NFS- 02 /2008

The Director / Chief Executive Officer RUDSETI

Dear Sir, Rural Entrepreneurship Development programmes ( REDPs)NABARD’s Support to RUDSETI types of Institutions In pursuance of the objective of providing alternative employment opportunities to the unemployed rural youth for taking up income generating activities in non-farm sector which impacts on reducing pressure on agriculture and land, NABARD has been extending support to various Agencies, mostly resource NGOs since 1990’s to conduct Rural Entrepreneurship Development Programmes (REDPs). Over the last couple of decades, about 8000 REDPs have been conducted through various NGOs/ Agencies with funding support from NABARD and about 2.50 lakh rural youth have been trained to take up various entrepreneurial activities. However, a lot remains to be done. 2. Over the years, the RUDSETI/ RUDSETI type of Institutions have emerged as vibrant and effective partners for conduct of rural entrepreneurship and skill development trainings for the unemployed rural youth. The pioneering role played by RUDSETI, Ujire, Karnataka has been acknowledged and during last 2-3 years, a number of banks have taken initiatives in setting up their own RUDSETI type of Institutions in various States. As on date, there are 23 RUDSET Institutions sponsored by 15 Commercial Banks having footprints in 93 districts covering 15 States. This is going to increase in coming years. 3. NABARD had conducted a Workshop for the RUDSET type of Institutions and their Sponsoring Banks in December 2006 at Dharmasthala, Dakshina Kannada District, Karnataka wherein a number of issues were discussed and in the light thereof, guidelines were issued to the Commercial Banks/ RRBs giving details of the eligible items and quantum of grant support extended by NABARD to the RUDSETI type of institutions. A copy of the guidelines contained in our circular dated 10

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