Introduction A unique initiative to mitigate the problem of unemployment was taken up by the MoRD in January 2009 It envisage framework for imparting good quality residential free training and post training follow up As RSETIs are Bank lead institutions they are prefixed with the name of the respective sponsor banks to give distinct identity . Scheme is launched by MoRD and regular monitored by NIRD&PR
Objectives Identification of rural unemployed youth for self employment. Orientation of rural youth for self employment. Motivation of the rural youth to go for self employment. Skill development training to identified youth. To hand hold the youth to establish their own micro enterprise
Role and Responsibilities of RSETIs and MoRD Offers continuous support Alternative career opportunity and livelihoods Financial support MoU with National Academy of RUDSETI
Unique Features Free food, free accommodation and free training and accessible to all. Post training follow up. Well structured course modules . Extensive use of audio visual aids. Marketing support to the trainees . Peer learning. Inculcating discipline. Training methodology.
More Details The institutes set up in the country should be registered as societies/trusts. Land for setting up RSETIs will be allotted to the concerned Banks, free of cost by the State Governments. Each RSETI should offer 30-40 Skill Development Programmes in a financial year in various avenues. Types of training to be decided by the institute should be based on the local resource situation and potential demand .
Selection of trainees should be from the rural BPL category R egular follow-up and handholding for 2 years RSETIs should also conduct various skill up gradation programmes RSETIs should give equal opportunities to women entrepreneurs
Current status There are 587 functional RSETIs across the country . O ne in each district including North Eastern state and islands . RSETIs put together have training 15 lakhs candidates in various skills. Out of these approximately 10 lakhs candidates are settled i.e. established their own micro enterprises are earning their livelihood.