Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)

By Suryafinacialinfotech -

 

Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)

The core objectives of MGNREGA are as under:

  • Providing not less than one hundred days of unskilled manual work, as a guaranteed employment in a financial year to every household in rural areas as per demand, resulting in creation of productive assets of prescribed quality and durability
  • Strengthening the livelihood resource base of the poor
  • Proactively ensuring social inclusion
  • Strengthening Panchayati Raj Institutions.

It provides a legal guarantee for wage employment by providing allowances and compensation both in cases of failure to  provide work on demand and delays in payment of wages for work undertaken.

Social audit is a new feature under the program, which creates accountability of performance, especially towards immediate stakeholders.

Skill Development And Entrepreneurship Initiatives

Skills and knowledge are driving forces of economic growth and social development for any country. Countries with higher levels and better standards of skills adjust more effectively to the challenges and opportunities in domestic and international job markets. Our country, however, has a big challenge ahead, as it is estimated that only 14.69 per cent of the total workforce has undergone formal skill training.

National Institute for Entrepreneurship and Small Business Development (NIESBUD)

NIESBUD, registered under the Societies Registration Act, 1860, has been functioning since 6 July 1983. The administrative affairs of the Institute were transferred to the Ministry of Skill Development and Entrepreneurship, in May, 2015.

The broad functions/activities of the Institute are as under:

  • Accelerating introduction of Entrepreneurship in formal education (general, technical, skill and management) streams.
  • Developing promotional material, designing motivational campaigns and undertaking related activities, for creating conducive environment, for entrepreneurial efforts
  • Facilitating provision of Business Development Services, for prospective start-ups/self-employment ventures.
  • Putting in place an e-mechanism, for providing mentoring support, monitoring and follow up.
  • Co-ordinating/Facilitating activities under the “Pradhan Mantri Yuva Yojana” including Assessment and Certification of the beneficiaries.
  • Organizing research and other interventions for ascertaining effectiveness of the initiatives aimed at ‘Ease of Doing Business’ by ‘Start-ups’ and ‘Self-employed’ in the country.
  • Creating and hosting a Knowledge Repository of information, support materials, government policies, etc., for use by potential Start-ups, New Entrepreneurs and MSMEs.

Indian Institute of Entrepreneurship (IIE)

The Indian Institute of Entrepreneurship (IIE) was established in the year 1993, in Guwahati, by the Ministry of Industry, Department of SSI & ARI, and Government of India, as an autonomous national institute. The broad functions/activities of the Institute are as under:

  • To promote and develop entrepreneurship.
  • To conduct research and provide consultancy services, for entrepreneurship development.
  • To coordinate and collaborate with other organizations in providing training, and undertake research and other activities to increase the outreach
  • To provide consultancy services to potential entrepreneurs and enhancing employability of the participants.
  • To promote greater use of information technology, in the activities/functions of the IIE, schemes and initiatives through the National Skill Development Corporation.

Pradhan Mantri Kaushal Vikas Yojana (PMKVY)

PMKVY is the flagship outcome-based skill training scheme of the Ministry of Skill Development & Entrepreneurship (MSDE). The objective of this skill certification and reward scheme is to mobilize a large number of Indian youths to take up outcome- based skill training, to become employable and earn their livelihood.

The scheme has two components viz.,

  • Centrally Sponsored Centrally Managed (CSCM) scheme –75% of the PMKVY (2016-2020) funds shall be available to MSDE for skilling through National Skill Development Corporation (NSDC)
  • Centrally Sponsored State Managed (CSSM) scheme – (25% of the funds of PMKVY 2.0 shall be allocated to the States).

Ministry of Skill Development and Entrepreneurship through NSDC, implements the Pradhan Mantri Kaushal Kendra (PMKK) Scheme, for setting up of model skill centre, in every district of the country

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