Role of Rural Self Employment Training Institutes (RSETIS) for Rural Entrepreneurship Competency Development

Govt. both the Central and State has been running many programs aimed to train the youth becoming entrepreneurs or self employed. One such progam promoted by the Ministry of Rural Development, Govt of India in association with the Banks and the State Govt.s is the Rural Self Employment Training Institutes (RSETIs). By its presence in around 600 locations across the country, RSETIs are one the largest brick and mortar training Institute aimed to train India’s youth for self employment and entrepreneurship. This Paper aimed to find out the competencies are being developed by the RSETIs among rural youths for taking up the self employment ventures through literature reviews and analysis of secondary data sources. Through development of 15 key entrepreneurs competencies there has been approx 70% settlement rate across the nations. Individual financing or bank loan were found as key challenges for the budding entrepreneurs.