Introduction
- Deendayal Upadhyay Swaniyojan Yojana (DUSY) was launched by Rural development ministry to promote entrepreneurship through skill training in rural areas
- It is viewed as the rural avatar of Start up India scheme
- Scheme was launched in 2016 along with Start Up India scheme by PM Modi
Objectives of DUSY
- To provide skill sets for self-employment to rural masses
- To give incentives to rural poor pursuing self-employment
- To provide financial assistance to self-employed or poor rural entrepreneurs
- To support poor rural people looking to start new business or pursue self-employment options
Nodal Agencies
- Ministry of Rural development
- Ministry of Skill development and Entrepreneurship
- MUDRA bank
Funding
- Main source of Funding is through National Rural Livelihoods Mission
- DUSY loans are funded through MUDRA Bank loans
- Beneficiaries obtain credit linkages in an innovative manner
- Self-help groups are the main beneficiaries
Skill Set Training areas under DUSY
- Beauty courses
- Dairy farming
- Driving
- Agriculture
- Plumbing
- Horticulture
- Grafting
- Masonry
- Food processing
- Textile
- Animal Husbandry
Benefits
- Skill training is provided in the above domains to pursue self-employment
- Self Help Groups are encouraged more to start entrepreneurial ventures
- More emphasis is given to women and Self-help groups (SHG) in DUSY
- This will increase the participation of more SHG in DUSY
- Rural entrepreneurship will see an uplift with DUSY network with SHG
- DUSY is seen as a means of achieving financial independence from the perspective of women
- Women empowerment will occur in the rural areas
- The rural economy will get a boost with new avenues of employment other than agriculture
- The pressure on land will reduce considerably
Conclusion
- DUSY is expected to achieve the goals of Startup India in rural areas
- It will provide a means of employment to the rural youth in the form of rural entrepreneurship
- DUSY also will solve the disguised unemployment existing in the agriculture by providing training to the rural people on non-farm practices
- DUSY along with NRLM will improve the livelihoods of the rural people
- DUSY along with Startup India will boost rural entrepreneurship
- It is also seen as a measure to mitigate migration issue
- Overall, DUSY will address rural unemployment and reduce poverty on a mass scale