Minister of State (Independent Charge) for Skill Development & Entrepreneurship Shri Rajiv Pratap Rudy has said that Entrepreneurship and Skill Development Training for youth are being implemented through central sector schemes by various Ministrys/ Departments such as Ministry of Small Medium Enterprises (MSME), Department of Science and Technology (DST), Ministry of Human Resource Development.
In a written reply in the Lok Sabha today Shri Rudy further said, MSME has introduced a scheme called “Support for Entrepreneurial and Managerial Development of SMEs through incubator” while the DST has been implementing the programme under the S&T Entrepreneurship Development for promotion of technology based entrepreneurship. It has also provided seed funding up to Rs 200 lakhs in a faced manner to the some of the Technology Business Incubators (TBI). Similarly, a new ‘Scheme for Promoting Innovation, Entrepreneurship and Agro Industry’ is under formulation to set up a network of technology centre and incubation centres to accelerate entrepreneurship and to promote start-ups for innovation and entrepreneurship in agro-industry.