• The success of Unnati and Airavata schemes, Karnataka Social Welfare Department today launched the Samruddhi scheme to boost employment opportunities for SC/ST youth through entrepreneurship.
• The government is partnering with private enterprises to train the youth from backward communities.
• To create industry owned private enterprise, the State government signed a memorandum of understanding (MoU) with 30 retail companies of the 62 which have shown interest.
• The 30 companies which have signed MoU are to provide self-employment opportunities for around 25,000 beneficiaries from the SC/ST communities.
• The department is hoping to create around 10,000 entrepreneurs annually in the next three years from among the economically and socially marginalised communities in the State.
• These entrepreneurs will in their turn create jobs in rural and semi urban areas, and help push employment and skill development in the State further.
• The government hopes that this scheme will ultimately benefit aspiring, young citizens from rural and tier II cities and ensure sustainable and all-round development,” said Kharge.
Mains Paper 2: Governance | Government policies and interventions for development in various sectors
Prelims level: Particulars of the Samruddhi Scheme
Mains level: Promoting entrepreneurship skills to socio-economically backward youths