Executive Summary

In the context of the need for promoting self employment for the unemployed rural youth, particularly those below the poverty line, and periodic skill up gradation to keep them abreast of latest technologies, need not be overstated. Once trained appropriately, the youth will launch profitable micro-enterprises and enhance their own standards of living and thereby contribute to the overall national economy.

The joint of Sri Dharmasthala Manjunatheshwara Educational Trust, Syndicate Bank and Canara Bank in 1982 near Dharmasthala in Karnataka suggests that if rural BPL youth are imparted necessary skills and provided hand holding support, a significant proportion of them could set up viable self-employment activities.

Appreciating the rationale to up-scale such development support to rural BPL youth country wide, the Ministry of Rural Development (MoRD) has proposed a new, national scheme called RSETI. Under this, the MoRD will provide a one time grant of Rs. One Crore to the lead bank in every district to set up one RSETI. The public sector / private sector banks will be set up and run these institutions with the active support from state government. The RSETIs will provide intensive short-term residential training in trades that enjoy market-acceptance and extend them hand holding support in availing bank credit.

Land for setting up the RSETIs will be allotted to the concerned Banks, free of cost, by the State Governments. The construction of the building for the RSETIs will be undertaken by the concerned Bank, Trust/Society. In case the banks so desire they may request the State Government for assistance for construction.

A national level steering committee headed by the Secretary, Ministry of Rural Development and a state level sub-committee under SLBC will ensure the grounding of the institutes in all the rural districts of the country.

A ‘Local Advisory Committee’ (LAC) at the Institute level under the leadership the Chairman and Lead district Manager, District Development manager, and the members of NABARD, GM, District Industries Centre, PD, DRDA, the Employment Exchange Officer, heads of vocational institutes in the district like ETCs, ITIs, Polytechnics, KVKs etc. will guide the RSETI in realizing its objectives.

Guidelines

Standard Operating Procedures Manual for RSETIs Part-I

Standard Operating Procedures Manual for RSETIs Part-II