Gramodyog Vikas Yojna (GVY)

Gramodyog Vikas Yojna (GVY)

Gramodyog Vikas Yojna (GVY)

Context:

Lieutenant Governor of Delhi, Shri Vinai Kumar Saxena, distributed Honey Bee-Boxes and Toolkits to 130 beneficiaries as part of the ‘Gramodyog Vikas Yojna’ program organized by KVIC, Ministry of MSME, State Office Delhi, Government of India.

Gramodyog Vikas Yojna (GVY).

  • It is a transformative central sector scheme, orchestrated by the Union Ministry of Micro, Small and Medium Enterprises (MSME). This visionary initiative endeavors to breathe life into the village industries, infusing them with a dash of modernity, skillful training, and communal support.
  • The essence of GVY lies in its commitment to providing a nurturing ecosystem, wherein artisans and entrepreneurs involved in diverse village industries like agarbatti, khadi, pottery, honey, and more, can flourish.
  • It goes beyond conventional paradigms, aiming to empower the rural populace, particularly women, youth, and marginalized groups, by creating ample employment opportunities through skill development, financial assistance, and unrivaled market linkages.
  • It fosters an environment conducive to innovation, diversification, and branding, ensuring that the rich heritage of rural areas remains intact.
  • In sync with the resolute spirit of Atmanirbhar Bharat, GVY plays a pivotal role in reducing the nation’s reliance on imports and fueling self-sufficiency.

Key Features of GVY

1. Central Sector Scheme: GVY operates as a central sector scheme, with the central government wholeheartedly funding its endeavors. This ensures a seamless and timely allocation of resources, allowing for effective implementation of various sub-schemes nested within its framework.

2. Embracing Diversity: GVY encompasses a diverse range of sub-schemes, including the Market Promotion and Development Assistance (MPDA), Interest Subsidy Eligibility Certificate (ISEC), Workshed Scheme for Khadi Artisans, Prime Minister Employment Generation Programme (PMEGP), and more. By catering to the unique needs and challenges faced by the village industries sector, these sub-schemes act as catalysts for infrastructure development, technology upgradation, credit facilitation, marketing support, and skill development.

3. Empowering Competitiveness: A main objective of GVY is to boost the productivity, wages, employment, and sales of village industries, both domestically and internationally. It forges ahead with an unwavering determination to enhance their competitiveness, enabling them to carve a niche for themselves in the fiercely competitive market landscape. By fostering the establishment of new enterprises and bolstering the expansion of existing ones, GVY creates a ripple effect of increased income and employment opportunities within rural communities.

Conclusion:

The Gramodyog Vikas Yojna (GVY) embarks on an inspiring journey to rejuvenate and fortify the village industries sector, preserving the essence of tradition while embracing the winds of change. With its emphasis on skill development, financial support, and market linkages, GVY empowers artisans and entrepreneurs, enabling them to thrive in the dynamic socio-economic landscape. Through its diverse range of sub-schemes and unwavering commitment to competitiveness, GVY paves the path towards an inclusive and self-reliant future for rural India.