One rural self-employment-training institute to be set up in each district

     Ministry of Rural Development has embarked upon a major initiative to set up one Rural Self Employment Training Institute (RSETI) in each district of the country. The ministry has so far approved 110 proposals. A meeting of the national level steering committee was held under the Chairpersonship of Secretary Rita Sharma here today in order to review the progress of the setting up RSETIs. The representatives from Planning Commission, Ministry of Finance, Reserve Bank of India, National Agricultural Bank for Rural Development (NABARD), States, Public Sector Banks, National Institute of Rural Development (NIRD), Bankers Institutes of Rural Development (BIRD), Rural Development and Self Employment Training Institute (RUDSETI), and senior officers from the Ministry of Rural Development attended the meeting. All the issues related to the operationalization of RSETIs were discussed in the meeting of the National Level Steering Committee. The committee has been constituted to give policy directions to all stakeholders involved in the establishment of RSETIs and also periodically monitor the progress of RSETIs. Public Sector Banks have also been associated in this scheme by the Ministry of Rural Development to ensure credit linkage to the people who are trained by the RSETIs. Ministry of Rural Development would provide assistance to establishment of 200 RSETIs throughout the country in the current financial year.

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