Deendayal Upadhyay Swaniyojan Yojana (DUSY) was launched by Rural development ministry to promote entrepreneurship through skill training in rural areas
It is viewed as the rural avatar of Start up India scheme
Scheme was launched in 2016 along with Start Up India scheme by PM Modi
Objectives of DUSY
To provide skill sets for self-employment to rural masses
To give incentives to rural poor pursuing self-employment
To provide financial assistance to self-employed or poor rural entrepreneurs
To support poor rural people looking to start new business or pursue self-employment options
Nodal Agencies
Ministry of Rural development
Ministry of Skill development and Entrepreneurship
MUDRA bank
Funding
Main source of Funding is through National Rural Livelihoods Mission
DUSY loans are funded through MUDRA Bank loans
Beneficiaries obtain credit linkages in an innovative manner
Self-help groups are the main beneficiaries
Skill Set Training areas under DUSY
Beauty courses
Dairy farming
Driving
Agriculture
Plumbing
Horticulture
Grafting
Masonry
Food processing
Textile
Animal Husbandry
Benefits
Skill training is provided in the above domains to pursue self-employment
Self Help Groups are encouraged more to start entrepreneurial ventures
More emphasis is given to women and Self-help groups (SHG) in DUSY
This will increase the participation of more SHG in DUSY
Rural entrepreneurship will see an uplift with DUSY network with SHG
DUSY is seen as a means of achieving financial independence from the perspective of women
Women empowerment will occur in the rural areas
The rural economy will get a boost with new avenues of employment other than agriculture
The pressure on land will reduce considerably
Conclusion
DUSY is expected to achieve the goals of Startup India in rural areas
It will provide a means of employment to the rural youth in the form of rural entrepreneurship
DUSY also will solve the disguised unemployment existing in the agriculture by providing training to the rural people on non-farm practices
DUSY along with NRLM will improve the livelihoods of the rural people
DUSY along with Startup India will boost rural entrepreneurship
It is also seen as a measure to mitigate migration issue
Overall, DUSY will address rural unemployment and reduce poverty on a mass scale