Deendayal Upadhyay Swaniyojan Yojana: Explained

Introduction

  • 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
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