Settlement of Entrepreneurs: An Endeavour of RSETI

Abstract

Rural Self Employment Training Institute, popularly known as RSETI, is managed by banks with active co-operation from the Government of India and State Government. To mitigate the unemployment problem the Institution has been set up to ensure necessary skill training and skill up gradation of the rural below poverty line (BPL) youths. RSETI concept is based on RUDSETI (Rural Development and Self Employment Training Institute), a Society established jointly by three agencies i.e. Syndicate Bank, Canara Bank and Sri Manjunatheswara Trust based at Ujire in Karnataka. Almost in every district (now in 585 districts) in the country RSETI has been established. The Lead Bank in the district takes responsibility for establishing and managing it. Based on field cases two beneficiaries’ cases are presented here portraying how they have been benefitted after training and earning income as provided with proper backward and forward linkages.

Keywords: Below Poverty Line (BPL), Bank, Trainee and RSETI