Start-up Village Entrepreneurship Programme (SVEP) Empowering Rural Enterprises
UPSC / SSC current affairs note · Governance
Why in news
As of June 30, 2026, SVEP has supported over 4.32 lakh rural enterprises across India, with 86% of entrepreneurs from SC, ST, OBC, and minority communities. The programme highlights the government's focus on grassroots entrepreneurship to boost rural economies and reduce poverty.
Background
Launched in 2016, SVEP is a sub-scheme of the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM). It supports SHG members and their families in starting non-farm enterprises through financial assistance, training, mentoring, and community-led institutional support.
Key facts
SVEP has supported 4.32 lakh rural enterprises as of June 30, 2026.
About 86% of entrepreneurs belong to SC, ST, OBC, and minority communities.
The programme focuses on non-farm businesses through training, finance, mentoring, and community-led support.
SVEP is a sub-scheme of DAY-NRLM, launched in 2016.
Top performing states: Assam, Bihar, Jharkhand, West Bengal, and Madhya Pradesh.
SVEP integrates with SHGs, CRPs-EPs, bank linkages, and schemes like PM MUDRA Yojana.
DAY-NRLM has organized over 10.29 crore rural households into SHGs as of mid-June 2026.
India has the world's third-largest startup ecosystem, but most are urban; SVEP targets rural areas.
Prelims pointers
- SVEP: Start-up Village Entrepreneurship Programme
- DAY-NRLM: Deendayal Antyodaya Yojana – National Rural Livelihoods Mission
- Launched in 2016 under Ministry of Rural Development
- Community Enterprise Fund (CEF) provides loans up to ₹45,000
- SHG: Self-Help Group
- CRP-EP: Community Resource Person – Enterprise Promotion
- PM MUDRA Yojana: Pradhan Mantri Mudra Yojana
- Mahalakshmi Saras: a platform for rural women entrepreneurs
Mains angles
- GS2: Role of government schemes in promoting rural entrepreneurship and social inclusion
- GS3: Impact of SVEP on rural economy, poverty reduction, and employment generation
- GS3: Synergy between SVEP and other schemes like PM MUDRA, DAY-NRLM
- GS2: Women empowerment through SHG-based entrepreneurship