The United Nations Development Programme (UNDP) and the Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) entered into a collaborative partnership aimed at empowering women to make well-informed career choices in the field of entrepreneurship.
The partnership will provide support for women looking to start and expand their own enterprises, particularly in sectors such as the care economy, digital economy, electric mobility, waste management, food packaging and more. Focused on fostering entrepreneurship development and accelerating enterprise growth, the three-year project, extendable beyond 2025, will cover eight cities in the initial phase.
Speaking at the signing, Mr Rahul Kapoor, Joint Secretary and Mission Director, DAY-NULM & PM SVANidhi, Ministry of Housing and Urban Affairs (MoHUA), GoI, said, “DAY-NULM has a very important objective of empowering urban communities. We are hopeful that through this partnership with UNDP, we will be able to make our interventions more effective and impactful under the Mission.”
“Women entrepreneurship is a proven strategy for poverty alleviation, financial independence, and reshaping gender norms. Today, women account for only 15 per cent of the total entrepreneurs in India. By increasing this number, we not only empower women but also accelerate economic growth and ensure a happy and healthy society. UNDP and DAY-NULM are coming together to build this inclusive entrepreneurship ecosystem,” said Ms Shoko Noda, Resident Representative, UNDP India.
Leveraging its experience in linking over 2,00,000 women to better employment opportunities, UNDP will offer national-level capacity-building support to DAY-NULM. This support will focus on knowledge generation and management, such as compiling compendiums of best practices related to urban poverty, to enhance the implementation of national-level schemes. Drawing on their extensive sectoral expertise, UNDP and DAY-NULM will collaborate on piloting innovative solutions, particularly in the care economy domain.
UNDP and DAY-NULM will jointly engage in on-ground mobilization activities that involve identifying pockets of urban poverty and potential entrepreneurs, as well as facilitating access to Business Development Services. Handholding support will be provided to the cohort to formalize their businesses, establish bank linkages, and secure access to finance and markets. UNDP will also contribute to the initiative by developing community business mentors called Biz-Sakhis in selected project locations. These mentors, who possess valuable business knowledge, can support new and existing enterprises, and serve as a resource for DAY-NULM at a later stage.
The DAY-NULM aim to uplift the urban poor by enhancing sustainable livelihood opportunities through skill development. The scheme extends its coverage to all 4,041 statutory cities and towns, thereby covering most of India’s urban population. Through its outreach efforts, DAY-NULM has mobilized more than 8.4 million urban poor women across India, forming over 8,31,000 Self-Help Groups (SHGs) in over 4,000 towns. Their impressive grassroots initiatives facilitate economic empowerment and amplify the voices of marginalized sections of the urban population, including SCs/STs, minorities, female-headed households, street vendors, and rag pickers.
Disclaimer: This is an official press release by pib.