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ANNUAL REPORT - Dc Msme

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9.1.4 Further, in order to improve<br />

the success rate of the EDP<br />

trainees in the establishment of<br />

new enterprises, the Ministry had<br />

launched a scheme, namely, “Rajiv<br />

Gandhi Udyami Mitra Yojana”<br />

(a scheme for Promotion and<br />

Handholding of Micro and Small<br />

Enterprises). The main objective<br />

of this scheme is to provide<br />

handholding support to first<br />

generation entrepreneurs, through<br />

designated lead agencies i.e.<br />

‘Udyami Mitras’. Under this scheme,<br />

the ‘Udyami Mitras’ are providing<br />

guidance and assistance to the<br />

potential entrepreneurs registered<br />

with them, in preparation of project<br />

report, arranging finance, selection<br />

of technology, marketing tie-ups<br />

with buyers, installation of plant<br />

and machinery as well as obtaining<br />

various approvals, clearances<br />

and NOCs etc. For providing this<br />

handholding assistance to the new<br />

entrepreneurs, the ‘Udyami Mitras’<br />

are paid handholding charges<br />

under the scheme.<br />

MSME<br />

Chapter -IX EDIs/OTHER SCHEMES<br />

9.2 SCHEME FOR<br />

ASSISTANCE FOR<br />

STRENGTHENING OF<br />

TRAINING INFRASTRUCTURE<br />

OF EXISTING AND NEW<br />

ENTREPRENEURSHIP<br />

DEVELOPMENT INSTITUTES<br />

(EDIs)<br />

9.2.1 Under the scheme,<br />

assistance is provided to<br />

existing and new training<br />

Institutions for establishment of<br />

Entrepreneurship Development<br />

Institute (EDI) and strengthening<br />

of their training infrastructure<br />

on a matching basis. Ministry<br />

provides assistance on a<br />

matching basis, not exceeding<br />

50% of the project cost or<br />

Rs. 150 lakh whichever is less<br />

(90% or Rs. 270 lakh of the<br />

project cost whichever is less,<br />

for North Eastern States and<br />

Union Territories of Andaman<br />

& Nicobar and Lakshadweep<br />

Islands) excluding cost of land<br />

and working capital. The balance<br />

175<br />

Annual Report<br />

2010-11

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