The United Nations Development Programme (UNDP) and the Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) have joined forces to empower women in making informed career choices in entrepreneurship.
This collaborative partnership aims to provide support to women who want to start or expand their own enterprises, with a specific focus on sectors like the care economy, digital economy, electric mobility, waste management, food packaging, and more. The project, spanning three years with the possibility of extension beyond 2025, will initially cover eight cities. Its primary objectives are to promote entrepreneurship development and facilitate the growth of enterprises.
More About the UNDP and DAY-NULM Collaboration
Supporting Women Entrepreneurs in Key Sectors
- The collaborative partnership between the UNDP and DAY-NULM has a strong focus on empowering women in various sectors such as the care economy, digital economy, electric mobility, waste management, food packaging, and more.
- These sectors are recognized for their potential in driving economic growth and sustainable development.
- The project, which will run for three years initially, with the possibility of extension, aims to empower women entrepreneurs and create better opportunities for them.
National-Level Capacity Building
- As part of the partnership, the UNDP will provide national-level capacity-building support to DAY-NULM.
- This support will include knowledge generation and management, which involves compiling best practices related to urban poverty.
- The aim is to enhance the implementation of national-level schemes and ensure that women entrepreneurs have access to valuable information and tools that can contribute to their success.
- The UNDP’s extensive experience in connecting women with better employment opportunities will be leveraged to benefit the partnership and its goals.
Piloting Innovative Solutions
- As part of their collaboration, UNDP and DAY-NULM will focus on piloting innovative solutions, particularly in the care economy domain.
- With their deep expertise in the sector, both organizations will work together to develop and test new approaches and strategies that address the specific challenges faced by women entrepreneurs in these sectors.
- The aim is to create an environment that fosters innovation and enables women to thrive in their entrepreneurial endeavors.
On-Ground Mobilization and Business Development Support
- The partnership will involve on-the-ground mobilization activities, including identifying areas with urban poverty and potential women entrepreneurs.
- UNDP and DAY-NULM will facilitate access to Business Development Services, providing guidance and support to help women formalize their businesses.
- This includes assisting them in establishing bank linkages, accessing finance, and entering markets.
- The comprehensive support services offered will play a crucial role in empowering women entrepreneurs and ensuring the long-term sustainability and growth of their enterprises.
- As part of the collaboration, UNDP will contribute by developing a network of community business mentors known as Biz-Sakhis in selected project locations.
- These mentors, who possess valuable business knowledge and expertise, will serve as a resource for DAY-NULM and provide support to new and existing enterprises.
- The Biz-Sakhis will play a crucial role in mentoring women entrepreneurs, sharing their insights, and guiding them through the various stages of business development.
DAY-NULM’s Commitment to Empowering the Urban Poor
- The Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) is a mission aimed at uplifting the urban poor by enhancing sustainable livelihood opportunities through skill development.
- The mission covers all 4,041 statutory cities and towns in India, reaching a significant portion of the urban population.
- Through its grassroots initiatives and extensive outreach efforts, DAY-NULM has mobilized over 8.4 million urban poor women across India, forming more than 831,000 Self-Help Groups (SHGs) in over 4,000 towns.
- By empowering marginalized sections of the urban population, including Scheduled Castes/Scheduled Tribes, minorities, female-headed households, street vendors, and rag pickers, DAY-NULM contributes to their economic empowerment and amplifies their voices in society.
- 3 August Current Affairs 2023 in English
- MoU Between Subroto Mukerjee Sports and Education Society and All India Football Federation (AIFF) to Promote Football at Grassroot Level
- Dr. Mansukh Mandaviya Delivers Keynote Address at the 13th Indian Organ Donation Day ceremony
- Education Ministry Forms Expert Panel on Anti-Discrimination in Higher Education
- Concerns Arise Over Cheetah Deaths at Kuno National Park
What is UNDP?
UNDP stands for United Nations Development Programme. It is a United Nations agency that works to promote human development in countries around the world. UNDP’s mission is to “help countries achieve their development goals and build a better future for all”.
What is DAY-NULM?
DAY-NULM stands for Deendayal Antyodaya Yojana-National Urban Livelihoods Mission. It is a government of India program that aims to reduce poverty and vulnerability of the urban poor by enabling them to access gainful self-employment and skilled wage employment opportunities.