Rural Self Employment Training Institutes
RSETIs have been established by the Lead Banks in the districts with a mandate to train rural youth for self-employment and promote rural entrepreneurship. RSETIs are functioning in 30 Districts and efforts are being taken to establish RSETIs in 6 newly formed districts. The Ministry of Rural Development (MoRD) provides financial assistance for building infrastructure and also reimburses the training cost for the Below Poverty Line candidates.
During the financial year 2022-23, 26,259 candidates have been trained through RSETIs and 10,978 have started their own business through Bank Linkage and self-financing.