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RSETI
RSETI
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Rural Self-Employment Training Institutes (RSETIs)

The issue of skill upgradation of youth has been highlighted in the 11th Five year Plan. The Planning Commission has commenced the process of introducing National Skill Development Mission to enhance skill development in formal and informal sectors. Rural Self –Employment Training Institutes have a key role to accomplish the mission to improve capacity building.

Setting up of RSETIs gained further fillip when Union Finance Minister reviewed the status of RSETIs set up by PSBs in the meeting of CEOs of PSBs on 04.11.2008 and advised the Banks to set up RSETIs for training and capacity building of rural youth.

Every District should have one RSETI. Lead Bank is given preference. There is no bar for the non-lead bank to set up RSETI.

A special Central Level Co-ordination Committee (CLCC) of SGSY on RUDSETI type of institutions held on 05.12.2008 had reiterated the importance of establishment of such training institutes. Various promotional support offered by Central and State Govt and NABARD were highlighted.

Ministry of Rural Development (MORD), GOI has informed that National Rural Institute of Rural Development (NIRD), Hyderabad will be the Nodal Agency for providing funding assistance on behalf of the Ministry of Rural Development.

Bank can form Trust / Society to administer RSETIs.

Promotional supports available:
  1. The respective State Govt will allot land free of cost to the concerned Bank for setting up RSETIs. Building construction will be done by the Bank. RSETI may start functioning in a hired building till land is allotted and building is constructed.
  2. Govt.of India will provide maximum amount of Rs.1.00 crore towards construction of building with a minimum area of 8000 sq.ft. Rent for hiring premises will be borne by GOI upto a maximum of Rs.10 lacs from out of Rs.1.00 crore grant for a period not exceeding 3 years.
  3. Cost of training @Rs.200 / rural BPL candidate / day to a maximum of Rs.4000 for training upto 4 weeks and Rs.5000 for a longer duration training programme.
  4. Other recurring costs i.e training expenses, faculty salaries, logistics etc will be borne by the sponsoring Banks or other organiations like SIDBI or NABARD.

Districts assigned to member Banks for setting up RSETIs in the State.

Sl.No. Districts Banks Assigned
1 Tirunelveli, Thanjavur, Trichy, Perambalur, Thiruvarur, Karur, Ramanathapuram, Pudukottai, Kanyakumari, Nagapattinam, Virudhunagar Indian Overseas Bank
2 Salem, Tiruvallur, Vellore, Cuddalore, Kancheepuram, Krishnagiri, Namakkal, Dharmapuri, Thiruvannamalai, Villuppuram Indian Bank
3 Dindigul, Theni, Erode, The Nilgris, Madurai, Sivaganga, Tiruppur, Coimbatore Canara Bank
4 Tuticorin & Ariyalur State Bank of India

Districts where RSETIs are functioning at present

Sl.No. Districts Banks Assigned
1 Tirunelveli, Thanjavur, Trichy, Perambalur, Thiruvarur, Karur, Ramanathapuram, ,Pudukottai, Nagercoil, Nagapattinam, Virudhunagar Indian Overseas Bank
2 Salem, Tiruvallur & Vellore Indian Bank
3 Theni, Dindigul, Erode, Nilgris, Tiruppur, Sivaganga Canara Bank
4 Ariyalur & Tuticorin SBI

Ministry of Rural Development, Govt.of India vide letter No. I-12011/19/2008 SGSY (T) dated 08.02.2010 informed State Governments to issue suitable direction to the District Collectors / concerned authorities to ensure allotment of at least 1 acre for RSETIs to enable establishment of adequate infra structure.

 
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