NAR, Monitoring Cell

Common conclave of Banks with less than 10 RSETIs – A Brief Report

REPORT ON THE COMMON CONCLAVE OF DIRECTORS OF RSETIs SPONSORED BY BANKS WHO HAVE SPONSORED LESS THAN 10 RSETIs ON 1st AND 2nd MAY 2012, AT NIRD, HYDERABAD

A 2-day Conclave of Directors of RSETIs sponsored by various banks who have sponsored less than 10 RSETIs was held on 1st and 2nd May 2012 at NIRD, Hyderabad wherein the following banks participated:

Bank of Maharashtra
Indian Bank
Corporation Bank
DCC Bank Bidar
IDBI Bank
Tripura Gramin Bank
Uttarakhand Gramin Bank

The Conclave was declared inaugurated by Dr.M.V. Rao, Director General, NIRD, Hyderabad. In his inaugural address, Dr. M.V. Rao said that RSETIs should create opportunities for Rural Youth and for this purpose RSETIs are being nurtured by all the stake holders. However, the major bottleneck is credit linking the trained entrepreneur. He said that the Director of the RSETI, being a banker himself should influence the colleague Banker to finance the candidates trained by the RSETI. Continuing his inaugural speech Sri Rao said that RSETIs are not only training centers but also a nerve centre for creating Enterprise Development. Sri O.N. Bansal, Project Director, NIRD, Sri K.N. Janardhana, Chief Project Co-ordinator, Monitoring Cell for RSETIs, National Academy of RUDSETI, and Sri M. Balakrishnan, DGM (RBD), Indian Bank were present on the occasion. To begin with, four successful entrepreneurs who were trained in SBH RSETI, Chilkur, shared their experiences.

Sri M Balakrishnan, DGM, Indian Bank in his key note address lauded the initiative of MoRD in promoting rural entrepreneurship through RSETI intervention with the Bankers as the main partners. Highlighting the contribution of Indian Bank in field of Rural Development, he said RSETIs promoted by their Bank will leave no stone unturned in meeting the expectations of MoRD.

Thereafter, the business session started with Sri Srinivas Murthy, Director, NAR administering Micro Lab, an exercise to unfreeze the participants of their inhibitions. After the lunch break, Sri K N Janardhana presented a paper on ‘Journey from RUDSETI to RSETI’ and briefed the participants about the MoRD guidelines in running the RSETIs successfully. He was successful in driving home the point on all aspects of RSETI functioning and clarified the doubts the Directors had in their mind. This was followed by series of sessions by Sri Srinivas Murthy on topics like Motivation – why and how?, Identification of Training needs, Methods of generation of applications, Selection of candidates for trainings Methodology of organizing entrepreneurship awareness / motivation camps etc. All these sessions were well received by the participants.

The 2nd day of the Conclave started with prayer followed by presentation of MILLY by a few Directors. Thereafter in an interactive session by Sri O N Bansal, Project Director for RSETIs, NIRD, Hyderabad, issues pertaining to allotment of land and progress under construction of new campuses were discussed. Sri O N Bansal interacted individually also with all the Directors and heard their problems in the area of allotment of land / construction of building and assured that NIRD will sincerely attempt to address all their issues relating to allotment of land and construction of building at the earliest.

Thereafter Smt. Renuka Kumar presented a paper on the expectations from the Ministry in generating more and more self-employed youth through the intervention by RSETIs. She emphasized the fact that the objective of the Ministry in setting up one RESETI in each District of the country could be well achieved if all the RSETI Directors the sponsoring Banks DRDA officials and other stake holders work towards the philosophy with which the RSETIs have been set up.

This was followed by individual review of the RSETIs taken up by Sri K N Janardhana. All the Directors made individual presentation highlighting the Training Programs organized by them till March 2012 and the same were reviewed thoroughly bringing out a SWOT of both the Director and the RSETI.

The valedictory function was graced by Smt. Renuka Kumar, Dy. Secretary, MoRD. Few Directors gave the feedback about the inputs they received from the officials from Monitoring Cell for RSETIs and felt that these inputs helped them in a big way in effectively discharging their duties as Directors of the RSETIs. In her valedictory address Smt. Renuka Kumar advised the RSETI Directors to be proud of their assignment as their efforts will help the country in mitigating the problems of the unemployed youth. She assured the banks that MoRD and Monitoring Cell will do everything possible to see that RSETIs sponsored by the Banks will become vibrant and discharge duties on the lines of best RUDSETI.

REPORT ON THE COMMON CONCLAVE OF DIRECTORS OF RSETIs ON 3rd AND 4th MAY 2012, AT NIRD, HYDERABAD

A 2-day Conclave of Directors of RSETIs sponsored by various banks who have sponsored less than 10 RSETIs was held on 3rd and 4th May 2012 at NIRD, Hyderabad wherein the following banks participated:

Oriental Bank of Commerce
Punjab & Sind Bank
Vijaya Bank
ICICI Bank
ING Vysya Bank
Arunachal Pradesh Rural Bank

The Conclave began with inauguration by Smt Renuka Kumar, Dy Secretary, MoRD, GOI, New Delhi. Sri O.N. Bansal, Project Director, NIRD and Sri K.N. Janardhana, Chief Project Co-ordinator, Monitoring Cell for RSETIs, National Academy of RUDSETI were also present on the occasion. To begin with, two successful entrepreneurs who were trained in SBH RSETI, Chilkur, shared their experiences.

In her inaugural address, Smt Renuka Kumar said that the concept of RUDSETI which has stood the test of time in addressing the unemployment problem in the country was found worth emulating and hence the Ministry of Rural Development found it appropriate to replicate the model across the country. In order to ensure that the RUDSETI concept is introduced in true spirit to reach out to the unemployed youth, Banks were chosen as the right partners for this cause because of their wide net work of branches across the country and also because the trained entrepreneurs can easily get access to credit facilities to get settled in their enterprise.

Thereafter,Sri Janardhana, CPC gave a brief overview of the Conclave and requested the Bank officials and the Directors to receive the inputs with all its seriousness so that the RSETI, a concept replicated from the successful RUDSETI model can be a boon to the unemployed youth in the country.

This was followed by a presentation of paper by Smt Renuka Kumar on the expectations from the Ministry in generating more and more self-employed youth through the intervention by RSETIs. She emphasized the fact that the objective of the Ministry in setting up one RESETI in each District of the country could be well achieved if all the RSETI Directors and the sponsoring Banks together with DRDA officials work towards the philosophy with which the RSETIs have been set up.

Later on Sri Srinivas Murthy, Director, NAR handled the business sessions by administering Micro Lab, an exercise to unfreeze the participants of their inhibitions. After the lunch break, Sri K N Janardhana presented a paper on ‘Journey from RUDSETI to RSETI’ and briefed the participants about the MoRD guidelines in running the RSETIs successfully. He was successful in driving home the point on all aspects of RSETI functioning and clarified the doubts the Directors had in their mind. This was followed by series of sessions by Sri Srinivas Murthy on topics like Motivation – why and how?, Identification of Training needs, Methods of generation of applications, Selection of candidates for trainings, Methodology of organizing entrepreneurship awareness / motivation camps etc. All these sessions were well received by the participants.

The 2nd day of the Conclave started with prayer followed by presentation of MILLY by a few Directors. Thereafter in an interactive session by Sri O N Bansal, Project Director for RSETIs, NIRD, Hyderabad, issues pertaining to allotment of land and progress under construction of new campuses were discussed. Sri Bansal interacted individually with all the Directors and discussed the problems in the area of allotment of land / construction of building and assured that NIRD will sincerely attempt to address all their issues relating to allotment of land and construction of building at the earliest.