Research Innovation Growth
Ministry of Housing and Urban Affairs, Government of India
Formation of inclusive Micro Enterprise Promotion and Incubation Centre for facilitating convergence from various schemes and for linking with various NGOs, Private entities , Financial institutions.
Developing a digital portal for facilitating the operation and functioning of Micro Enterprise Promotion and Incubation Centre
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There is a large urban informal economy (80% of workers) who are part of the city but are excluded in many ways from its benefits and growth. Our problem is how can we increase their inclusion. In the Indian context, the informal sector is acknowledged as 'unorganised sector'.
"Unorganized sector consists of all unincorporated private enterprises owned by individuals or households engaged in the sale and production of goods and services operated on a proprietary or partnership basis and with less than ten total workers" (Government of India, 2007)
Transform Smart City urban markets to be more inclusive of the informal economy for the poor through Collective Entrepreneurship by creating City level Micro Enterprise Promotion and Incubation Centre.
Produce entrepreneurs, not only skilled labourers
Extensive mentoring and step-bystep assistance in becoming successful
Benefit to urban poor and their access to market
Create a multiplier effect in creating inclusive growth and employment
Benefit to government : a data base for employment generation, better quality of life for the poor.
promotion of non-grant based sustainable initiative with reduced depending on subsidy
