Shri Jayant Chaudhary meets Ex-Servicemen and other aspiring Entrepreneurs undergoing training at NIESBUD

Jayant Chaudhary, Union Minister of State for Skill Development & Entrepreneurship, visited the National Institute for Entrepreneurship and Small Business Development (NIESBUD) today, commending the extensive entrepreneurial training initiatives underway. Over 3000 ex-servicemen have undergone training at NIESBUD, reflecting its commitment to fostering entrepreneurship.

Chaudhary interacted with trainees and trainers and visited an exhibition showcasing products made by jail inmates and successful entrepreneurs. These exhibits, part of EDP training in Lucknow and Varanasi jails, demonstrate the transformative impact of skill development.The Minister met ex-servicemen currently in the Entrepreneurship Development Programme (EDP) under the Directorate General Resettlement (DGR), Ministry of Defence. This initiative equips retiring Armed Forces personnel with entrepreneurial skills for gainful post-retirement employment. Chaudhary praised their dedication and resilience.

Master Trainers from Uttar Pradesh, Delhi, and Haryana are also being trained under the World Bank-funded SANKALP Scheme at NIESBUD, focusing on capacity building and mentoring new entrepreneurs. Additionally, Chaudhary reviewed a program for Fair Price Shop owners, designed in collaboration with the Department of Food and Public Distribution, covering aspects of entrepreneurship, credit sources, and digital marketing.In Kolkata, the entrepreneurial spirit is thriving. Local markets are increasingly turning to NIESBUD for training and mentorship. Entrepreneurs are focusing on digital marketing and global trends to stay competitive. This surge in interest highlights the importance of entrepreneurship in driving economic growth in the region.