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Saturday, February 20, 2010

Rural Business Hubs

Rural Business Hubs is an initiative by the Ministry of Panchayati Raj, Government of India and the Confederation of Indian Industry started in 2007.

Rural Business Hubs is a first-of-its-kind Public, Private and Panchayat Partnership which aims to foster and permeate economic growth into and for rural India.
The concept of Rural Business Hubs is based upon synnergically link rural products, skills and produces with the marketing and professional skills of the industry to overcome the impending factors which hinder economic growth from reaching rural India. Such impediments are Poor market linkages , weak Infrastructure , Fragmented farms and farming , Many layers of intermediaries , Lack of standardisation and grading etc.
Current Situation:
Till February 2010, Government has identified 35 districts for Rural Business Hubs intervention programme in consultation with State Governments. So far 26 district RBH workshops have been organised and champion products identified. In addition, financial assistance to 49 projects throughout the country has been extended for establishment of RBH.
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