IDBI Bank Limited- RISE – Revitalizing Innovation for Sustainable Enterprises


On 6th December, 2023, EDII collaborated with IDBI Bank Ltd. to initiate the project ‘Revitalising Innovation for Sustainable Enterprises (RISE)’. The project is helping in improving the economic conditions and quality of life among rural and peri-urban communities in the selected regions of Odisha, Uttarakhand and Assam States. Over a period of 3 years, more than 4300 women and youth will be trained to embrace enhanced livelihood opportunities in diverse technology-based entrepreneurship activities. RISE is a novel project aimed at improving the economic conditions and quality of life in rural and peri-urban communities around Dehradun (Uttrakhand), Kamrup (Assam) and Kashipur (Odisha) through technology-based skill development, livelihood creation, and credit linkage initiatives.

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In Kashipur, Odisha, 83 tribal housewives became financially independent by adopting manufacturing of value-added millet products and selling these items in village markets and shops.

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In Kamrup, Assam, before TEDP training, most beneficiaries made Gamosa and Mekhela Chador for personal use. The training program diversified their skills, allowing them to create products such as stoles, cushion covers, Kurtis, table runners, and handloom panels for commercial sale.

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In Kamrup, the Jacquard Machine installation has improved the productivity of weavers as compared to traditional loom by 66.67% to 80%, as now they can complete 20 hours of work in 4 hours.

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In Dehradun, Uttarakhand, 125 unemployed women were translated into entrepreneurs by adopting procedures and technology associated with millet products.