Kamdhenu 3.0 – Overview and Goals
Vichakshan Foundation’s ambitious Kamdhenu 3.0 initiative aims to establish 50,000 independent business owners throughout India. With a focus on young adults, Kamdhenu 3.0 offers training, tools,financial Aid and assistance to help people start their entrepreneurship and improve their communities, especially in disadvantaged urban and rural areas.
This program is divided into well designed phases, beginning with a pilot phase to develop 5,000 successful entrepreneurs throughout India.
Kamdhenu 3.0 = Financial Aid + Business Model + Guidance
Kamdhenu 3.0 is fueled by a mix of public-private partnerships, with 90%-95% of funding coming from government initiatives. The Basantabai Punamchand Jain Seed Fund, founded by the Vichakshan Foundation, covers the remaining 5%-10%.
GOAL
01
Create 50,000
entrepreneurs
nationwide.
Empower 50,000 young persons, mostly in rural and underserved urban areas, with the skills, training, and resources they need to establish their own enterprises.
GOAL
02
Create local employment.
Support entrepreneurs who, in turn, will create jobs in local communities, minimizing migration to cities for work.
GOAL
03
Collaborate with Public and Private Institutions
Work alongside banks, government programs and community organizations to offer funding, guidance, and training.
GOAL
04
Reduce Poverty and Dependence in Rural Areas
Drive community upliftment by enabling economic self-reliance and a better quality of life through locally rooted business opportunities.
Basantabai Punamchand
Jain Fellowship Program
The Basantabai Punamchand Jain Seed Fund, is an integral part of the Kamdhenu 3.0 initiative by Vichakshan Foundation. This fellowship provides a portion of the financial support necessary for aspiring entrepreneurs under the Kamdhenu 3.0 project. Specifically, the fund contributes 5%-10% of the required capital, with the remainder funded through government programs and public-private partnerships.
The fellowship
aims to
Support Emerging Entrepreneurs
It offers financial assistance to people who are dedicated to creating sustainable businesses that benefit their communities.
Promote Economic Self-Reliance
By reducing the financial burden on new business owners, it encourages self-employment and the creation of jobs locally.
Facilitate Access to Public and Private Resources
Working with programs like MSME and the Ministry of Social Justice,Ministry of Tribal Welfare, World Bank Funds, Venture capital fundsthe fellowship gives entrepreneurs a platform to access additional resources, increasing their chances of success.
Why is this Initiative so Important?
This initiative is crucial as it empowers young adults with entrepreneurial skills,
driving economic growth and poverty reduction in underserved communities.
driving economic growth and poverty reduction in underserved communities.
Encouraging Entrepreneurs
Improving Local Economy
Engaging Young Adults
Building a Strong Entrepreneurial Ecosystem
Ensuring Long-Term Income Stability
Offering Holistic Training
Enhancing Living Conditions
Promoting Poverty Reduction
Encouraging Entrepreneurs
Improving Local Economy
Engaging Young Adults
Building a Strong Entrepreneurial Ecosystem
Ensuring Long-Term Income Stability
Offering Holistic Training
Enhancing Living Conditions
Promoting Poverty Reduction
Why Employment Generation Matters Today
In order to promote economic progress, alleviate poverty, maintain social stability, and get communities ready for technological changes, employment creation is crucial. We can construct a more wealthy, just, and stable future by increasing employment, especially in developing and sustainable industries.
Economic Growth: According to the World Bank, a 1% increase in employment results in a 0.3% increase in GDP per capita. Increased employment stimulates public financing, company expansion, and consumer spending.
Poverty Reduction: According to the ILO (International Labour Organization), a 10% increase in employment might result in a 7% decrease in poverty. Income and access to improved healthcare and education are two benefits of stable employment.
Social Stability: According to the ILO, nations with greater employment rates also have lower rates of social unrest and crime. Employment lessens instability and promotes social cohesion.
About
Vichakshan Foundation
Vichakshan Foundation is dedicated to assisting tribal farmers in overcoming obstacles such as poverty, limited access to resources, healthcare, and education. Through targeted programs, We work to improve their economic situation and effect long-term change.
By giving tribal farmers access to better markets, modern equipment, and valuable training, we help them improve their agricultural practices, increase productivity, and diversify their income streams.We also work to improve these communities’ access to education, healthcare, and long-term economic opportunities. These efforts help to improve the overall well-being of tribal communities, promoting long-term social and economic empowerment. The foundation’s programs aim to gradually improve the quality of life in tribal communities.
