A Rural Self-Employment Training Institute giving rural youth one to six week courses, with food and lodging covered.
Balod disburses ₹18,440 in small business loans per lakh population. The district trains 19.3 youth per lakh under short-term skilling, behind the typical district. The Rural Self Employment Training Institute prepares rural youth to use credit like this to start their own enterprise.
79% of registered enterprises are in services while 21% are in manufacturing. Only 3% of employment is in small and medium enterprises. 61% of school-age children are enrolled in higher secondary school (classes 9–12).
In Balod, which ranks 5 of 33 in Chhattisgarh for youth opportunity, the overall opportunity score is 47.7 out of 100. On skilling trainees who get certified at 100%, self-employed workers at 64.5%, women-owned enterprises at 29.1% and young people in the labour force aged 15 to 29 at 51.7%, it sits close to the national mark.