Local Economic Development (LED) is an outcome based on local economic initiatives and driven by local stakeholders. It involves identifying and using local resources, ideas and skills to stimulate economic growth and development. The objective of LED is to create employment opportunities for local residents, alleviate poverty, and redistribute resources and opportunities to the benefit of all local residents. It strives for the eradication of poverty and unemployment through the implementation of the LED programmes. Municipalities through the Integrated Development Programme identify projects and submit applications to the province. Municipalities should lead the implementation of the LED and fulfill their constitutional obligation of promotion of social and economic development.
5. COMMUNITY WORK PROGRAMME
CWP is an initiative designed to provide an employment safety net.
Participants could find other job opportunities to substantiate the 2 days
Provide work opportunities and experince thus enhancing dignity and promoting social and economic inclusion;
Provide an employment safety net, recognising that sustainable employment solutions will take time and will reach the marginalised last;
Contribute to the development of public assets and services in poor communities;
Strengthen public and community participation in decision making around development.
6. MUNICIPAL INFRASTRUCTURE GRANT (MIG)
The municipal infrastructure grant programme is aimed at providing all South Africans with at least a basic level of service by the year 2013 through the provision of grant finance aimed at covering the capital cost of basic infrastructure for the poor.