PM Vishwakarma Yojana PDF

PDF Name	PM Vishwakarma Yojana
No. of Pages	5
PDF Size	1.23 MB
Language	English
PDF Category	Government
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Uploaded By	Pradeep

PM Vishwakarma Yojana - Summary

PM Vishwakarma Yojana is a significant scheme designed to assist artisans and craftspeople all over India. With the PM Vishwakarma certificate and ID card, these skilled individuals will gain recognition and get credit support of up to Rs. 1 lakh (First Tranche) and Rs. 2 lakh (Second Tranche) at a special concessional interest rate of 5%. The scheme focuses on enhancing skills, providing toolkit incentives, encouraging digital transactions, and offering marketing support. With a total budget of Rs 13,000 crore allocated for five years (from FY 2023-24 to FY 2027-28), this program aims to uplift the traditional crafts community.

Overview of PM Vishwakarma Yojana

The Cabinet Committee on Economic Affairs, led by Prime Minister Shri Narendra Modi, has approved this new Central Sector Scheme called “PM Vishwakarma”. This initiative is taking steps to strengthen and nurture the Guru-Shishya parampara, the family-based practice of traditional skills. The scheme ensures that artisans and craftspeople have better management of their tools and crafts. Furthermore, it aims to improve the quality and reach of their products and services, allowing them to connect more effectively with both domestic and global markets.

Traditional Trades Covered Under PM Vishwakarma

In its initial phase, the PM Vishwakarma scheme will focus on eighteen traditional trades:

(i) Carpenter (Suthar);
(ii) Boat Maker;
(iii) Armourer;
(iv) Blacksmith (Lohar);
(v) Hammer and Tool Kit Maker;
(vi) Locksmith;
(vii) Goldsmith (Sonar);
(viii) Potter (Kumhaar);
(ix) Sculptor (Moortikar, stone carver), Stone breaker;
(x) Cobbler (Charmkar)/Shoesmith/Footwear artisan;
(xi) Mason (Rajmistri);
(xii) Basket/Mat/Broom Maker/Coir Weaver;
(xiii) Doll & Toy Maker (Traditional);
(xiv) Barber (Naai);
(xv) Garland maker (Malakaar);
(xvi) Washerman (Dhobi);
(xvii) Tailor (Darzi);
(xviii) Fishing Net Maker.

Benefits of the PM Vishwakarma Yojana

Total financial support of Rs. 13,000 crore.
Coverage of 18 traditional trades in the first round.
Recognition provided to artisans and craftspeople with a PM Vishwakarma certificate and ID card.
Credit support up to Rs. 1 lakh (First Tranche) and Rs. 2 lakh (Second Tranche) available at a concessional interest rate of 5%.
Offers skill upgradation, toolkit incentives, digital transaction incentives, and marketing support.

FAQs about PM Vishwakarma Yojana

What is the Vishwakarma Yojana? The Vishwakarma Yojana is a scheme focused on strengthening and nurturing the Guru-Shishya parampara, supporting traditional skills among artisans and craftspeople. The scheme was announced by PM Modi on August 15, 2023, and approved on August 17 by the cabinet.
What is the purpose of the Vishwakarma Yojana? The main aim is to enhance the quality and reach of products made by artisans and craftspeople and integrate them into domestic and global value chains.
What benefits do beneficiaries receive under the Vishwakarma Yojana? Participants will be awarded a PM Vishwakarma certificate and ID card, along with credit support of Rs. 1 lakh (First Tranche) and Rs. 2 lakh (Second Tranche) at a 5% interest rate.
What are the additional benefits of the Vishwakarma Yojana? Beneficiaries will also enjoy skill upgrades, incentives for digital transactions, toolkit support, and marketing assistance.
Who is the target audience for the Vishwakarma Yojana? The scheme supports artisans and craftspeople from both rural and urban areas across India.
Which trades are included in the Vishwakarma Yojana? The PM Vishwakarma scheme covers a total of 18 different trades including:
1. Carpenter (Suthar)
2. Boat Maker
3. Armourer
4. Blacksmith (Lohar)
5. Hammer and Tool Kit Maker
6. Locksmith
7. Goldsmith (Sonar)
8. Potter (Kumhaar)
9. Sculptor (Moortikar, stone carver)
10. Stone breaker
11. Cobbler (Charmkar)/Shoesmith/Footwear artisan
12. Mason (Rajmistri)
13. Basket/Mat/Broom Maker/Coir Weaver
14. Doll and Toy Maker (Traditional)
15. Barber (Naai)
16. Garland maker (Malakaar)
17. Washerman (Dhobi)
18. Tailor (Darzi)
19. Fishing Net Maker