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PM Vishwakarma Yojana 2023


The PM Vishwakarma Yojana 2023 is a government initiative, was launched on September 17, 2023, coinciding with Vishwakarma Jayanti and Prime Minister Narendra Modi's birthday.

The PM Vishwakarma Yojana 2023

What is The PM Vishwakarma Yojana 2023?

The PM Vishwakarma Yojana 2023 is a government initiative aimed at providing financial assistance, skill development, and support to traditional artisans and craftsmen in India. The scheme was launched on September 17, 2023, coinciding with Vishwakarma Jayanti and Prime Minister Narendra Modi's birthday.

The scheme is named after Vishwakarma, the Hindu god of creation and craftsmanship. It is a fitting tribute to the traditional artisans and craftsmen of India, who have played a vital role in shaping the country's culture and heritage.

Objectives

The PM Vishwakarma Yojana has been launched with the following objectives:

  • To preserve and promote traditional Indian crafts and trades
  • To enhance the skills and productivity of artisans and craftsmen
  • To improve the livelihoods of artisans and craftsmen
  • To integrate artisans and craftsmen into the global value chain
    Eligibility

To be eligible for the PM Vishwakarma Yojana, artisans and craftsmen must meet the following criteria:

  • Be a resident of India
  • Be over the age of 18 years
  • Belong to one of the 18 traditional trades covered by the scheme
  • Have an annual family income of less than Rs. 10 lakh

Benefits

The PM Vishwakarma Yojana provides a range of benefits to eligible artisans and craftsmen, including:

  • Financial assistance of Rs. 15,000 for the purchase of modern tools and equipment
  • Skill development training to upgrade their skills and knowledge
  • Certification and branding of their products
  • Market linkages to help them sell their products at a better price

Registration

Artisans and craftsmen can register for the PM Vishwakarma Yojana online or through their local District Industries Centre (DIC). To register online, they need to visit the official website of the Ministry of Micro, Small and Medium Enterprises (MSME) and create an account. Once they have created an account, they can log in and apply for the scheme.

Implementation

The PM Vishwakarma Yojana will be implemented by the Ministry of Micro, Small and Medium Enterprises (MSME) in collaboration with the state governments. The MSME Ministry has allocated a budget of Rs. 13,000 crore to Rs. 15,000 crore for the scheme over a period of five years.

Significance

The PM Vishwakarma Yojana is a significant step towards empowering traditional artisans and craftsmen in India. The scheme is expected to benefit over 10 lakh artisans and craftsmen in the next five years.

The scheme will help to preserve and promote traditional Indian crafts and trades, which are an important part of the country's cultural heritage. It will also help to enhance the skills and productivity of artisans and craftsmen, which will lead to improved livelihoods. Additionally, the scheme will help to integrate artisans and craftsmen into the global value chain, which will open up new opportunities for them.

Impact on Artisans and Craftsmen

The PM Vishwakarma Yojana is expected to have a positive impact on the lives of artisans and craftsmen in India. The financial assistance provided under the scheme will help them to purchase modern tools and equipment, which will lead to improved productivity and quality. The skill development training will help them to upgrade their skills and knowledge, which will make them more competitive in the market. The certification and branding of their products will help them to fetch a better price for their products. The market linkages will help them to reach out to a wider customer base and expand their business.

Impact on the Indian Economy

The PM Vishwakarma Yojana is also expected to have a positive impact on the Indian economy. The scheme will help to boost the production of traditional Indian handicrafts, which will lead to increased exports and job creation. The scheme will also help to promote tourism in India, as tourists are attracted to the country's rich cultural heritage.

At the End

The PM Vishwakarma Yojana is a well-conceived scheme that has the potential to make a significant impact on the lives of traditional artisans and craftsmen in India. The scheme is expected to preserve and promote traditional Indian crafts and trades, enhance the skills and productivity of artisans and craftsmen, improve their livelihoods, and integrate them into the global value chain. The scheme is also expected to have a positive impact on the Indian economy by boosting the production of traditional Indian handicrafts, increasing exports and job creation, and promoting tourism.


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