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PM Vishwakarma scheme UPSC NOTE

 


  • The PM Vishwakarma scheme aims to empower traditional craftspeople and artisans by preserving and enhancing their skills, providing financial support, and integrating them into broader economic value chains.

  • Cabinet Committee on Economic Affairs (CCEA) approved the scheme.

  • Outlay: ₹13,000 crore.

  • Scheme announced by PM Narendra Modi during Independence Day speech.

  • Duration: 2023-24 to 2027-28.

Objective of the Scheme:

  • Strengthen and nurture the "Guru-Shishya parampara" (teacher-student tradition).

  • Focus on traditional craftspeople and artisans.

  • Enhance traditional skills practiced by artisans.

  • Improve product quality and reach.

  • Integrate artisans into domestic and global value chains.

Covered Trades:

  • 18 traditional trades included.

  • Trades such as carpenter, blacksmith, goldsmith, potter, tailor, and more.

  • Basket/mat/broom maker, coir weaver, barber, fishing net maker, and others.

Benefits for Artisans:

  • Artisans receive PM Vishwakarma certificate and ID card.

  • Credit support: ₹1 lakh (first tranche) and ₹2 lakh (second tranche).

  • Concessional interest rate: 5%.

  • Two types of skilling programs: basic and advanced.

  • Stipend of ₹500 per day during skill training.


Scope of Coverage:

  • Scheme to cover 30 lakh families.

  • Encompasses a period of five years.

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Learnerz IAS | Concept oriented UPSC Classes in Malayalam: PM Vishwakarma scheme UPSC NOTE
PM Vishwakarma scheme UPSC NOTE
Learnerz IAS | Concept oriented UPSC Classes in Malayalam
https://www.learnerz.in/2023/08/pm-vishwakarma-scheme-upsc-note.html
https://www.learnerz.in/
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https://www.learnerz.in/2023/08/pm-vishwakarma-scheme-upsc-note.html
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