PM Vishwakarma Scheme

PM Vishwakarma Scheme

The PM Vishwakarma Yojana, launched in 2023, has already received over two million applications, highlighting the interest and need for a scheme focused on enhancing the skills and livelihoods of traditional artisans and craftspeople across India.

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Key Details about the Scheme

1. Scheme Launch and Implementation:
   • Ministry: The scheme is implemented by the Ministry of Micro, Small, and Medium Enterprises (MSME).
   • Duration: The scheme will run for five years, from FY 2023-24 to FY 2027-28.
   • Focus: It is aimed at strengthening and nurturing the Guru-Shishya parampara, which refers to the traditional, family-based practice of passing down skills in crafts.
2. Main Objectives:
   • Skill Enhancement: The scheme seeks to improve the quality and reach of products and services produced by artisans and craftspeople.
   • Integration with Value Chains: It aims to integrate traditional artisans with both domestic and global value chains, enhancing their market access and business sustainability.
   • Digital Support: It provides incentives for digital transactions, fostering modern business practices among artisans.

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Eligibility & Coverage

• Eligibility: Available to rural and urban artisans and craftsmen across India.
• Coverage:
  • The scheme focuses on 18 traditional crafts, such as:
    • Boat Maker
    • Armourer
    • Blacksmith
    • Hammer and Tool Kit Maker
    • And others that engage artisans in handcraft-based industries.
  • Family Coverage:
    • 5 lakh families will be covered in the first year.
    • A total of 30 lakh families will benefit over the five-year period.

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Key Benefits of PM Vishwakarma Yojana

1. Tooling Support:
   • The scheme enhances access to tooling facilities, improving artisans' productivity and efficiency in their respective crafts. This will help artisans compete more effectively in the market.
2. Industry-Ready Skill Training:
   • Provides training programs to help artisans and craftspeople gain industry-standard skills, improving their craftsmanship and market readiness.
3. Support for Process and Product Development:
   • Facilitates process and product development, ensuring that artisans can enhance the competitiveness of their work. This is key to adapting to evolving market trends and demands.
4. Consultancy and Job Work Services:
   • Artisans receive consultancy and job work services, specifically tailored to the needs of their craft. This will help them improve production processes and expand into new markets.

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Key Takeaways
The PM Vishwakarma Yojana is a significant step toward empowering traditional artisans and craftspeople in India by providing them with the necessary tools, training, and market support. By improving their skills and facilitating access to modern business practices, the scheme aims to elevate their craft and make them an integral part of India’s economic and value chains.

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