Discover the impact of PM Vishwakarma Scheme, PM Vishwakarma Scheme Applications Status Check, fostering skill development among artisans. Explore eligibility criteria, registration details, and the array of benefits, from collateral-free credit to concessional interest rates.
PM Vishwakarma Scheme Overview
Crafting Success: Unveiling PM Vishwakarma
In a transformative move, Prime Minister Narendra Modi announced the PM Vishwakarma Scheme on September 17, a visionary initiative aimed at supporting artisans and craftspeople. The Ministry of Skill Development and Entrepreneurship reveals a staggering 21 lakh applications within two and a half months, showcasing the scheme’s resonance.
Regional Dynamics: Karnataka Leads the Way
Breaking down the numbers, Karnataka emerges as the frontrunner with 6.28 lakh applications, followed by West Bengal, Assam, Uttar Pradesh, and Andhra Pradesh. However, some states, including Haryana and Kerala, exhibit a comparatively lower response.
Navigating the Scheme
Crafting Futures: Trades and Training
The PM Vishwakarma Scheme caters to diverse trades, including tailoring, masonry, carpentry, and more. The scheme focuses on providing comprehensive training, financial assistance, and market linkage for 18 distinct trades. A cohort of 17,758 candidates across 21 states stands ready for skill-upgradation training.
Beyond Tools: Financial Support and Business Setup
Beneficiaries receive a toolkit incentive of ₹15,000, empowering them with the necessary resources. Additionally, the scheme extends financial support with loans of up to ₹1 lakh and ₹2 lakh for initiating business ventures. The scheme’s broad scope includes training in digital and financial skills, ensuring artisans are equipped for the modern landscape.
Eligibility and Registration
Inclusivity Matters: Who Can Apply?
The eligibility criteria encompass traditional artisans and craftspeople engaged in various occupations, from blacksmithing to goldsmithing and pottery. The scheme aims to uplift and enhance the capabilities of these individuals, fostering prosperity.
Seamless Entry: Registering for PM Vishwakarma
For those eager to embrace the opportunities presented by the scheme, the registration process is user-friendly. The Ministry of Micro, Small and Medium Enterprises, the driving force behind the initiative, ensures a holistic and end-to-end support system.
Empowering Artisans: Key Benefits
Financial Empowerment: Collateral-Free Credit
PM Vishwakarma opens avenues for collateral-free credit, offering artisans a financial boost of up to ₹3 lakh. The first tranche provides a collateral-free credit support of up to ₹1 lakh, followed by the second tranche with ₹2 lakh, both at a concessional interest rate of 5%.
Empowering Traditional Artisans: A Glimpse into the PM Vishwakarma Scheme
The Ministry of Micro, Small, and Medium Enterprises introduces the PM Vishwakarma Scheme, a groundbreaking initiative designed to elevate the status of artisans and craftspeople across India. Unveiling a spectrum of services encompassing market linkage support, skill training, and digital transaction incentives, this central sector scheme is set to reshape the landscape for artisans engaged in specific trades.
Paving the Path for Tradition: Objectives of the Scheme
The PM Vishwakarma Scheme, spanning five years from FY 2023-24 to FY 2027-28, is driven by a compelling aim. It seeks to fortify and nurture the Guru-Shishya parampara, the age-old tradition of passing down skills from mentor to apprentice within families. This familial approach is especially relevant for artisans and craftspeople, who rely on their hands and tools to create wonders.
Broadening Horizons: Scheme’s Focus Areas
1. Strengthening Traditional Practices
The scheme is strategically aligned to enhance the quality and expand the reach of products and services offered by artisans and craftspeople. By integrating Vishwakarmas into both domestic and global value chains, the initiative strives to secure a prominent position for traditional crafts in the market.
2. Eligibility & Coverage
Open to both rural and urban artisans nationwide, the PM Vishwakarma Scheme casts its net wide. Encompassing 18 traditional crafts, including Boat Maker, Armourer, Blacksmith, Hammer and Tool Kit Maker, and more, the initiative aims to touch the lives of 30 lakh families over the course of five years.
Fruits of Participation: Benefits Under the Scheme
1. Recognition and Support
Artisans and craftspeople participating in the scheme will receive acknowledgment through the coveted PM Vishwakarma certificate and ID card, symbolizing their commitment to traditional craftsmanship.
2. Financial Empowerment
To catalyze financial empowerment, the scheme offers collateral-free credit support. Artisans can access up to ₹1 lakh in the first tranche and ₹2 lakh in the second tranche, with a concessional interest rate of 5%.
3. Skill Upgradation and Incentives
Craftsmen enrolled in the scheme will benefit from skill upgradation through both Basic and Advanced training programs. Additionally, a toolkit incentive of ₹15,000 awaits them, alongside incentives for embracing digital transactions.
4. Comprehensive Support
The PM Vishwakarma Scheme goes beyond financial aid, offering a stipend of Rs 500 per day to beneficiaries undergoing skills training. This multifaceted approach aims to uplift artisans holistically, ensuring their sustained growth and success.
In conclusion, the PM Vishwakarma Scheme emerges as a beacon of hope for traditional artisans, providing them with the tools and resources to thrive in a dynamic and competitive market. As the scheme unfolds over the next five years, it promises not just economic upliftment but a revival of age-old traditions, securing the legacy of India’s skilled craftsmen.
Frequently Asked Questions
Q: What is the primary objective of PM Vishwakarma Scheme?
A: The scheme aims to recognize and uplift traditional artisans and craftspeople, providing them with comprehensive support, training, and financial assistance to enhance their capabilities.
Q: How can artisans benefit from the scheme?
A: Artisans can benefit through training, financial assistance, market linkage, collateral-free credit, and concessional interest rates, setting the stage for holistic empowerment.
Q: Which states have shown significant response to the scheme?
A: Karnataka leads with the highest number of applications, followed by West Bengal, Assam, Uttar Pradesh, and Andhra Pradesh.
In conclusion, the PM Vishwakarma Scheme stands as a beacon of empowerment for artisans, weaving together traditional skills with modern opportunities. This comprehensive initiative not only recognizes the rich heritage of Indian craftsmanship but also propels it into a dynamic and prosperous future.
