Context:
Since the launch of the PM Vishwakarma Yojana in 2023, it has made significant strides in supporting traditional craftspeople and artisans across the country. – a substantial number of applications, with a large portion successfully completing the multi-step registration process.
Relevance:
GS II: Government Policies and Interventions
Dimensions of the Article:
- Vishwakarma Yojana: Empowering Artisans and Craftsmen
- Empowering Rural Women: The Lakhpati Didi Scheme
Vishwakarma Yojana: Empowering Artisans and Craftsmen
- The Vishwakarma Yojana is an innovative initiative aimed at uplifting skilled traditional craftsmen, particularly from the Other Backward Classes (OBC) community.
- This scheme is named after Vishwakarma, the divine architect and craftsman, and aims to perpetuate the guru-shishya parampara or teacher-pupil tradition within artisan families.
Key Features:
Recognition and Identity:
- Artisans and craftsmen enrolled in the scheme will be granted a PM Vishwakarma certificate and an official identity card.
Financial Support:
- Beneficiaries are eligible for collateral-free credit support of up to ₹1 lakh (first tranche) and ₹2 lakh (second tranche) at a concessional interest rate of 5%.
Budget Allocation:
- The Vishwakarma Yojana has been allocated a budget ranging from ₹13,000 crore to ₹15,000 crore for five financial years from 2023-2024 to 2027-2028.
Skill Training and Tools:
- The scheme offers a stipend of ₹500 for skill training and ₹1,500 for the acquisition of modern tools.
Diverse Traditional Trades:
- Encompassing both rural and urban areas, the scheme covers 18 traditional trades such as carpentry, boat-making, blacksmithing, pottery, sculpting, cobbling, tailoring, and more.
Registration Process:
- Registration for the Vishwakarma Yojana can be completed at common services centers situated in villages.
Collaborative Support:
- While the central government provides funding, collaboration with state governments is also sought for the successful implementation of the scheme.
Market Integration:
- A significant goal of the scheme is to seamlessly integrate artisans into domestic and global value chains, opening doors to improved market access and opportunities.
-Source: The Hindu