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Pradhan Mantri Vishwakarma Kaushal Samman Yojana

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Pradhan Mantri Vishwakarma Kaushal Samman Yojana (PMVKSY)
CountryIndia
Prime Minister(s)Narendra Modi
MinistryMSME
Launched17 September 2023; 2 years ago (2023-09-17)
Coimbatore[1]
StatusActive
Websitepmvishwakarma.gov.in

Pradhan Mantri Vishwakarma Kaushal Samman Yojana (PMVKSY, transl. Prime Minister's Artisan Skill Honoring Scheme) or simply PM Vishwakarma Scheme[2] was launched by Ministry of Micro, Small and Medium Enterprises on 17 September 2023 to provide end-to-end support to artisans and craftspeople who work with their hands and tools.[3][4][5]

Overview

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It was proposed to support more than 3 million families through the scheme with a budgetary allocation of 130 billion (US$1.4 billion) between 2023-24 and 2027-28.[6][7] In the first year of its launch, 2.1 million applications were submitted.[8] As of 3 November 2024, a total of 25.8 million applications have been submitted, of which 2.37 million applicants have successfully registered after undergoing the required verification process.[9][10]

In February 2025, the Tamil Nadu government refused to implement the scheme marking it as ineffective.[11] Later, they proposed an inclusive artisan support scheme.[12][13]

Features

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The scheme provides two training levels both with a ₹500 daily stipend. It further supports artisans with up to ₹15,000 in tool kit e-vouchers, and comprehensive marketing assistance from the National Committee for Marketing (NCM), covering all the required documentation. [14][15][16] Moreover, It offers collateral-free business development loans with an interest rate of 5%.[17][18]

References

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  1. ^ "PM Vishwakarma Scheme launched in Coimbatore". The Hindu. 17 September 2023. Retrieved 10 February 2025.
  2. ^ "PM Vishwakarma Scheme is built to strengthen the artisan ecosystem, says Satya Kumar Yadav". The Hindu. 20 September 2024. Retrieved 1 February 2025.
  3. ^ "PM Modi to launch PM Vishwakarma scheme on September 17, 2023". The Hindu. 17 September 2023. Retrieved 1 February 2025.
  4. ^ Keshri, Gyanendra (17 September 2023). "PM Modi launches Rs 13,000-crore 'PM Vishwakarma' scheme for traditional workers". Deccan Herald. Retrieved 10 February 2025.
  5. ^ "What is the Vishwakarma scheme, launched for those engaged in traditional crafts and skills". The Indian Express. 26 June 2024. Retrieved 10 February 2025.
  6. ^ "PM Modi ने श्रमिकों के लिए शुरू की 13,000 करोड़ रुपये की पीएम विश्वकर्मा योजना, 30 लाख परिवारों को मिलेगा लाभ". Jagran (in Hindi). 17 September 2023. Retrieved 4 February 2025.
  7. ^ "Vishwakarma scheme will aid 30 lakh artisan families: Centre". The Hindu. 16 August 2023. Retrieved 10 February 2025.
  8. ^ Porecha, Maitri (10 December 2023). "21.15 lakh applications received under PM Vishwakarma Scheme, says Skill Ministry". The Hindu. Retrieved 10 February 2025.
  9. ^ "11 lakh artisans upskilled under PM Vishwakarma scheme since 2023". Moneycontrol. 12 November 2024. Retrieved 10 February 2025.
  10. ^ "Nearly 26 million applicants for PM Vishwakarma scheme, shows data". Business Standard. 3 November 2024. Retrieved 10 February 2025.
  11. ^ Henry, Nikhila (29 November 2024). "Decode Politics: Why DMK govt has labelled a Central scheme 'casteist', refused to implement it". The Indian Express. Retrieved 10 February 2025.
  12. ^ Nair, Shilpa (28 November 2024). "Tamil Nadu won't implement PM Vishwakarma scheme: MK Stalin tells Union Minister". India Today. Retrieved 10 February 2025.
  13. ^ Kumar, D. Suresh (28 November 2024). "Watch: Why Tamil Nadu won't implement the PM Vishwakarma Scheme". The Hindu. Retrieved 10 February 2025.
  14. ^ Ray, Abeer (16 February 2024). "PM Vishwakarma Yojana: Features, eligibility criteria and more". mint. Retrieved 9 February 2025.
  15. ^ "Explained: Vishwakarma scheme, benefits, objectives and eligibility". Moneycontrol. 18 September 2023. Retrieved 9 February 2025.
  16. ^ "PM Modi launches Vishwakarma Scheme for traditional artisans and craftspersons, urges people to be 'vocal for local'". The Indian Express. 18 September 2023. Retrieved 10 February 2025.
  17. ^ "PM inaugurates Vishwakarma Scheme, says government is committed to the uplift of the marginalised". The Hindu. 17 September 2023. Retrieved 4 February 2025.
  18. ^ "Loan for business: How to apply for loan under PM Vishwakarma Yojana; check loan amount, eligibility, application process". Business Today. 5 November 2024. Retrieved 9 February 2025.