PM Vishwakarma scheme
a new scheme, called ‘PM Vishwakarma’, aims at improving the quality as well as the reach of products and services of artisans and craftspeople and to ensure that the Vishwakarmas are integrated into the domestic and global value chains. It is the goal of this Scheme to offer holistic end-to-end support to the Vishwakarmas, i.e. the artisans and craftspeople, to enable them to move up the value chain in their respective trades.
PM Vishwakarma will be implemented as a Central Sector Scheme, fully funded by the Government of India, with an initial outlay of Rs 13,000 crore.
The Scheme will be conjointly implemented by the Ministry of Micro, Small and Medium Enterprises (MoMSME), the Ministry of Skill Development and Entrepreneurship (MSDE) and the Department of Financial Services (DFS), Ministry of Finance (MoF), Government of India.
PM Vishwakarma will be initially implemented for five years up to 2027-28.
PM Vishwakarma eligible trade list: view now _
Objective of PM Vishwakarma:
• To enable the recognition of artisans and craftspeople as Vishwakarma, making them eligible to avail all the benefits under the Scheme.
• To provide skill upgradation to hone their skills and make relevant and suitable training opportunities available to them.
• To provide support for better and modern tools to enhance their capability, productivity, and quality of products and services.
• To provide the beneficiaries an easy access to collateral free credit and reduce the cost of credit by providing interest subvention.
• To provide incentives for digital transactions to encourage digital empowerment of Vishwakarmas.
• To provide a platform for brand promotion and market linkages to help them access new opportunities for growth.
Benefits under PM Vishwakarma
PM Vishwakarma is a holistic Scheme that envisages to provide end-to-end support to the artisans and craftspeople through
the following components:
a. Recognition: PM Vishwakarma Certificate and ID Card
b. Skill Upgradation
c. Toolkit Incentive
d. Credit Support
e. Incentive for Digital Transactions
f. Marketing Support
Eligibility for PM Vishwakarma
An artisan or craftsperson working with hands and tools and engaged in one of the family-based traditional trades specified , in the unorganized or informal sector, on self-employment basis, shall be eligible for registration under PM Vishwakarma.
(i) The minimum age of the beneficiary should be 18 years on the date of registration.
(ii) The beneficiary should be engaged in the trades concerned on the date of registration and should not have availed loans under similar credit-based schemes of Central Government or State Government for self-employment/ business development, e.g. PMEGP,
PM SVANidhi, MUDRA, in the past 5 years. However, the beneficiaries of MUDRA and SVANidhi who have fully repaid their loan, will be eligible under PM Vishwakarma. This period of 5 years will be calculated from the date of sanction of the loan.
(iii) The registration and benefits under the Scheme shall be restricted to one member of the family. For availing benefits under the Scheme, a ‘family’ is defined as consisting of the husband, wife and unmarried children.
(iv) A person in government service and his/her family members shall not be eligible under the Scheme.
https://todaynewslife.com/pradhan-mantri-shram-yogi-maan-dhaan-pm-sym-scheme/