Upto 60% Off on UPSC Online Courses

Avail Now

PM Vishwakarma Scheme: Status, Benefits, and Implementation Mechanism

Context: As per the data from the Ministry of Skill Development and Entrepreneurship (MSDE), PM Vishwakarma Scheme has received over 21 lakh applications in the two and half months after its launch.

PM Vishwakarma Scheme: Application Status

  • The highest number of applications had come from Karnataka (6.28 lakh), followed by West Bengal (4.04 lakh), Assam (1.83 lakh), Uttar Pradesh (1.53 lakh) and Andhra Pradesh (1.21 lakh). 
  • In contrast, 15 States including Haryana, Kerala, Chhattisgarh, Himachal Pradesh, Uttarakhand, and northeastern States, have sent less than 10,000 applications each.

Enroll now for UPSC Online Course

Who was Vishwakarma?

  • Vishwakarma is a god in Hindu Mythology, who is believed to be the architect of gods, a divine carpenter, and a master craftsman. 
  • Some sources mention that he was the architect of the mythical city of Lanka in epic Ramayana, which is based on the present country Sri Lanka. 
  • He is also considered the creator of the great images of Jagannatha at Puri in Odisha. 
  • Due to these legends, he is considered as the patron god of artists and craftsmen. 

PM Vishwakarma Scheme: Aim, Coverage, and Implementation

  • Aim: PM Vishwakarma scheme aims to improve the quality and reach of the products and services of artisans and craftsmen to ensure that they are integrated into the domestic and global value chains with high-value products. 
  • Coverage: 18 types of traditional trades will be covered under the scheme initially for providing benefits to the people engaged in these trades ( such as Carpenter, Cobbler, Boat Maker, Mason, Armourer, Blacksmith, Basket/Mat/Broom Maker/Coir Weaver, Hammer & Tool Kit Maker).
  • Implementation: The Vishwakarma scheme will be implemented as a Central Sector Scheme, with an initial outlay of Rs 13,000 crore. 
  • Nodal Ministry: MoMSME will be the Nodal Ministry for the Scheme.
    • Cojointly 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.
    • The workers will be registered at Common Service Centres, in the biometric-based portal for free.  
  • Outcome: The Vishwakarma Scheme will help to enhance the skills of the workers and provide access to formal credit through lead banks of the area. 

Enroll now for UPSC Online Classes

PM Vishwakarma Scheme: Benefits

  • Recognition: PM Vishwakarma Certificate and ID Card: A unique digital number shall be created and reflected on the certificate and the ID Card. The certificate shall enable the applicant’s recognition as a Vishwakarma and shall make him/her eligible to avail of all the benefits under the Vishwakarma Scheme. 
  • Skill Upgradation: Aimed at enhancing the capabilities of traditional artisans and craftspeople, who have been working with hands and traditional tools for generations. This intervention consists of three components: Skill Assessment, Basic Training, and Advanced Training
  • Toolkit Incentive: An incentive of up to Rs. 15,000 will be provided to the beneficiary after the Skill Assessment at the start of Basic Training. The incentive will be disbursed to the beneficiaries through e-RUPI/ e-vouchers which can be utilized at designated centres to procure improved toolkits. 
  • Credit Support: Access to affordable credit under the Vishwakarma Scheme will be facilitated. The beneficiary must have undergone Skill Assessment and completed Basic Training to be eligible to avail first tranche of credit support of up to Rs 1 lakh
  • Incentive for Digital Transactions: Incentivize digital transactions undertaken by the artisans and craftspeople through cashback. The online transaction trail created is expected to enhance the credit score of the artisans.
  • Marketing Support: Marketing support in the form of quality certification, branding, advertising, publicity, and other marketing activities would be extended to the beneficiaries to improve their linkage to the value chain of MSMEs and established companies.

Enroll now for UPSC Online Classes

PM Vishwakarma Scheme: Implementation Mechanism

  • There will be a three–tier verification and approval process for the registration of beneficiaries;
  • Stage 1: Verification at Gram Panchayat or ULB Level.
  • Stage 2: Vetting and Recommendation by the District Implementation Committee.
  • Stage 3: Approval by the Screening Committee (chaired by an officer of the Office of DC-MSME along with the State Lead Bank Manager and representatives of MSDE).

Source: The Hindu

 

Print Friendly, PDF & Email

To get PDF version, Please click on "Print PDF" button.

Print Friendly, PDF & Email

Need help preparing for UPSC or State PSCs?

Connect with our experts to get free counselling & start preparing

 Final Result – CIVIL SERVICES EXAMINATION, 2023.   Udaan-Prelims Wallah ( Static ) booklets 2024 released both in english and hindi : Download from Here!     Download UPSC Mains 2023 Question Papers PDF  Free Initiative links -1) Download Prahaar 3.0 for Mains Current Affairs PDF both in English and Hindi 2) Daily Main Answer Writing  , 3) Daily Current Affairs , Editorial Analysis and quiz ,  4) PDF Downloads  UPSC Prelims 2023 Trend Analysis cut-off and answer key

THE MOST
LEARNING PLATFORM

Learn From India's Best Faculty

      

 Final Result – CIVIL SERVICES EXAMINATION, 2023.   Udaan-Prelims Wallah ( Static ) booklets 2024 released both in english and hindi : Download from Here!     Download UPSC Mains 2023 Question Papers PDF  Free Initiative links -1) Download Prahaar 3.0 for Mains Current Affairs PDF both in English and Hindi 2) Daily Main Answer Writing  , 3) Daily Current Affairs , Editorial Analysis and quiz ,  4) PDF Downloads  UPSC Prelims 2023 Trend Analysis cut-off and answer key

Quick Revise Now !
AVAILABLE FOR DOWNLOAD SOON
UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format
Integration of PYQ within the booklet
Designed as per recent trends of Prelims questions
हिंदी में भी उपलब्ध
Quick Revise Now !
UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format
Integration of PYQ within the booklet
Designed as per recent trends of Prelims questions
हिंदी में भी उपलब्ध

<div class="new-fform">







    </div>

    Subscribe our Newsletter
    Sign up now for our exclusive newsletter and be the first to know about our latest Initiatives, Quality Content, and much more.
    *Promise! We won't spam you.
    Yes! I want to Subscribe.