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PM Vishwakarma scheme launched to support traditional crafts and artisans

One sentence summary – Prime Minister Narendra Modi will launch the PM Vishwakarma scheme, which aims to support traditional crafts, culture, and heritage, with a budget of ₹13,000 crore over five years, providing financial assistance, incentives, and marketing support to artisans across India.

At a glance

  • Prime Minister Narendra Modi to launch PM Vishwakarma scheme on September 17
  • Initiative aimed at supporting traditional crafts, culture, and heritage
  • ₹13,000 crore budget allocated by Cabinet Committee on Economic Affairs
  • Scheme to run for five financial years, from 2023-24 to 2027-28
  • Main objective is to provide financial assistance to traditional craftspeople and artisans

The details

Prime Minister Narendra Modi is set to launch the PM Vishwakarma scheme on September 17.

This initiative is aimed at supporting traditional crafts, culture, and heritage.

The scheme was mentioned by Mr. Modi during his Independence Day address.

The Cabinet Committee on Economic Affairs has allocated a budget of ₹13,000 crore for the scheme.

The PM Vishwakarma scheme will run for five financial years, from 2023-24 to 2027-28.

Its main objective is to provide financial assistance to traditional craftspeople and artisans across India.

The scheme also aims to preserve and promote traditional crafts, ensuring their sustainability for future generations.

Artisans can register on the dedicated PM Vishwakarma portal using their biometric details to avail the benefits of the scheme.

Once registered, artisans can access a range of incentives and support mechanisms.

A key feature of the scheme is the provision of a PM Vishwakarma certificate and ID card.

This certificate and ID card serve as recognition of an artisan’s skills and contribution to the craft sector.

The recognition aims to enhance the visibility and credibility of artisans, both nationally and internationally.

The scheme also offers various incentives to promote skill upgradation among artisans.

This includes a toolkit incentive of ₹15,000, which can be used to acquire necessary tools and equipment for their craft.

Artisans will also have access to collateral-free credit support.

This support aims to facilitate their financial growth and enable them to expand their businesses.

The PM Vishwakarma scheme provides incentives for artisans who engage in digital transactions.

This encourages artisans to adapt to modern payment methods and facilitates their participation in the digital economy.

The scheme also offers marketing support to help artisans market their products.

This assistance aims to connect artisans with potential buyers, both domestic and international, facilitating the growth and expansion of their businesses.

The launch of the PM Vishwakarma scheme by Prime Minister Narendra Modi underscores the government’s commitment to preserving traditional crafts and supporting artisans financially.

With an allotted budget of ₹13,000 crore, this ambitious scheme is expected to have a significant impact on the lives of artisans across the country.

It aims to promote the rich cultural heritage of India and ensure its sustenance for generations to come.

The information provided in this brief is based on multiple sources and has been collated and condensed for the purpose of this news article.

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A group of artisans surrounded by vibrant colors, showcasing their traditional crafts with pride.

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thehindu.com
– The Centre’s new scheme for artisans, PM Vishwakarma, will be launched by Prime Minister Narendra Modi on September 17.
The scheme was mentioned by Mr. Modi in his Independence Day address and has been allotted ₹13,000 crore by the Cabinet Committee on Economic Affairs.
The scheme will be available for traditional craftspeople and artisans for five financial years from 2023-24 to 2027-28.
The Prime Minister’s Office stated that the scheme aims to support artisans financially and preserve traditional crafts, culture, and heritage.
– Artisans can register in the PM Vishwakarma portal using biometrics.
The scheme offers recognition through PM Vishwakarma certificate and ID card, skill upgradation, toolkit incentive of ₹15,000, collateral-free credit support, and incentive for digital transactions and marketing support.

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