PM Vishwakarma Yojana

About PM Vishwakarma Yojana:

• It is a central sector scheme launched by the Ministry of Micro, Small, and Medium Enterprises.
• It offers services like market linkage support, skill training, and incentives for digital transactions to artisans and craftspeople engaged in specified trades.
• Time period: Five years (FY 2023-24 to FY 2027-28). 
• Aim: 
  • To strengthen and nurture the Guru-Shishya parampara, or family-based practice of traditional skills by artisans and craftspeople working with their hands and tools. 
  • The scheme also aims at improving the quality as well as the reach of the products and services of artisans and craftspeople and to ensure that the Vishwakarmas are integrated with the domestic and global value chains.

Eligibility& coverage:

• It is available for rural and urban artisans and craftsmen across India.
• It covers 18 traditional crafts such as Boat Maker; Armourer; Blacksmith; Hammer and Tool Kit Maker; etc.
• Five lakh families will be covered in the first year and 30 lakh families over five years.

Key Benefits

• Enhanced Access to Tooling Facilities: Improves MSMEs' access to tooling resources, boosting their efficiency and productivity.
• Industry-Ready Manpower:Provides training programs to equip participants with skills that meet industry standards.
• Support for Process and Product Development:Facilitates development initiatives within relevant sectors to enhance competitiveness.
• Consultancy and Job Work Services:Offers tailored consultancy and job work to address the specific needs of various industries.