The Cabinet Committee on Economic Affairs, led by Prime Minister Narendra Modi, has approved the pioneering "PM Vishwakarma" Central Sector Scheme to preserve and promote ancient skills and craftsmanship. This initiative, with a considerable financial allocation of Rs. 13,000 crore covering five years from FY 2023-24 to FY 2027-28, is intended to revitalize the Guru-Shishya tradition and the handcrafted excellence heritage.
The driving force behind the PM Vishwakarma scheme is to fortify the bond between master artisans and their apprentices who diligently pass on the legacy of intricate skills and techniques. Additionally, the scheme seeks to enhance the quality and accessibility of products and services provided by artisans while seamlessly integrating them into both the domestic and global value chains.
A key facet of the PM Vishwakarma initiative involves the issuance of a distinctive PM Vishwakarma certificate and identification card to deserving artisans and craftspeople. This recognition will not only validate their expertise but also serve as a testament to their contribution to preserving cultural heritage. Moreover, the scheme will offer financial support through a two-tranche credit program, providing up to Rs. 1 lakh in the first tranche and Rs. 2 lakh in the second tranche, at an attractive concessional interest rate of 5%.
A toolkit incentive, coupled with incentives for embracing digital transactions and marketing endeavors, will further propel their journey towards economic self-reliance.
Geared to benefit artisans from both rural and urban landscapes across India, the PM Vishwakarma initiative will first encompass 18 traditional trades. These trades include (i) Carpenter (Suthar); (ii) Boat Maker; (iii) Armourer; (iv) Blacksmith (Lohar); (v) Hammer and Tool Kit Maker; (vi) Locksmith; (vii) Goldsmith (Sonar); (viii) Potter (Kumhaar); (ix) Sculptor (Moortikar, stone carver), Stone breaker; (x) Cobbler(Charmkar)/ Shoesmith/Footwear artisan; (xi) Mason (Rajmistri); (xii) Basket/Mat/Broom Maker/Coir Weaver; (xiii) Doll & Toy Maker (Traditional); (xiv) Barber (Naai); (xv) Garland maker (Malakaar); (xvi) Washerman (Dhobi); (xvii) Tailor (Darzi); and (xviii) Fishing Net Maker.
This initiative not only safeguards our heritage but also propels it onto the global stage, ensuring that the legacy of Vishwakarma continues to flourish for generations to come.