Pradhan Mantri Vishwakarma Yojana

PM Vishwakarma, a Central Sector Scheme, was launched on 17th September 2023 by the Prime Minister to provide end-to-end support to artisans and craftspeople who work with their hands and tools. The Scheme covers artisans and craftspeople engaged in 18 trades, viz. Carpenter (Suthar/Badhai), Boat Maker, Armourer, Blacksmith (Lohar), Hammer and Tool Kit Maker, Locksmith, Goldsmith (Sonar), Potter (Kumhaar), Sculptor (Moortikar, stone carver), Stonebreaker, Cobbler (Charmkar)/ Shoesmith/Footwear artisan, Mason (Rajmistri), Basket/Mat/Broom Maker/Coir Weaver, Doll & Toy Maker (Traditional), Barber (Naai), Garland maker (Malakaar), Washerman (Dhobi), Tailor (Darzi) and Fishing Net Maker.

CSDCI participated in encouraging Vishwakarma for trade Mason which is categorised into four namely Brick Mason, Concrete Mason, Plastor Mason, and Tile Mason.

During the event, Our CEO Shri Narendra Deshpande spoke on the latest AR-VR technology. CSDCI takes a lot of initiatives to make training easy for all learners. One such initiative is AR-VR which enables learners to learn quickly, in safe conditions, yet experiencing real-world unsafe conditions. This also avoids the high consumable expenditure for training, as it keeps increasing with the increasing number of learners.

More about the PM Vishwakarma Yojana

The objectives –

  1. To enable the recognition of artisans and craftspeople as Vishwakarma making them eligible to avail all the benefits under the Scheme.
  2. To provide skill upgradayion to hone their skills and make relevant and suitable training opportunities available to them.
  3. To provide support for better and modern tools to enhance their capability, productivity, and quality of products.
  4. To provide the intended beneficiaries an easy access to collateral free credit and reduce the cost of credit by providing interest subvention.
  5. To provide incentives for digital transaction to encourage the digital empowerment of these Vishwakarmas.
  6. To provide a platform for brand promotion and market linkages to help them access new opportunities for growth.
Hon’able PM Shri Narendra Modi talking to our masons at CSDCI stall on the day of launch¬†

Scheme benefits –

1. Recognition РRecognition as Vishwakarma through Certificate and ID card

2. Skilling –

a. Skill Verification followed by 5-7 days (40 hrs) Basic Training

b. Interested candidates can also enroll for 15 days (120 hrs) Advanced Training.

c. Training Stipend – INR 500 per day

3. Toolkit Incentive – INR 15000 grant

4. Credit Support –

a. Collateral free Enterprise Development Loans – INR 1 lakh (First Tranche for 18 months repayment) and INR 2 lakh (Second Tranche for 30 months repayment)

b. Concessional Rate of Interest – 5% to be charged from the beneficiary with Interest Subvention cap of 8% to be paid by MoMSME

c. Credit Guarantee fees to be borne by GOI.

5. Incentive for Digital Transaction: INR 1 per transaction for maximum upto 100 transactions (monthly)

6. Marketing Support: National Committee for Marketing (NCM) will provide services such as Quality Certification, Branding and Promotion, E-commerce linkage, Trade Fairs advertising, publicity, and other marketing activities.

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