By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest News, News Today – Bollywood, Trending, India, World, Business, Politics – HNN
  • India
  • World
  • Health
  • Education
  • More
    • Travel
    • Science
    • Fashion
    • Lifestyle
    • Photos
    • Videos
Notification
  • HomeHome
  • Politics
  • Business
  • Sports
  • Entertainment
Personalize
Latest News, News Today – Bollywood, Trending, India, World, Business, Politics – HNNLatest News, News Today – Bollywood, Trending, India, World, Business, Politics – HNN
Aa
  • HomeHome
  • Politics
  • Business
  • Sports
  • Entertainment
Search
  • Quick Access
    • Home
    • History
    • My Saves
    • My Interests
    • My Feed
  • Categories
    • Economy
    • Travel
    • Gossip
    • Business
    • Fashion
    • Politics
    • Sports
    • Health

Top Stories

Explore the latest updated news!
bihar school system

Our opinions of the Bihar school system: Is it good for Bihar or bad for Bihar? is it the main reason for the current situation?

adityaram

Adityaram Real Estate Tycoon Biography

1
Screenshot 2025 04 25 105348

Top Menopause Diets

HNN News © 2023, All Rights Reserved.
Latest News, News Today – Bollywood, Trending, India, World, Business, Politics – HNN > Blog > Blog > Vishwakarma Scheme: PM Modi Enthusiastically Introduces The Inspiring Vishwakarma Scheme in 2023
BlogEducationIndia

Vishwakarma Scheme: PM Modi Enthusiastically Introduces The Inspiring Vishwakarma Scheme in 2023

Last updated: 2023/09/17 at 9:54 PM
By Abhay Patel
Share
Vishwakarma Scheme
SHARE

On 17th September 2023, PM Narendra Modi Introduces The Vishwakarma Scheme For Traditional Craftspeople And Craftsmen and Exhorts People To Be “Vocal For Local.”

Contents
Overview of Vishwakarma SchemeVishwakarma Kaushal Samman (PM VIKAS) YojanaVishwakarma Scheme : Reviving Traditional CraftsVishwakarma Scheme : Economic Empowerment and Livelihood GenerationPromoting “Vocal for Local”Conclusion

Vishwakarma Scheme : Prime Minister Narendra Modi introduced the PM Vishwakarma Scheme on Sunday to offer collateral-free loans and skill development to 18 categories of traditional artisans and craftspeople, claiming that it was urgently necessary to recognize and promote “Vishwakarmas”. The PM Vishwakarma Scheme would provide guarantee-free loans of up to Rs 3 lakh, a voucher to purchase toolkits, and access to a five-day skill-building course for artisans.

Overview of Vishwakarma Scheme

The program will cost Rs 13,000 crore over five years, through 2027–2028. Speaking at the opening of Yashobhoomi, the India International Convention Center in Delhi’s Dwarka, Prime Minister Modi also noted that India is rapidly rising to prominence as a conference tourism hotspot and that the new facility, along with the “Bharat Mandapam,” will serve as a platform for showcasing the India of the future.

Vishwakarma Scheme

Vishwakarma Scheme : In a bid to empower traditional craftspeople and artisans and promote the “Vocal for Local” initiative, Prime Minister Narendra Modi has introduced the Vishwakarma Scheme. This visionary program aims to provide crucial support and recognition to the unsung heroes of India’s rich cultural heritage—the skilled craftsmen and craftswomen who have been preserving and perpetuating traditional crafts for generations. The Vishwakarma Scheme is set to not only uplift the livelihoods of artisans but also celebrate the diversity and craftsmanship that make India truly unique.

PM Narendra Modi noted the rising demand for handcrafted goods and claimed major international corporations outsource their work to local businesses. “We are aiming to get our Vishwakarma friends receive this outsourced job so they may join the global supply chain. That is why this plan is an attempt to bring the Vishwakarma friends up to date, he remarked at the inauguration ceremony, which fell on both his birthday and Vishwakarma Jayanti.

According to Modi, India currently only accounts for 1% of conference tourism worldwide. He added that international exhibition centers like Yashobhoomi and Bharat Mandapam will help to improve this percentage. “I want to assure the artisans who are virtually joining from rural places that this center will present your work to the entire world. It will be crucial in expanding the market for Indian goods, according to Modi.

Vishwakarma Scheme

Additionally, he emphasized the “One District, One Product” program and underlined how the PM Svanidhi Scheme opens up banking channels for street vendors. The prime minister declared, “Modi stands for those who have no one to care about them.” In his words, he was here to help, to provide them a life of dignity, and to make sure that services were provided on time every time. According to an official statement that quoted him, “This is Modi’s guarantee.”

He added that the commitment to “vocal for local” is the duty of the entire nation. Before we can take the local global, we must first speak out for the local, he continued. The prime minister stated that the “development of the deprived” is a top priority for the central government.

The PM Vishwakarma Scheme would provide guarantee-free loans of up to Rs 3 lakh, a voucher to purchase toolkits, and access to a five-day skill-building course for artisans. Finance Minister Nirmala Sitharaman, Commerce and Industry Minister Piyush Goyal, MSME Minister Narayan Rane, and Skill Development Minister Dharmendra Pradhan attended the launch alongside Prime Minister Modi.

18 categories of artists and craftspeople, including carpenters, boat builders, blacksmiths, potters, stone sculptors, weavers, and garland makers, are targeted under the PM Vishwakarma scheme, which is run by the MSME Ministry. The program would provide beneficiaries with a 5-day training course for the skills development component, along with a daily stipend of Rs 500. Additionally, it would provide them a coupon for Rs. 15,000 so they can purchase the toolkits they need for their trade. In his speech, PM Modi made the request to the artisans, “I request the artisans to buy only Made in India toolkits and from GST registered stores.”

Vishwakarma Scheme

Beneficiaries would first be eligible for an interest-free loan of Rs 1 lakh under the financial aid part of the program, which they would have to repay within 18 months. Upon repayment, they will be eligible for a second loan tranche worth Rs 2 lakh with a 5% interest rate. Beneficiaries would also receive a subsidy of up to 8% of the interest amount, said Finance Minister Sitharaman. She continued by saying that the verification of beneficiaries would take place at three levels, namely the state, district collector, and gram panchayat levels. The final beneficiary list will be created by committees, according to her, who will also identify these individuals.

Additionally, the PM Vishwakarma scheme’s financial assistance component is guarantee-free. The prime minister claimed that the reason why banks do not request your guarantee is because Modi provides it.

According to the plan, the beneficiary will pay a low interest rate of 5%, with the Ministry of Micro, Small, and Medium Enterprises covering the remaining 8% of the interest. The Center will pay the credit guarantee fees. About 30 lakh households of traditional artisans and craftspeople, including weavers, goldsmiths, blacksmiths, laundry workers, and barbers, are expected to profit from the program.

Vishwakarma Scheme

The prime minister also emphasized the value of artisans in contemporary society, noting that their trade remains essential despite advancements in technology. “These artists will always be required, regardless of how much technology develops. People prefer drinking from (earthen) pots these days, even with refrigerators, he remarked.

In light of impending national holidays like Ganesh Chaturthi, Dhanteras, Deepawali, and others, the prime minister asked people to support local businesses by purchasing goods made by the Vishwakarma family in particular.

Along with the program, PM Modi also unveiled a toolkit guide for artisans that was printed in several different languages and postal stamps that were based on the program. A blacksmith from Punjab, a boat builder from Kerala, a basket maker from Tripura, and a tailor from Jammu & Kashmir were among the artists to get the PM Vishwakarma certificate from him.

He also looked at the 3D model of Yashobhoomi and got a tour of the exhibition, Guru-Shishya Parampara and New Technology. The Delhi Airport Metro Express line’s extension from Dwarka Sector 21 to a new metro station, “Yashobhoomi Dwarka Sector 25,” was officially opened by the Prime Minister earlier in the day.

Vishwakarma Scheme

Modi announced the Vishwakarma Yojana would be introduced soon during his Independence Day speech. Following this, the initiative intended to help people trained in traditional craftsmanship was authorized by the Cabinet Committee on Economic Affairs, which is chaired by the Prime Minister.

The government had stated in a statement that the scheme intends to strengthen and nurture the “guru-shishya parampara” (teacher-pupil tradition) or family-based practice of traditional skills by craftsmen and craftspeople using their hands and tools.

A PM Vishwakarma certificate and ID card, as well as credit support up to Rs 1 lakh (first tranche) and Rs 2 lakh (second tranche) at a reduced interest rate of 5%, will be given to artisans and craftspeople as part of the program. Additionally, the program will include marketing assistance, toolbox incentives, skill upgrades, and digital transactions.

Vishwakarma Scheme

Vishwakarma Kaushal Samman (PM VIKAS) Yojana

Nirmala Sitharaman, the finance minister, launched the PM Vishwakarma Kaushal Samman (PM VIKAS) Yojana for traditional artists and craftspeople in the budget for 2023–2024. “A package of help for them has been conceptualized for the first time. They will be able to integrate their products with the MSME value chain and increase the quality, scope, and reach of their offerings thanks to the new program.

The scheme’s components will also include access to advanced skill training, knowledge of cutting-edge digital procedures, familiarity with effective green technologies, brand marketing, integration with regional and international markets, digital payments, and social security in addition to financial support. The Scheduled Castes, Scheduled Tribes, OBCs, women, and members of the disadvantaged sections will profit enormously from this, she had stated.

Vishwakarma Scheme : Reviving Traditional Crafts

The Vishwakarma Scheme is a significant step towards reviving and rejuvenating traditional crafts that have been handed down through centuries. India boasts a stunning array of traditional crafts, ranging from handwoven textiles and pottery to intricate jewelry and woodwork. These crafts not only reflect the heritage of our country but also contribute significantly to the rural economy.

Vishwakarma Scheme

Under this scheme, traditional craftspeople will receive much-needed financial assistance, training, and marketing support. This will enable them to preserve and enhance their skills, as well as market their products more effectively. The goal is to ensure that these artisans can continue to create their beautiful crafts while also improving their socio-economic conditions.

Vishwakarma Scheme : Economic Empowerment and Livelihood Generation

One of the primary objectives of the Vishwakarma Scheme is to provide economic empowerment to traditional craftspeople. By supporting and promoting their crafts, the government aims to create sustainable livelihood opportunities for millions of artisans across India. This initiative will not only help these artisans earn a more dignified living but also prevent the migration of skilled craftsmen to urban areas in search of better opportunities.

Moreover, this scheme aligns perfectly with the “Atmanirbhar Bharat” (self-reliant India) vision. By investing in traditional crafts and promoting local products, the country can reduce its reliance on imports and boost its own economy. This self-sufficiency is a crucial step towards building a robust and resilient nation.

Vishwakarma Scheme

Promoting “Vocal for Local”

Prime Minister Modi’s call to be “Vocal for Local” has gained significant traction across the nation. It emphasizes the importance of supporting local businesses, products, and artisans. The Vishwakarma Scheme complements this initiative by not only supporting local artisans but also encouraging consumers to choose locally made products.

When you buy a handcrafted item, you’re not just purchasing a product; you’re investing in the heritage, skill, and creativity of an artisan. The Vishwakarma Scheme, along with the “Vocal for Local” campaign, urges every Indian to take pride in their local craftsmanship and heritage, thereby contributing to the growth of traditional industries.

Vishwakarma Scheme

Conclusion

The introduction of the Vishwakarma Scheme by Prime Minister Narendra Modi represents a significant stride towards preserving and promoting India’s traditional crafts and supporting the artisans behind them. By providing financial assistance, training, and marketing support, this initiative not only uplifts the livelihoods of craftsmen but also celebrates the diversity and richness of India’s cultural heritage.

In a world that increasingly values mass production and uniformity, the Vishwakarma Scheme reminds us of the beauty and uniqueness of handmade crafts. It encourages us all to be “Vocal for Local,” supporting the artisans who have dedicated their lives to preserving India’s age-old traditions and crafts. This scheme isn’t just an economic initiative; it’s a cultural celebration of India’s incredible craftsmanship and a testament to the power of collective support for local artisans.

ALSO READ : Vishwakarma Yojana 2023: Exciting Online Application, Save The Start Date, And Secure Your Registration

TAGGED: Education, HNN, HNN News, HYBRIQUES NEWS NETWORK, India, PM Narendra Modi, Vishwakarma Scheme
Share This Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

bihar school system
Our opinions of the Bihar school system: Is it good for Bihar or bad for Bihar? is it the main reason for the current situation?
Education Blog
adityaram
Adityaram Real Estate Tycoon Biography
Lifestyle Entertainment
Screenshot 2025 04 25 105348
Top Menopause Diets
Health
the Namami Gange Program
The Namami Gange Program is taking place in real life or on paper
Education Health India Lifestyle News Politics
Plant-based diets
Plant-Based Diets
Lifestyle Health
Jadugoda
North India’s Most Radioactive Location Jadugoda Turns Into A Cemetery For The Locals
Health India Lifestyle News
Aadar Jain Called His Past Relationships 'Time Pass'
Aadar Jain Called His Past Relationships ‘Time Pass,’ Netizens Say, ‘That’s So Mean’
Entertainment
yuzvendra-chahal-divorced-with-dhanashree-verma
Inside Yuzvendra Chahal’s Rs 45 Crore Net Worth, Did Dhanashree Verma Demand 60 Crore? Here’s The Truth
Entertainment
hina khan writes a moving note for boyfriend rocky jaiswal 262536899 16x9 0
Rocky Jaiswal, Hina Khan’s Boyfriend, Comes With ‘Baarat’ For Her, And The Couple Receives A Grand Welcome
Entertainment Fashion Trending
Screenshot 2025 02 23 005100
Is TikTok Being Acquired By MrBeast Here Is All The Information You Require
Blog Gossip World
Human Metapneumovirus ( HMPV )
Diagnosis And Tests Of Human Metapneumovirus ( HMPV ) In India
Health
Ahsaas Channa, 'Vinny' From 'Mismatched 3', Finally Reveals Whether She Is Dating 'Anmol', Taaruk In Real Life
Ahsaas Channa, ‘Vinny’ From ‘Mismatched 3’, Finally Reveals Whether She Is Dating ‘Anmol’, Taaruk In Real Life
Entertainment
Pushpa 2
Pushpa-Raj Has Hit The Box Office, Allu Arjun’s Pushpa 2 Is Already The Second-Highest Grossing Movie Of 2024
Entertainment
Atul Subhash's Last Goodbye Letter to 4-year-old son
Atul Subhash’s Last Goodbye Letter To 4-Year-Old Son, ‘You Shall Know Mom’s Real Face’ 
India
Karan Johar Asked Maheep Kapoor about Shalini Passi's Popularity Is Threatened
Karan Johar Asked Maheep Kapoor If Shalini Passi’s Popularity Is Threatened, Her Response Goes Viral
Entertainment
Heart Arrhythmias
An Overview Of Heart Arrhythmias for Patients An Overview Of Heart Arrhythmias For Patients
Health Lifestyle
endometrial cancer,
An Overview Of Endometrial Cancer For Patients
Health
natasha stankovic
Natasa Stankovic, Hardik Pandya’s Ex-Wife, Talks About Leaving India With Their Son Agastya Post Divorce
Entertainment
Women's Asian Champions Trophy 2024
Women’s Asian Champions Trophy 2024 hockey
Sports
Reduce blood pressure
Exercise For Just Five More Minutes A Day Could Reduce Blood Pressure
Health Sports
Medicare Errors
The Most Typical Medicare Errors And How To Prevent 
Health
Anushka Sharma Shares First Look At Akaay
Anushka Sharma Shares First Look At Akaay With ‘Didi’, Vamika, And Dad, Virat Kohli
Entertainment
Shahrukh khan Birthday celebration
Shah Rukh Khan’s Journey, From 100 To 0 Cigarettes A Day, Say, ‘Good Thing, I’m Not Smoking
Entertainment
Deepika Padukone, A New Mother, Reveals How Her Newborn Dua's Antics Make Her Heart Burst
Deepika Padukone, A New Mother, Reveals How Her Newborn Dua’s Antics Make Her Heart Burst
Entertainment
Unseen Photos From Aditi Rao Hydari And Siddharth's Wedding Unveiled
Unseen Photos From Aditi Rao Hydari And Siddharth’s Wedding Unveiled
Entertainment
Shah Rukh Khan Gets Ready For Diwali
As Shah Rukh Khan Gets Ready For Diwali And The Celebration Of His 59th Birthday, Mannat Lights Up
Entertainment
Bigg Boss 18, Vivian Dsena's Wife Reaction On Receiving The Most Black Hearts
Bigg Boss 18, Vivian Dsena’s Wife Reaction On Receiving The Most Black Hearts
Entertainment
Surbhi Jyoti Marries Longtime Beau Sumit Suri And Shares Lovely Wedding Photos
Surbhi Jyoti Marries Longtime Beau Sumit Suri And Shares Lovely Wedding Photos
Entertainment
Himanshi Tekwani's Husband, Boasts About Being
Rishi, Himanshi Tekwani’s Husband, Boasts About Being ‘Mama’s Boy’ After Defending His Parents
Entertainment
Isha Ambani Dedicates Her 'Icon Of The Year' Award To Her Daughter, Aadiya
Isha Ambani Dedicates Her ‘Icon Of The Year’ Award To Her Daughter, Aadiya
Entertainment

Related Stories

Uncover the stories that related to the post!
bihar school system
EducationBlog

Our opinions of the Bihar school system: Is it good for Bihar or bad for Bihar? is it the main reason for the current situation?

adityaram
LifestyleEntertainment

Adityaram Real Estate Tycoon Biography

1
Screenshot 2025 04 25 105348
Health

Top Menopause Diets

the Namami Gange Program
EducationHealthIndiaLifestyleNewsPolitics

The Namami Gange Program is taking place in real life or on paper

Plant-based diets
LifestyleHealth

Plant-Based Diets

Jadugoda
HealthIndiaLifestyleNews

North India’s Most Radioactive Location Jadugoda Turns Into A Cemetery For The Locals

Aadar Jain Called His Past Relationships 'Time Pass'
Entertainment

Aadar Jain Called His Past Relationships ‘Time Pass,’ Netizens Say, ‘That’s So Mean’

1 1
yuzvendra-chahal-divorced-with-dhanashree-verma
Entertainment

Inside Yuzvendra Chahal’s Rs 45 Crore Net Worth, Did Dhanashree Verma Demand 60 Crore? Here’s The Truth

1
Show More
Latest News, News Today – Bollywood, Trending, India, World, Business, Politics – HNN

HNN delivers the latest news and breaking news today for Business, Economy, Entertainment, World, India, Politics, Health, Sports, Technology, and Science at news.hybriques.com

Categories:
  • India
  • World
  • Health
  • Education
  • Travel
  • Fashion

Quick Links

  • My Feed
  • My Interests
  • History
  • My Saves

About US

  • Adverts
  • Our Jobs
  • Term of Use

HNN News © 2023, All Rights Reserved.

Welcome Back!

Sign in to your account

Register Lost your password?