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Source: The post is based on the article “PM Vishwakarma Yojana: Master Trainers & Assessors Program launched” published in “PIB” on 7th November 2023
Why in the News?
The Ministry of Skill Development & Entrepreneurship(MSDE) has announced the commencement of the Training of Master Trainers & Assessors Program under the PM Vishwakarma scheme.
What is the PM Vishwakarma Scheme?
| Aspects | Details |
| Launched in | 2023 |
| Nodal Ministry | Ministry of Micro, Small & Medium Enterprise. |
| Type | Central Sector Scheme |
| Aim | To provide end-to-end support to artisans and craftspeople who work with their hands and tools |
| Beneficiaries | The Scheme covers artisans and craftspeople engaged in 18 trades such as carpenter, boat maker, blacksmith etc. |
| Benefits | 1.Recognition of artisans through PM Vishwakarma certificate and ID card. 2.Skill Upgradation and advanced Training 3.Toolkit Incentive of upto Rs. 15,000 in the form of e-vouchers 4.Collateral free loans of upto Rs. 3 lakh at low rate of interest. 5.Incentive for Digital Transaction 6.Marketing Support in the form of quality certification, branding, onboarding on e-commerce platforms |
| Eligibility Criteria | 1.Minimum age of beneficiary should be 18 years. 2.The beneficiary should be engaged in the trade concerned. 3.Should not have availed loans under similar credit-based schemes of Central Government or State Government. 4.The registration and benefits under the Scheme shall be restricted to one member of the family. |
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