PM Vishwakarma Yojana: Master Trainers &; Assessors Program launched

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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 in2023
Nodal MinistryMinistry of Micro, Small & Medium Enterprise.
TypeCentral Sector Scheme
AimTo provide end-to-end support to artisans and craftspeople who work with their hands and tools
BeneficiariesThe Scheme covers artisans and craftspeople engaged in 18 trades such as carpenter, boat maker, blacksmith etc.
Benefits1.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 Criteria1.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.

UPSC Syllabus: Schemes and Programs

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