{"id":256572,"date":"2023-08-18T21:05:18","date_gmt":"2023-08-18T15:35:18","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=256572"},"modified":"2023-08-29T12:51:23","modified_gmt":"2023-08-29T07:21:23","slug":"licence-to-skill-gois-scheme-for-craftspeople-is-a-good-idea-but-its-success-critically-depends-on-finding-markets","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/licence-to-skill-gois-scheme-for-craftspeople-is-a-good-idea-but-its-success-critically-depends-on-finding-markets\/","title":{"rendered":"Licence To Skill \u2013 GOI\u2019s scheme for craftspeople is a good idea but its success critically depends on finding markets"},"content":{"rendered":"

Source<\/strong>: The post is based on the article\u00a0\u201c<\/strong>Licence To Skill \u2013 GOI\u2019s scheme for craftspeople is a good idea but its success critically depends on finding markets<\/strong>\u201d published in The Times of India <\/strong>on\u00a018th<\/sup> August 2023<\/strong>.<\/p>\n

Syllabus: <\/strong>GS 2 \u2013 Government policies and interventions aimed at development in various sectors and issues arising out of their design and implementation.<\/strong><\/p>\n

Relevance: <\/strong>concerns with the PM <\/strong>Vishwakarma Scheme.<\/strong><\/p>\n

News: <\/strong>Recently, the government came up with the PM Vishwakarma Scheme.<\/p>\n

What is the PM Vishwakarma Scheme?<\/strong><\/h2>\n

Read Here: <\/strong>\u2018Vishwakarma scheme will aid 30 lakh artisan families<\/strong><\/a><\/p>\n

It provides \u20b913,000 crore over 5 years as concessional loans, mainly benefiting OBCs. Craftspeople with the relevant documents will be eligible for a loan of up to Rs 3 lakh.<\/p>\n

What are the challenges with the scheme?<\/strong><\/h2>\n

Market Access:<\/strong> The scheme focuses on preserving family-based traditional skills. However, the main obstacle is accessing markets<\/strong> because<\/strong> traditional practices often can’t match modern costs.<\/p>\n

Hence, to be economically effective, the scheme needs to connect these skills to market value chains.<\/p>\n

Modern Job Skills:<\/strong> The scheme\u2019s soft loan approach will benefit many involved in traditional jobs, but India’s economic progress requires modern job skills.<\/p>\n

Modern sectors align with the aspirations of young individuals from families with traditional occupations. However, Vishwakarma’s approach isn’t sufficient<\/strong> to create a workforce for a modern economy.<\/p>\n

What can be the way ahead?<\/strong><\/h2>\n

Preserving traditional skills is important for India’s cultural heritage. Hence, India could learn from Japan’s way of <\/strong>using fiscal resources and laws to keep their traditional skills alive while becoming a developed country.<\/p>\n

Vishwakarma can support traditional craftspeople, but its success in the long run will depend on making a market where they don’t have to compete solely based on lower costs.<\/p>\n","protected":false},"excerpt":{"rendered":"

Source: The post is based on the article\u00a0\u201cLicence To Skill \u2013 GOI\u2019s scheme for craftspeople is a good idea but its success critically depends on finding markets\u201d published in The Times of India on\u00a018th August 2023. Syllabus: GS 2 \u2013 Government policies and interventions aimed at development in various sectors and issues arising out of… Continue reading Licence To Skill \u2013 GOI\u2019s scheme for craftspeople is a good idea but its success critically depends on finding markets<\/span><\/a><\/p>\n","protected":false},"author":10320,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[212,8131],"class_list":["post-256572","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-2","tag-social-issues","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/256572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10320"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=256572"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/256572\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=256572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=256572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=256572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}