What is the significance of the 'PM Vishwakarma' scheme launched by PM Modi

PM Modi has launched the 'PM Vishwakarma' scheme worth ₹13,000 crore for traditional workers.
The 'PM Vishwakarma' scheme launched by PM Modi is of significant importance for traditional workers in India. Here are the key points regarding the scheme:
  • Objective: The scheme aims to provide a boost to traditional industries and promote the welfare of traditional workers, such as carpenters, blacksmiths, weavers, masons, and other artisans.
  • Financial allocation: The scheme has a financial outlay of ₹13,000 crore, which showcases the government's commitment to supporting traditional workers and industries.
  • Employment generation: It is expected to generate employment opportunities for traditional workers, ensuring their livelihoods are protected and enhanced.
  • Capacity building: The scheme aims to enhance the skills and capabilities of traditional workers by providing them with necessary training and upskilling programs.
  • Market linkages: Special focus will be given on improving market linkages for traditional industries, enabling artisans to access better opportunities and create a sustainable income stream.
  • Institutional support: The scheme will establish support structures, such as common facility centers, design centers, and raw material warehouses, to facilitate the growth of traditional industries.
  • Technological upgradation: Modernizing traditional industries through the adoption of new technologies and innovation will be encouraged under the scheme.
  • Social security: The scheme will also promote social security benefits for traditional workers, ensuring they have access to schemes like health insurance and pension schemes.
Overall, the 'PM Vishwakarma' scheme aims to uplift traditional workers and industries by providing financial support, capacity building, market linkages, and social security measures.
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