The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved the “PM Vishwakarma” with an outlay of ₹ 13,000 crore. The scheme, announced by Prime Minister Narendra Modi during his Independence Day speech on Tuesday (August 15), will be available for traditional craftspeople and artisans for five financial years from 2023-2024 to 2027-2028.
The Centre said in a release that the scheme aims to strengthen and nurture the “Guru-Shishya parampara” or the family-based practice of traditional skills by artisans and craftspeople working with their hands and tools.
“The scheme also aims at improving the quality, as well as the reach of products and services of artisans and craftspeople and to ensure that the Vishwakarmas are integrated with the domestic and global value chains,” it added.
