ENA Sectors 2024-01-22 17:16:15 <p><span style="font-size:14px"><strong>New Delhi, Jan 22 (KNN)</strong> The PM-Vishwakarma scheme, with the objective of linking Indian artisans to domestic and global supply chains, has garnered registrations from approximately 4.78 million people.</span></p> <p><span style="font-size:14px">Launched in September 2023, the Vishwakarma scheme is fully funded by the Centre, with a substantial allocation of Rs 13,000 crore.</span></p> <p><span style="font-size:14px">Among the registered participants, 0.77 million have completed level 1 verification, 0.33 million have successfully undergone the second stage verification, and 0.14 million applications have progressed to level three verification. Notably, 0.13 million applications have been fully registered.</span></p> <p><span style="font-size:14px">Analysts foresee the 'PM Vishwakarma Scheme' as having the potential to elevate the Indian craft sector into a multi-billion-dollar marketplace, provided it receives the necessary support and conducive business environment.</span></p> <p><span style="font-size:14px">Under this scheme, each artisan is entitled to recognition through a PM Vishwakarma certificate and ID card. Additionally, participants benefit from skill up-gradation through basic and advanced training programs, a toolkit incentive of Rs 15,000, collateral-free credit support up to Rs 1,00,000 in the first tranche, and Rs 2,00,000 in the second tranche, all at a concessional interest rate of 5 per cent. During training periods, artisans receive a daily allowance of Rs 500.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 36387 https://knnindia.co.in/news/newsdetails/sectors/over-4-million-artisans-enrol-in-pm-vishwakarma-scheme 2024-01-22 17:16:15 knnindia.co.in