Union Cabinet approves new Central Sector Scheme ‘PM Vishwakarma’

Published By : Admin | August 16, 2023 | 20:30 IST
Scheme to have a financial outlay of Rs.13,000 crore
Eighteen traditional trades to be covered in the first instance under PM Vishwakarma

The Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi today approved a new Central Sector Scheme “PM Vishwakarma” with a financial outlay of Rs.13,000 crore for a period of five years (FY 2023-24 to FY 2027-28). The scheme aims to strengthen and nurture the Guru-Shishya parampara or 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.

Under PM Vishwakarma scheme, the artisans and craftspeople will be provided recognition through PM Vishwakarma certificate and ID card, Credit Support upto Rs.1 lakh (First Tranche) and Rs.2 lakh (Second Tranche) with a concessional interest rate of 5%. The Scheme will further provide Skill Upgradation, Toolkit Incentive, Incentive for Digital Transactions and Marketing Support.

The scheme will provide support to artisans and craftspeople of rural and urban areas across India. Eighteen traditional trades will be covered in the first instance under PM Vishwakarma. These trades include (i) Carpenter (Suthar); (ii) Boat Maker; (iii) Armourer; (iv) Blacksmith (Lohar); (v) Hammer and Tool Kit Maker; (vi) Locksmith; (vii) Goldsmith (Sonar); (viii) Potter (Kumhaar); (ix) Sculptor (Moortikar, stone carver), Stone breaker; (x) Cobbler(Charmkar)/ Shoesmith/Footwear artisan; (xi) Mason (Rajmistri); (xii) Basket/Mat/Broom Maker/Coir Weaver; (xiii) Doll & Toy Maker (Traditional); (xiv) Barber (Naai); (xv) Garland maker (Malakaar); (xvi) Washerman (Dhobi); (xvii) Tailor (Darzi); and (xviii) Fishing Net Maker.

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PM to address the 57th Convocation Ceremony of IIT Delhi on 8th August
August 07, 2026
PM to present Institute's Highest Honours to Meritorious Students
PM to inaugurate Param Pragya, an AI-powered high-performance supercomputing facility established at Sonipat Campus of IIT Delhi

Prime Minister Shri Narendra Modi will participate in the 57th Convocation Ceremony of the Indian Institute of Technology (IIT) Delhi as the Chief Guest on 8 August 2026 at 11 AM. He will address over 3000 graduating students including 587 Ph.D. scholars who will be conferred their degrees during the ceremony.

Recognizing outstanding academic excellence, Prime Minister will present the Institute's most prestigious honours, including the President's Gold Medal, Director's Gold Medal, Shankar Dayal Sharma Gold Medal, and Perfect Ten Gold Medals to the meritorious students.

Further emphasising India's commitment to advancing cutting-edge research and artificial intelligence, Prime Minister will inaugurate Param Pragya, an AI-powered high-performance supercomputing facility established at the Sonipat Campus of IIT Delhi. The state-of-the-art facility is expected to significantly enhance the institute's capabilities in AI, data science, advanced computing, and interdisciplinary research.