Lok Sabha Question No. 624 (UNSTARRED), answered on 2024-11-28
Subject: Financial support under PM Vishwakarma Scheme
Ministry: MICRO, SMALL AND MEDIUM ENTERPRISES
Asked by: Shri Eatala Rajender, Smt. D K Aruna, Shri Suresh Kumar Shetkar

## GOVERNMENT OF INDIA MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES

## LOK SABHA UNSTARRED QUESTION NO. 624 TO BE ANSWERED ON 28.11.2024

## FINANCIAL SUPPORT UNDER PM VISHWAKARMA SCHEME

## 624. SMT. D K ARUNA:

SHRI EATALA RAJENDER:

SHRI SURESH KUMAR SHETKAR:

Will the Minister of MICRO, SMALL AND MEDIUM ENTERPRISES be pleased to state:

- (a) whether the Government participated in meetings organised by a host of industrial associations and reviewed various components under PM Vishwakarma scheme aimed at developing the skills of traditional artisans and crafts people and if so, the details thereof;
- (b) the number of applications received alongwith the people benefitted under the scheme nation wide;
- (c) whether the Government had proposed seven major initiatives to provide financial support and credit to the MSMEs and three schemes for skill development and if so, the details thereof, State-wise including Andhra Pradesh and Telangana; and
- (d) the number of beneficiaries under each of the schemes along with the funds sanctioned/spent thereon since it's inception?

## ANSWER

## MINISTER OF STATE FOR MICRO, SMALL AND MEDIUM ENTERPRISES (SUSHRI SHOBHA KARANDLAJE)

- (a): The  PM  Vishwakarma  is  jointly  implemented  by  the  Ministry  of  Micro,  Small  &  Medium Enterprises  (MoMSME),  the  Ministry  of  Skill  Development  and  Entrepreneurship  (MSDE),  and  the Department of Financial Services (DFS), Government of India. The skilling component, aimed at upgrading the skills of the traditional artisans and craftspeople, is implemented by MSDE. As per information received from MSDE, meetings with Sector Skill Councils (SSCs) and industry associations have been convened to review various components of the PM Vishwakarma Scheme, with the objective of enhancing the skills of traditional artisans and craftspeople.
- (b): As of 25.11.2024, a total of 2.59 crore applications have been received nationwide, with 24.82 lakh beneficiaries registered under the PM Vishwakarma Scheme.
- (c) & (d): The  PM  Vishwakarma  Scheme  aims  to  provide  end-to-end support to artisans and craftspeople of 18 trades, who work with their hands and tools, helping them establish their enterprises. The Scheme comprises six components:
- (i) PM Vishwakarma Certificate and ID Card
- (ii) Skill Upgradation
- (iii) Toolkit Incentive
- (iv) Credit Support
- (v) Incentive for Digital Transactions
- (vi) Marketing Support.

Under the skill component, beneficiaries are given Basic Training of 5-7 days and Advanced Training of 15 days free of cost. During the training period, beneficiaries are paid a stipend of Rs.500 per day as wage compensation along with travel expenses.

Under  the  credit component,  collateral-free Enterprise  Developmental  loans  are provided at a concessional interest rate of 5%, with a total loan assistance amount of Rs.3,00,000. Beneficiaries can avail of the first loan tranche of up to Rs.1,00,000 and the second loan tranche of up to Rs.2,00,000 after repaying the first tranche of loan. The Government of India contributes an interest subvention of up to 8%.

The  details  of  State/UT-wise  registrations,  skill  trainings  completed,  and  loan  sanctioned  under  the Scheme,  including  Andhra  Pradesh  and  Telangana,  since  the  launch  of  the  Scheme  on  17.09.2023,upto 25.11.2024 is at Annexure.

Since its inception, 24.82 lakh beneficiaries have registered under the PM Vishwakarma Scheme. The funds sanctioned and spent under the Scheme are detailed below:

| Financial Year             |   Revised Estimate (RE) (Rs. in crore) |   Expenditure Incurred (Rs.in crore) |
|----------------------------|----------------------------------------|--------------------------------------|
| 2023-24                    |                                    746 |                               746    |
| 2024-25 (as of 25.11.2024) |                                   3200 |                              1375.19 |

*****

ANNEXURE

Annexure referred  to  in  reply  to  part  (c)  &  (d)  of  the  Lok  Sabha  Unstarred  Question  No.  624  for answer on 28.11.2024.

State/UT-wise details  of  total  registrations,  skill  trainings  completed,  and  loans  sanctioned  under  the  PM Vishwakarma Scheme from 17.09.2023 to 25.11.2024 are as follows:

| S. No.   | STATE/UT                                 | NUMBER OF REGISTRATI ONS   | NUMBEROF SKILL TRAININGS IMPARTED   | NUMBER OF LOANS SANCTIONED   |
|----------|------------------------------------------|----------------------------|-------------------------------------|------------------------------|
| 1.       | ANDHRA PRADESH                           | 1,98,227                   | 90,084                              | 19,979                       |
| 2.       | ARUNACHAL PRADESH                        | 1,094                      | 27                                  | 0                            |
| 3.       | ASSAM                                    | 97,522                     | 46,410                              | 6,841                        |
| 4.       | BIHAR                                    | 95,050                     | 28,871                              | 4,670                        |
| 5.       | CHHATTISGARH                             | 1,12,835                   | 49,510                              | 3,713                        |
| 6.       | GOA                                      | 17,353                     | 3,876                               | 364                          |
| 7.       | GUJARAT                                  | 2,02,532                   | 1,39,767                            | 29,920                       |
| 8.       | HARYANA                                  | 25,697                     | 13,139                              | 2,702                        |
| 9.       | HIMACHAL PRADESH                         | 17,772                     | 5,986                               | 621                          |
| 10.      | JAMMU AND KASHMIR                        | 1,47,444                   | 1,06,205                            | 10,342                       |
| 11.      | JHARKHAND                                | 33,556                     | 18,272                              | 2,301                        |
| 12.      | KARNATAKA                                | 5,27,354                   | 2,94,217                            | 58,483                       |
| 13.      | KERALA                                   | 20,178                     | 4,086                               | 916                          |
| 14.      | MADHYA PRADESH                           | 1,96,017                   | 85,583                              | 12,713                       |
| 15.      | MAHARASHTRA                              | 2,22,654                   | 98,770                              | 20,718                       |
| 16.      | MANIPUR                                  | 10,816                     | 2,361                               | 380                          |
| 17.      | MEGHALAYA                                | 226                        | 17                                  | 0                            |
| 18.      | MIZORAM                                  | 2,608                      | 241                                 | 1                            |
| 19.      | NAGALAND                                 | 2,418                      | 681                                 | 91                           |
| 20.      | ODISHA                                   | 83,798                     | 23,717                              | 3,907                        |
| 21.      | PUNJAB                                   | 8,060                      | 2,710                               | 378                          |
| 22.      | RAJASTHAN                                | 2,05,411                   | 1,14,157                            | 21,100                       |
| 23.      | SIKKIM                                   | 1,934                      | 157                                 | 1                            |
| 24.      | TAMIL NADU                               | 1                          | 0                                   | 0                            |
| 25.      | TELANGANA                                | 67,415                     | 41,641                              | 12,301                       |
| 26.      | TRIPURA                                  | 18,908                     | 10,682                              | 2,375                        |
| 27.      | UTTAR PRADESH                            | 1,39,639                   | 42,467                              | 3,231                        |
| 28.      | UTTARAKHAND                              | 18,534                     | 5,973                               | 361                          |
| 29.      | WEST BENGAL                              | 1                          | 0                                   | 0                            |
| 30.      | ANDAMAN AND NICOBAR ISLANDS              | 714                        | 290                                 | 0                            |
| 31.      | CHANDIGARH                               | 197                        | 46                                  | 11                           |
| 32.      | DAMAN AND DIU AND DADRA AND NAGAR HAVELI | 695                        | 18                                  | 0                            |
| 33.      | DELHI                                    | 641                        | 10                                  | 0                            |
| 34.      | LADAKH                                   | 3,516                      | 1,483                               | 238                          |
| 35.      | LAKSHADWEEP                              | 654                        | 0                                   | 0                            |
| 36.      | PUDUCHERRY                               | 560                        | 44                                  | 4                            |
|          | TOTAL                                    | 24,82,031                  | 12,31,498                           | 2,18,662                     |