PM Vishwakarma Yojana Hits 30 Lakh Registrations in Just 2 Years

The PM Vishwakarma Yojana has registered 30 lakh beneficiaries in just two years, far exceeding its original four-year target. Minister of State Shobha Karandlaje informed the Rajya Sabha that over Rs 4,470 crore in loans has been disbursed to more than 5 lakh beneficiaries. The scheme has also provided skill training to over 20 lakh people and distributed toolkits to about 12 lakh artisans. In Uttar Pradesh alone, over 178,000 residents have been registered under the welfare scheme for traditional craftspeople.

Key Points: PM Vishwakarma Yojana Exceeds 4-Year Target in 2 Years

  • 30 lakh registrations in 2 years
  • Rs 4,470 crore loans disbursed
  • Over 20 lakh people trained
  • Toolkits given to 12 lakh beneficiaries
2 min read

30 lakh registrations under PM Vishwakarma Yojana in 2 years, against target of 4 yrs: Labour Minister tells RS

30 lakh artisans registered under PM Vishwakarma Yojana, surpassing its 4-year target in just 2 years, with Rs 4,470 crore in loans disbursed.

30 lakh registrations under PM Vishwakarma Yojana in 2 years, against target of 4 yrs: Labour Minister tells RS
"Target was to achieve 30 lakh registrations in 4 years, but we achieved this in just 2 years' time - Shobha Karandlaje"

New Delhi, Feb 12

Replying to questions on the 'progress report' of PM Vishwakarma Yojana, Minister of State for Labour and Employment Shobha Karandlaje told the Rajya Sabha on Thursday that the public welfare scheme was being rolled out at much faster pace than anticipated, and has even surpassed its own target of registrations under the stipulated period.

The MoS told the House that 30 lakh people have been registered under the scheme, making them eligible to receive welfare benefits, and the programme was running ahead of its target.

"Target was to achieve 30 lakh registrations in 4 years, but we achieved this in just 2 years' time," she said, while adding that nearly 5,000 crore was disbursed as loans to the PM Vishwakarma beneficiaries during the period.

The disclosures on scheme's progress came in response to a question by Laxmikant Bajpayee, Rajya Sabha MP and BJP National Vice-President, who sought information from MoS Karandlaje, with specific reference to Uttar Pradesh.

"How many people were registered under the PM Vishwakarma scheme? How many were trained? How many were distributed loans and toolkits? What is the situation in Uttar Pradesh," the BJP MP asked.

Replying to this, MoS Karandlaje said, "Thirty lakh people have been registered under the scheme in just two years, against the target of four years. More than 20 lakh people have been trained for the purpose while toolkits have been distributed to about 12 lakh people."

She also told that loans have been disbursed to about 5.18 lakh beneficiaries while the total loan disbursed till date stands at about Rs 4,470 crore.

"In context of Uttar Pradesh, she informed that a total of 178,081 residents of the state have been registered while toolkits have been distributed to 66,901 people," the MoS said, giving an account of scheme's penetration in Uttar Pradesh.

She also added that the PM Vishwakarma scheme is an important step towards economically strengthening traditional artisans, giving them formal recognition, and also making them self-reliant.

The PM Vishwakarma Yojana is a scheme launched by the Ministry of Micro, Small and Medium Enterprises (MSME) to provide end-to-end support to artisans and craftspeople, who work with their hands and tools.

They are provided with free credit, skill training, modern tools and also market linkage support.

- IANS

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Reader Comments

S
Shreya B
Good progress, but the numbers tell a partial story. 30 lakh registered, but only ~5.18 lakh got loans? That's less than 20%. And toolkits to 12 lakh? The gap between registration and actual benefit disbursement needs to be addressed faster. The intent is good, execution needs to match.
A
Arjun K
As someone from a family of carpenters, formal recognition and support means everything. My uncle got trained under this scheme. The market linkage support is key – making beautiful things is one thing, selling them is another. Hope they focus on that aspect strongly. 🇮🇳
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Priya S
The focus on Uttar Pradesh in the question is interesting. With nearly 1.8 lakh registrations there, it's a good start. But UP has a massive population of artisans. Hope the penetration increases in all states equally, not just electorally important ones. Every weaver and potter deserves this chance.
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Karthik V
₹4,470 crore disbursed is a significant amount. The real test will be the repayment rates and whether these loans actually help scale up small businesses. We need follow-up reports in 2-3 years on how many beneficiaries became truly self-reliant. That's the ultimate metric.
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Michael C
Visiting India, I'm always amazed by the craftsmanship. Schemes like this that provide skill training AND modern tools are essential. Bridging traditional art with contemporary market needs can create a unique global niche. Hope the market linkage includes e-commerce platforms for wider reach.

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