INCENTIVE SCHEME NATIONAL
NEW DELHI, INDIA
By IFAB MEDIA - NEWS BUREAU - September 22, 2023 | 211 2 minutes read
In a transformative move, Prime Minister Narendra Modi has launched the Vishwakarma Yojna scheme, offering a ray of hope to India's skilled artisans, particularly those engaged in tailoring and various crafts. This initiative is set to usher in a wave of positive changes, providing financial assistance and advanced skill training to individuals involved in the apparel sector.
The scheme has garnered enthusiastic support from the Apparel, Made-Ups & Home Furnishing Sector Skill Council (AMHSSC), which anticipates a bright future for the industry. Dr. A Sakthivel, the chairman of AMHSSC, expressed his optimism about the scheme, recognizing the immense promise it holds for artisans and the apparel industry as a whole.
What makes this initiative truly remarkable is its tailor-made benefits for artisans in the apparel sector. It empowers them to enhance the quality, scale, and reach of their products while seamlessly integrating into the Micro, Small, and Medium Enterprises (MSME) value chain. The scheme places strong emphasis on promoting the brands of skilled artisans, granting them greater visibility and recognition, both locally and on the global stage.
By establishing robust linkages with local and global markets, artisans gain access to a broader consumer base, thereby expanding their market reach and potential. Additionally, the scheme offers vital government support, including financial assistance in the form of loans ranging from ₹1-2 lakh, advanced skill training, expertise in modern digital techniques, and the adoption of eco-friendly green technologies.
In essence, the Vishwakarma Yojna scheme heralds a promising era for India's artisans and the thriving apparel industry, offering them the tools and support needed to thrive in the modern era.