PM VIKAS Scheme

PM VIKAS Scheme Latest News

Recently, the union minister of minority affairs informed the Rajya Sabha about the Pradhan Mantri Virasat Ka Samvardhan (PM VIKAS) scheme.

About PM VIKAS Scheme

• It is a Central Sector Scheme launched in 2025.
• It focuses on socio-economic empowerment of six notified minority communities.
• It aims to ensure inclusive growth for not only the minority and artisan communities but also for the youth and women. 

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Objectives of PM VIKAS Scheme

• Skill Development: To build capacity of minority communities through targeted interventions by providing skill training support in need-based courses and ensuring employment.
• Cultural Preservation: To preserve and promote the cultural heritage including traditional arts and craft forms by propagation of literature/ documents/ manuscripts and showcasing their unique ICH.
• Educational Support: To provide formal education and certification up to 8th, 10th, and 12th through open schooling to school dropouts from minority communities.
• Leadership and Entrepreneurship: To empower women from minority communities and instil confidence amongst them by providing leadership and entrepreneurship support.

Key Features of PM VIKAS Scheme

• The National Minorities Development & Finance Corporation (NMDFC) has been given the responsibility of providing finance to the communities. 
• School dropouts are given formal education as well as certification.
• The Export Promotion Council for Handicrafts provides market linkages in order to provide livelihood opportunities for beneficiaries. 
• The ‘Hub and Spoke’ model is used to establish Vishwakarma Villages to support the artisans and their crafts. 
• Nodal Ministry: Ministry of Minority Affairs

Source: PIB