12-02-2025
11:30 AM
The PM VIKAS Scheme launched under the Ministry of Minority Affairs is a central sector scheme that provides skill development, leadership training and entrepreneurship to minorities and artisan communities all over India. The scheme is divided into four components and is expected to benefit around 9 lakh candidates during the 15th Finance Commission Cycle (2025-26).
The PM VIKAS Scheme stands for Pradhan Mantri Virasaat Ka Samvardhan. The initiative was introduced by the government with an aim to provide skill training, entrepreneurship and leadership training to artisan communities around India. This scheme also highlights the preservation of traditional arts and crafts while supporting the growth and development of minor communities.
The PM VIKAS Scheme also consolidates five already existing schemes:
The merging of the scheme provides financial support to minorities and artisans while also integrating Skill India Mission and also working with other ministries like Women and Child Development, Panchayati Raj, Tourism and Education for the overall development in minority concentrated areas.
The key objectives of the PM VIKAS Scheme are:
The PM VIKAS Scheme has four components:
Component 1: Skilling and Training
Component 2: Leadership and Entrepreneurship (previously Nai Roshni).
Component 3: Education (previously Nai Manzil).
Component 4: Infrastructure Development (through Hub and Spoke Villages).
PM VIKAS Scheme has the following features:
The scheme aims to ensure inclusive growth for not only the minority and artisan communities but also for the youth and women.
Q1. What is PM Vikas scheme?
Ans. PM Vikas Scheme focuses on skill development, education, and cultural preservation for minority and artisan communities.
Q2. What is PM Vishwakarma Scheme UPSC?
Ans. PM Vishwakarma Scheme supports traditional artisans and craftspeople through financial aid, skill training, and market linkages.
Q3. What is the old name of PM Vikas scheme?
Ans. The old name of PM Vikas Scheme is the USTTAD Scheme.
Q4. What is the PM Virasat scheme?
Ans. PM Virasat Scheme aims to preserve and promote India’s traditional arts, crafts, and cultural heritage.
Q5. What is the full form of Vikas?
Ans. Vikas stands for "Virasat Ka Samvardhan," meaning "Preservation of Heritage."
Q6. What is PM Shakti scheme?
Ans. PM Shakti Scheme focuses on providing financial support and infrastructure for the development of micro and small enterprises.
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