New Delhi, January 20:
A recent TeamLease Services Ltd labour market report on Tuesday revealed a paradox in the Prime Minister’s Vishwakarma Business Rejuvenation Yojana (PM‑VBRY), indicating strong enrolment figures but slower‑than‑expected conversion into sustainable employment. According to industry analysts, while the scheme has successfully attracted a large number of small entrepreneurs and artisans seeking support, gaps remain in translating participation into stable jobs and long‑term business viability.
The report pointed out that beneficiaries of PM‑VBRY have shown enthusiasm for training and financial aid, yet many face challenges in scaling operations due to issues such as limited market access, supply chain constraints, and lack of ongoing mentorship. TeamLease experts suggested that aligning the scheme with more robust skill development initiatives and stronger industry linkages could enhance its effectiveness, ensuring that the programme not only promotes registration but also leads to meaningful, gainful employment outcomes across sectors.
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