In a groundbreaking move, Prime Minister Narendra Modi inaugurated the first phase of the India International Convention and Expo Centre (IICC) known as Yashobhoomi in New Delhi's Dwarka. This ambitious project aims to transform Delhi into one of the world's major hubs for conference tourism. In this article, we'll delve into the details of Yashobhoomi, its significance, and the potential it holds for generating employment opportunities.

The Grand Inauguration

Prime Minister Narendra Modi unveiled the Yashobhoomi project, marking a significant step towards bolstering India's presence on the global stage. The inauguration ceremony witnessed an exhibition of traditional craftsmanship, emphasizing the blend of technology and tradition that India is renowned for.

Yashobhoomi: A Catalyst for Conference Tourism

One of the primary objectives of Yashobhoomi is to bolster conference tourism in Delhi. The city has already gained prominence as a destination for international events, and with Yashobhoomi, it is poised to become a global hub. Prime Minister Modi's vision is clear - to make Delhi a center for conferences, conventions, and exhibitions.

Employment Opportunities Galore

The 'PM Vishwakarma' scheme, launched on Vishwakarma Jayanti, adds another layer of significance to Yashobhoomi. This scheme aims to provide traditional craftsmen and artisans with low-interest loans without the need for collateral. It is expected that lakhs of young individuals will find employment opportunities through the Yashobhoomi Convention Centre.

Empowering Traditional Artisans

With an impressive financial outlay of ₹13,000 crore over five years, the PM Vishwakarma scheme seeks to benefit around 30 lakh families of traditional artisans and craftsmen. This includes weavers, goldsmiths, blacksmiths, laundry workers, and barbers. The government's commitment to this scheme is evident from the substantial investment.

Loans with Minimal Guarantees

Under the PM Vishwakarma scheme, artisans can secure loans of up to ₹3 lakh without the requirement of bank guarantees. The interest rates are also kept at a minimum. The government's emphasis on training and technology will further enhance the skills of Vishwakarma partners, ensuring their competitiveness in the market.

'Made In India' Toolkit Initiative

Prime Minister Modi encouraged artisans and craftsmen to purchase 'Made In India' toolkits from GST-registered shops. To incentivize this, the government offers a toolkit voucher worth ₹1,500. Additionally, the government pledges to support in branding, packaging, and marketing the products crafted by these artisans.

Customized Stamp Sheets

To commemorate the Vishwakarma scheme's launch, 18 customized stamp sheets were unveiled. These sheets represent the 18 traditional trades covered under the scheme. It is a symbolic gesture that highlights the importance of preserving and promoting traditional craftsmanship.

About 'Yashobhoomi'

Yashobhoomi is nothing short of an architectural marvel. With a total project area of over 8.9 lakh square meters and a built-up area exceeding 1.8 lakh square meters, it is set to become one of the world's largest MICE (Meetings, Incentives, Conferences, and Exhibitions) facilities. Its sheer scale and modern amenities will attract events of global significance.

'Vocal for Local'

In line with the government's vision of 'Vocal for Local,' Prime Minister Modi urged citizens to support local products during festivals such as Ganesh Chaturthi, Dhanteras, and Diwali. This call for promoting local goods aligns perfectly with Yashobhoomi's mission of taking local products to the global stage.

The Potential of Conference Tourism

Conference tourism is a burgeoning industry estimated at ₹25 lakh crore, presenting an enormous opportunity for India. With Yashobhoomi as a centerpiece, Delhi is well on its way to harnessing this potential and reaping the economic benefits.

Connectivity to Delhi Airport Metro Express Line

Yashobhoomi's strategic location includes connectivity to the Delhi Airport Metro Express line. The inauguration of the 'Yashobhoomi Dwarka Sector 25' station further enhances accessibility. This extension will reduce travel time between New Delhi Metro Station and Yashobhoomi Dwarka Sector 25 station to just 21 minutes.

Conclusion

The inauguration of Yashobhoomi and the launch of the PM Vishwakarma scheme mark a significant milestone in India's journey towards becoming a global powerhouse in conference tourism and traditional craftsmanship. As these initiatives gain momentum, they are set to transform the lives of artisans and craftsmen while propelling India onto the world stage.