Narendra Modi will launch a new scheme named “PM Vishwakarma” on 17th September, 2023 at around 11 AM at India International Convention and Expo Centre, Dwarka, New Delhi.
It has been the sustained focus of the Prime Minister to give support to the people engaged in traditional crafts. This focus is driven by the desire to not only support the artisans and craftspeople financially but also to keep the age-old tradition, culture and diverse heritage alive and flourishing through local products, art and crafts.
PM Vishwakarma will be fully funded by the Union Government with an outlay of Rs 13,000 crore. Under the scheme, the Vishwakarmas will be registered free of charge through Common Services Centres using biometric based PM Vishwakarma portal. They will be provided recognition through PM Vishwakarma certificate and ID card, skill upgradation involving basic and advanced training, toolkit incentive of ₹15,000, collateral-free credit support up to ₹1 lakh (first tranche) and ₹2 lakh (second tranche) at a concessional interest rate of 5%, incentive for digital transactions and marketing support.
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