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By Online Desk

The Union cabinet Committee on Economic affairs on Tuesday approved a new Central sector Scheme “PM Vishwakarma” that will benefit about 30 lakh traditional artisans and craftsmen.

Under the scheme, the craftsmen will be provided a subsidised loan of Rs 1 lakh in the first tranche, and another Rs 2 lakh in the second tranche.

The loans will be provided at a concessional interest rate of 5 per cent. As per the statement released by the government, the scheme will further provide Skill upgradation, toolkit Incentive, Incentive fro Digital transactions and Marketing Support.

The project worth 13,000 crore will provide support to artisans and craftspeople of rural and urban areas across India.

The PM in Union Cabinet meeting today approved ‘PM Vishwakarma’ scheme to support people with traditional skills. Under this scheme, loans up to Rs 1 lakh will be provided on liberal terms: Union Minister Ashwini Vaishnaw pic.twitter.com/CcDkV5slX1
— ANI (@ANI) August 16, 2023
Eighteen traditional trades will be covered in the first instance under PM Vishwakarma.This includes Carpenter (Suthar),Boat Maker,Armourer, Blacksmith (Lohar), Hammer and Tool Kit Maker, Locksmith, Goldsmith (Sonar), Potter (Kumhaar), Sculptor (Moortikar, stone carver), Stone breaker, Cobbler(Charmkar)/ Shoesmith/Footwear artisan, Mason (Rajmistri), Basket/Mat/Broom Maker/Coir Weaver, Doll & Toy Maker (Traditional), Barber (Naai), Garland maker (Malakaar), Washerman (Dhobi), Tailor (Darzi), and Fishing Net Maker.

On Tuesday, Prime Minister Narendra Modi announced the project during his Independence day speech.

The Union cabinet Committee on Economic affairs on Tuesday approved a new Central sector Scheme “PM Vishwakarma” that will benefit about 30 lakh traditional artisans and craftsmen.

Under the scheme, the craftsmen will be provided a subsidised loan of Rs 1 lakh in the first tranche, and another Rs 2 lakh in the second tranche.

The loans will be provided at a concessional interest rate of 5 per cent. As per the statement released by the government, the scheme will further provide Skill upgradation, toolkit Incentive, Incentive fro Digital transactions and Marketing Support.googletag.cmd.push(function() {googletag.display(‘div-gpt-ad-8052921-2’); });

The project worth 13,000 crore will provide support to artisans and craftspeople of rural and urban areas across India.

The PM in Union Cabinet meeting today approved ‘PM Vishwakarma’ scheme to support people with traditional skills. Under this scheme, loans up to Rs 1 lakh will be provided on liberal terms: Union Minister Ashwini Vaishnaw pic.twitter.com/CcDkV5slX1
— ANI (@ANI) August 16, 2023
Eighteen traditional trades will be covered in the first instance under PM Vishwakarma.This includes Carpenter (Suthar),Boat Maker,Armourer, Blacksmith (Lohar), Hammer and Tool Kit Maker, Locksmith, Goldsmith (Sonar), Potter (Kumhaar), Sculptor (Moortikar, stone carver), Stone breaker, Cobbler(Charmkar)/ Shoesmith/Footwear artisan, Mason (Rajmistri), Basket/Mat/Broom Maker/Coir Weaver, Doll & Toy Maker (Traditional), Barber (Naai), Garland maker (Malakaar), Washerman (Dhobi), Tailor (Darzi), and Fishing Net Maker.

On Tuesday, Prime Minister Narendra Modi announced the project during his Independence day speech.



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