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What is the budget allocation for the Pradhan Mantri Vishwakarma Yojana (PM Vishwakarma Scheme) for the period from 2023-24 to 2027-28?
₹16,000 crore
₹15,000 crore
₹13,000 crore
₹14,000 crore
₹13,000 crore
Remember the number 13 as a 'lucky' number for Vishwakarma artisans; the total outlay is ₹13,000 crore, meant for skill support over 5 years.
Scheme: Pradhan Mantri Vishwakarma Yojana. Period: 2023-24 to 2027-28.
BudgetTotal=∑i=20232027Budgeti=13,000 crore
Remember the number 13 as a 'lucky' number for Vishwakarma artisans; the total outlay is ₹13,000 crore, meant for skill support over 5 years.
Confusing the total outlay (₹13,000 crore) with the number of beneficiaries or individual loan limits (e.g., ₹1 lakh or ₹2 lakh) provided under the scheme.
Identify Scheme Objective
The Pradhan Mantri Vishwakarma Yojana was launched to support artisans and craftspeople through skill training and financial assistance.
Scheme: PM Vishwakarma
Locate Budgetary Data
The Union Cabinet approved an outlay of ₹13,000 crore for this central sector scheme over a period of 5 years (FY 2023-24 to 2027-28).
Total Outlay=₹13,000 crore
Final Verification
Comparing the official data with the given options confirms that Option C matches the approved allocation.
OptionC=13,000
C is correct because the government officially approved a financial outlay of ₹13,000 crore for the PM Vishwakarma scheme for the five-year duration starting 2023-24.
In competitive exams, always link such specific budget figures to the ministry of origin; here, it is the Ministry of MSME, which frequently appears in GS and current affairs sections.