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Which of the following is a core objective of the 'PM Vishwakarma' scheme?
Providing housing for all
Supporting traditional artisans and craftspeople
Increasing agricultural yield
Promoting space research
Supporting traditional artisans and craftspeople
The PM Vishwakarma scheme was launched by Prime Minister Narendra Modi on September 17, 2023, to empower traditional artisans and craftspeople across 18 identified trades.
The scheme was introduced to preserve the rich cultural heritage of India by providing holistic support to individuals in the unorganized sector engaged in traditional crafts. It aims to integrate these artisans into domestic and global value chains by enhancing their product quality and market reach. The program is fully funded by the Union Government with a total financial outlay of Rs 13,000 crore for a period of five years from 2023 to 2028.
The scheme is implemented by the Ministry of Micro, Small and Medium Enterprises (MSME). It aligns with the Constitutional directive of promoting cottage industries in rural areas as outlined under Article 43 of the Directive Principles of State Policy.
Launch Date: September 17, 2023
Financial Outlay: Rs 13,000 crore
Target: 18 traditional trades
Collateral-free credit: Up to Rs 1 lakh in first tranche and Rs 2 lakh in second tranche at 5 percent interest
B is correct тАФ The PM Vishwakarma scheme specifically targets traditional artisans and craftspeople to provide them with financial support, skill training, and modern toolkits.
Remember the scheme name by linking it to Lord Vishwakarma, the patron deity of architects, engineers, and craftsmen, which helps identify that the target audience is skilled manual workers.
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