What is the total outlay allocated for the PM Vishwakarma scheme, which aims to uplift artisans and craftspeople across India?

Solution

Prime Minister Narendra Modi officially launched the Central Sector Scheme PM Vishwakarma at New Delhi. The scheme will help all our traditional artisans and craftsman in all the sectors especially in fisheries sector. With a total outlay of Rs 13,000 Crores, this initiative is poised to create significant income-generating opportunities for fishermen and their families, enabling them to ascend the ladder of success. It is the first time in our nation's history that a substantial financial outlay of Rs 13,000 Crores has been allocated for the upliftment of artisans and crafts persons across the country, encompassing 18 traditional trades in its inaugural phase. Credit Support up to Rs 1 lakh (first trenche) and Rs 2 lakh (second trenche), with concession interest rate of 5%, will empower traditional artisans and craftspeople financially.