Consider the following statement regarding “PM

Solution

BENEFITS TO THE ARTISANS AND CRAFTSPERSONS The Scheme envisages provisioning of the following benefits to the artisans and craftsperson: •Recognition: Recognition of artisans and craftspeople through PM Vishwakarma certificate and ID card. •Skill Upgradation: Basic Training of 5-7 days and Advanced Training of 15 days or more, with a stipend of Rs. 500 per day. •Toolkit Incentive: A toolkit incentive of up to Rs. 15,000 in the form of e-vouchers at the beginning of Basic Skill Training. •Credit Support: Collateral-free 'Enterprise Development Loans' of up to Rs. 3 lakh in two tranches of Rs. 1 lakh and Rs. 2 lakh with tenures of 18 months and 30 months, respectively, at a concessional rate of interest fixed at 5%, with Government of India subvention to the extent of 8%.