100-Word Insight: PM Modi’s Vishwakarma Yojana

Artisans and skilled workers, mostly from OBC community, will get benefits worth Rs 13,000-15,000 crore.

πŸ“Œ PM Vishwakarma Yojana gets Cabinet Nod. It will be launched on Vishwakarma Diwas on September 17, which also coincides with PM Modi’s Birthday.

πŸ“Œ The PM Vishwakarma Yojana was announced by PM Modi during the Independence Day Speech at Red Fort.

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πŸ“Œ Artisans and skilled workers, mostly from OBC community, will get benefits worth Rs 13,000-15,000 crore.

πŸ“Œ Craftsmen will get subsidised loans up to Rs 1 lakh at a maximum interest rate of 5%. The credit support will be extended to Rs 2 lakh at a later stage.

πŸ“Œ Vishwakarma Yojana will benefit around 30 lakh craftsmen families.

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