With a 13,000 crore rupee budget, Prime Minister Narendra Modi on Sunday unveiled the PM Vishwakarma Yojana for traditional artisans and craftspeople. Additionally, he opened the first phase of the cutting-edge “Yashobhumi” India International Convention and Expo Centre in Dwarka.
According to Modi, “Today, I dedicate ‘Yashobhumi’ to every worker, every ‘Vishwakarma’ of the country.” He made it clear that the government cherishes and is aware of the contributions made by ordinary citizens.
In order to help the workers covered by this programme, Modi also produced 18 bespoke stamp sheets representing 18 traditional trades as part of the introduction of the Vishwakarma Yojana.
The Vishwakarma Yojana’s goal is to expand the availability and quality of the goods and services provided by traditional craftsmen andas well as artisans. The programme offers 1 lakh rupee (first installment for 18 months) and 2 lakh rupee (second installment for 30 months) interest-free business development loans.
A 5% interest rate subsidy and an 8% reduction on credit guarantee costs will also be given to recipients. The IICC in “Yashobhumi” will grow to be the largest MICE (Meetings, Incentives, Conferences, and Exhibitions) facility in the world, with a total project area of over 8.9 lakh square metres and a developed area of more than 1.8 lakh square metres.
Yashobhumi presents a tremendous potential for the Indian tourist industry, according to Prime Minister Modi, with conference tourism expected to generate 25 lakh billion rupees. He emphasised that Yashobhumi’s convention centre is set up to accommodate events and exhibits, giving
erin provides thousands with jobs.
Furthermore, in line with the government’s “Vocal for Local” policy, Modi urged people to purchase goods created locally. Additionally, he claimed that the Delhi Airport Metro Express Line will be extended to “Yashobhumi Dwarka Sector 25,” cutting the distance travelled from “New Delhi” to that location by around 21 minutes.
With a 13,000 crore rupee budget, Prime Minister Narendra Modi on Sunday unveiled the PM Vishwakarma Yojana for traditional artisans and craftspeople. Additionally, he opened the first phase of the cutting-edge “Yashobhumi” India International Convention and Expo Centre in Dwarka.
According to Modi, “Today, I dedicate ‘Yashobhumi’ to every worker, every ‘Vishwakarma’ of the country.” He made it clear that the government cherishes and is aware of the contributions made by ordinary citizens.
In order to help the workers covered by this programme, Modi also produced 18 bespoke stamp sheets representing 18 traditional trades as part of the introduction of the Vishwakarma Yojana.
The Vishwakarma Yojana’s goal is to expand the availability and quality of the goods and services provided by traditional craftsmen andas well as artisans. The programme offers 1 lakh rupee (first installment for 18 months) and 2 lakh rupee (second installment for 30 months) interest-free business development loans.
A 5% interest rate subsidy and an 8% reduction on credit guarantee costs will also be given to recipients. The IICC in “Yashobhumi” will grow to be the largest MICE (Meetings, Incentives, Conferences, and Exhibitions) facility in the world, with a total project area of over 8.9 lakh square metres and a developed area of more than 1.8 lakh square metres.
Yashobhumi presents a tremendous potential for the Indian tourist industry, according to Prime Minister Modi, with conference tourism expected to generate 25 lakh billion rupees. He emphasised that Yashobhumi’s convention centre is set up to accommodate events and exhibits, giving
erin provides thousands with jobs.
Furthermore, in line with the government’s “Vocal for Local” policy, Modi urged people to purchase goods created locally. Additionally, he claimed that the Delhi Airport Metro Express Line will be extended to “Yashobhumi Dwarka Sector 25,” cutting the distance travelled from “New Delhi” to that location by around 21 minutes.
The new central sector programme “PM Vishwakarma” with a financial expenditure of 13,000 crore rupees for a period of five years (from the financial year 2023–24 to 2027–28) was authorised by the Cabinet Committee on Economic Affairs, which is presided over by the Prime Minister.
The PM Vishwakarma Yojana would recognise artists and craftsmen through the PM Vishwakarma Certificate and ID Card and provide them with finance assistance up to 2 lakh rupees at a 5% subsidised interest rate.pay homage in two parts. This plan will aid with marketing, skill development, toolkit promotion, and digital transactions. This programme is open to artisans and craftspeople working in a variety of traditional industries, including boat building, blacksmithing, locksmithing, carpentry, masonry, ceramics, sculpture, stone cutting, shoemaking, locksmithing, and more.
The new central sector programme “PM Vishwakarma” with a financial expenditure of 13,000 crore rupees for a period of five years (from the financial year 2023–24 to 2027–28) was authorised by the Cabinet Committee on Economic Affairs, which is presided over by the Prime Minister.
The PM Vishwakarma Yojana would recognise artists and craftsmen through the PM Vishwakarma Certificate and ID Card and provide them with finance assistance up to 2 lakh rupees at a 5% subsidised interest rate.pay homage in two parts. This plan will aid with marketing, skill development, toolkit promotion, and digital transactions. This programme is open to artisans and craftspeople working in a variety of traditional industries, including boat building, blacksmithing, locksmithing, carpentry, masonry, ceramics, sculpture, stone cutting, shoemaking, locksmithing, and more.
