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PM Vishwakarma yojana 2023 Details: Artisans to Receive up to 3 Lakh Rupees without Bank Guarantee, PM Modi Announces

PM Vishwakarma yojana 2023 Details:Financial Support and Training for Skilled Workers on Vishwakarma Jayanti

On the auspicious occasion of Vishwakarma Jayanti, Prime Minister Narendra Modi unveiled the “PM Vishwakarma” yojana, a significant initiative aimed at uplifting artisans and craftsmen across India. This scheme, with an allocated budget of 13,000 crore rupees, not only provides financial support but also offers specialized training and assistance to skilled workers, ensuring their holistic development and growth.

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PM Vishwakarma yojana 2023 Details: Empowering Artisans on Vishwakarma Jayanti

Vishwakarma Jayanti, celebrated with great reverence in India, holds profound significance for the country’s artisans and craftsmen. It is a day to honor Lord Vishwakarma, the divine architect and craftsman, and celebrate the creative spirit of those who work tirelessly to create beautiful and functional objects. In alignment with this spirit, Prime Minister Modi introduced the “PM Vishwakarma” scheme to provide a ray of hope and support to artisans and craftsmen.

PM Vishwakarma yojana 2023 Details

PM Vishwakarma yojana 2023 Details: Financial Support and Training for Skilled Workers

Under the “PM Vishwakarma” yojna, the central government will focus on providing specialized training to Vishwakarma beneficiaries, with a financial grant of ₹500 while the training is ongoing. Additionally, participants will receive a toolkit voucher worth ₹1,500 to aid in their work. The government will also extend its assistance in branding, packaging, and marketing of products created by these skilled workers. Prime Minister Modi emphasized that it is crucial for artisans to purchase tools and equipment only from GST-registered stores.

PM Vishwakarma yojana 2023 Details: No-Collateral Loans up to 3 Lakh Rupees

One of the most significant aspects of the “PM Vishwakarma” scheme is the provision of loans up to ₹3 lakh without requiring any bank guarantee. Prime Minister Modi assured that the interest rates for these loans would be kept minimal. He elaborated, “The government has decided to initially provide ₹1 lakh as a loan, and upon repayment, an additional ₹2 lakh will be extended to Vishwakarma beneficiaries.”

PM Vishwakarma yojana 2023 Details: Reviving Convention Tourism

In his address, Prime Minister Modi also touched upon the burgeoning convention tourism sector, which has seen significant growth globally. He stated, “Convention tourism is valued at over 25 lakh rupees worldwide. Every year, more than 32,000 major exhibitions and expos take place globally. Even countries with populations ranging from 2 to 5 crore people manage this industry, and our population is 140 crore.” However, India’s participation in this sector currently stands at a mere 1%.

PM Vishwakarma yojana 2023 Details: Transforming India into a Convention Tourism Hub

To address this disparity, Prime Minister Modi declared that India is preparing itself to become a hub for convention tourism. He emphasized that convention tourism, which includes adventure, medical, spiritual, and heritage tourism, thrives where the necessary infrastructure is in place. In line with this, efforts will be made to transform India into a prime destination for convention tourism, offering world-class facilities and amenities.

The construction of the “Bharat Mandap” and “Yashobhomi Delhi” will mark significant steps towards establishing India as a prominent center for convention tourism. These centers will provide state-of-the-art facilities and a conducive environment for hosting events, conferences, and meetings.

Read More: Vishwakarma Puja September 2023: Date, Time, and Significance

PM Vishwakarma yojana 2023 Details:

The “PM Vishwakarma” scheme, introduced by Prime Minister Narendra Modi on Vishwakarma Jayanti, is a commendable initiative that recognizes and supports the talented artisans and craftsmen of India. This scheme not only provides financial aid but also imparts specialized training and encourages the branding and marketing of their products. Additionally, the provision of collateral-free loans up to ₹3 lakh ensures that these skilled workers can expand their businesses and pursue their creative endeavors without undue financial constraints.

Furthermore, the government’s vision to revitalize convention tourism in India holds immense promise for the tourism industry. As India gears up to become a convention tourism hub, it has the potential to attract a significant share of the global convention tourism market, bolstering the country’s economy and international standing.

In conclusion, the “PM Vishwakarma” scheme and the government’s focus on convention tourism reflect a commitment to empowering artisans and boosting India’s tourism sector. These initiatives align with the spirit of Vishwakarma Jayanti, celebrating the creativity, talent, and craftsmanship that are integral to India’s cultural and economic fabric. With these efforts, India can look forward to a brighter future for its artisans and a thriving convention tourism industry.

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