Under New scheme of union ministry, Vishwakarma scheme will be spend 13,000 crore rupees.

Delhi: New scheme of Modi govt, PM Vishwakarma Scheme, the union cabinet approved on 16 August a 13,000 cror rupees, that will benefit about 30 lakh traditional artisans and craftsmen, including weavers, goldsmiths, blacksmiths, laundry workers, and barbers.

Under the scheme in the first tranche, the government will extend basic and advanced skilling programmes with a stipend of ₹500 per day during training, up to ₹15,000 support for buying modern tools, and up to ₹1 lakh loan with a maximum 5% interest rate, said Ashwini Kumar Union Minister.

P M Modi, in his tenth Independence Day adress  from the ramparts of the Red Fort on August 15, announced schemes for artisans Vishwakarma scheme with an allocation of around ₹13,000 crore to ₹15,000 crore to help skill development among youth who are engaged in traditional artisan works.null

The motive of the scheme is to benefit individuals skilled in traditional craftsmanship said PM Narendra Modi. “In the days to come, we will launch a scheme on the occasion of Vishwakarma Jayanti, benefiting individuals skilled in traditional craftsmanship, particularly from the OBC community. Weavers, goldsmiths, blacksmiths, laundry workers, barbers, and such families will be empowered through the ‘Vishwakarma Yojana’, which will begin with an allocation of around ₹13,000 crore to ₹15,000 crore,” he said.