Current Affairs · Government Schemes
Consider the following statements regarding the Prime Minister Vishwakarma Scheme: Statement 1: The scheme, launched on September 17, 2023, provides comprehensive support to traditional artisans and craftspeople through the issuance of a PM Vishwakarma Certificate and ID Card. Statement 2: Eligible beneficiaries can avail of collateral-free credit support of up to 3 lakh in two tranches, with a concessional interest rate of 5 percent, after completing basic training. Statement 3: The scheme offers a toolkit incentive of 15,000 to the artisans, incentives for digital transactions, and marketing support. Which of the following describes the validity of these statements?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Statements 2 and 3 are correct, but Statement 1 is incorrect as the scheme does not provide an ID card.
- 2Only Statement 1 is correct, as the interest rate in Statement 2 is 7 percent and the toolkit in Statement 3 is 10,000.
- 3All three statements are accurate and reflect the current operational guidelines of the scheme.✓
- 4Statement 1 and 2 are accurate, while Statement 3 is incorrect regarding the toolkit incentive amount.
Correct answer
All three statements are accurate and reflect the current operational guidelines of the scheme.
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