Page 40 - Banking Finance December 2023
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          PM Vishwakarma Yojana
          The PM Vishwakarma  Yojana  is  dedicated  to  support
          traditional arts and crafts by providing multi-dimensional
          support  to  artisans.  The  initiative  acknowledges  the
          challenges faced by the sector due to modernization and
          market changes. The full name of PM Vishwakarma Yojana
          is "PM Vishwakarma Kaushal Samman Yojana". It is also
          known by the other name i. e "PM Vishwakarma Yojana".
          The PM Vishwakarma Yojana was launched on the occasion
          of the Vishwakarma Jayanti i.e. on 17-08-2023.

          What is PM Vishwakarma Yojana

          It is an initiative that operates as a Central sector Scheme



                                About the author              and the scheme has been granted a substantial financial
                                                              allocation of Rs 13,000 crore. The designated timeframe for
                          Ujjwal Kant                         its implementation spans five years, encompassing Financial
                          Chief  Manager (Faculty)            Year 2023-24 through FY 2027-28. Under this scheme the
                          Union Bank Of India                 artisans and the craftspeople will be provided recognition
                          Staff College, Bengaluru
                                                              through a PM Vishwakarma certificate and ID Card, credit

            36 | 2023 | DECEMBER                                                           | BANKING FINANCE
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