RBI includes PM Vishwakarma under PIDF Scheme

Recently, Reserve Bank of India (RBI) included PM Vishwakarma under the Payments Infrastructure Development Fund (PIDF) Scheme.

About PM Vishwakarma Scheme

  • It is a Central Sector Scheme launched on 17th September, 2023.
  • Time Period: Five years (FY 2023-24 to FY 2027-28).

Aim

  • This initiative supports small businesses, focusing on traditional artists and craftspeople.
  • It also aims at improving the quality as well as the reach of the products and services of artisans and craftsmen.

Eligibility

  • Eighteen traditional crafts will be covered under this-Carpenter, Boat Maker, Armourer, Blacksmith, Hammer, Tool Kit Maker, Locksmith, Goldsmith, Potter, Sculptor, Stone breaker, Cobbler (Shoesmith/ Footwear artisan), ....
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