Why in the news?

  • The scheme completes two years, registering 30 lakh artisans and craftsmen under its purview.

PM Vishwakarma Scheme

  • What is it?: The scheme announced by PM Modi in his independence day address.
  • Aim – Aims to provide subsidised loans of up to Rs 2 lakh to traditional artisans and craftsmen including weavers, goldsmiths, blacksmiths, laundry workers, and barbers.
  • Objective:
    • To boost livelihood opportunities for skilled workers like goldsmith, blacksmith, masons and barbers etc.
    • It aim at improving the quality , scale and reach of product and services of artisans, and to integrate them with domestic and global value chain.