PM Vishwakarma Yojana: Modi Sarkar Rs.3 lakh loan.. Flood of applications.. Who are eligible for the scheme? | Telugu News

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PM Vishwakarma Yojana: Modi Sarkar Rs.3 lakh loan.. Flood of applications.. Who are eligible for the scheme?

PM Vishwakarma Yojana: The Center has recently introduced the PM Vishwakarma Yojana scheme for the development of backward caste professions in the country. The scheme was launched to provide loan assistance to the caste professions of the country for business development at low interest without any collateral. 2023, September 17 It was started and this program was held at Yashobhoomi in Delhi.

Benefit for 18 categories..

Under PM Vishwakarma Yojana, 18 communities will be benefited. Through this, the Center aims to provide Rs.13 thousand crores of credit to 30 lakh artisans in five years. There is no collateral for the loans given under this scheme. Entrepreneurship/business development loan up to Rs.3 lakhs. In the first installment, Rs. It has to be repaid in 18 months. Then they give a loan of Rs.2 lakh. It has to be repaid in 30 months. And the interest rate is only 5 percent. The remaining 8 percent interest is paid by the government to the banks through the Department of Micro and Medium Enterprises.

Training for beneficiaries

The Center has decided to give loans to 18 types of caste professions under the PM Vishwakarma Yojana scheme. Training will also be given to selected beneficiaries along with low interest. Basic training is given for 5 to 7 days. After that they will be given a certificate and identity card confirming their skills.

Online Registration..

PM Vishwakarma Yojana 2024 online registration has started. 10,456 people have applied in Karimnagar combined district alone. District-wise, 2,543 applications were received in Jagityala district, 2,526 in Karimnagar district, 3,524 in Sirisilla district and 1,863 in Peddapalli district.

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