With reference to the PM Vishwakarma scheme consider the following statements It is a Central Sector...........

Economic Affairs Skill Development

With reference to the PM Vishwakarma scheme, consider the following statements

It is a Central Sector Scheme.
It aims at improving the quality as well as the reach of products and services of artisans.
It will provide Credit Support upto Rs.1 crore per artisan.

How many of the statements given above are correct??

Only One

Only Two

All Three

None of the above

Only statements 1&2 are correct.

Recently, the Cabinet Committee on Economic Affairs chaired by the Prime Minister of India approved PM Vishwakarma scheme.

Aim

To strengthen and nurture the Guru-Shishya parampara or family-based practice of traditional skills by artisans and craftspeople working with their hands and tools.
The scheme also aims at improving the quality, as well as the reach of products and services of artisans and craftspeople and to ensure that the Vishwakarmas are integrated with the domestic and global value chains.
Under this scheme, the artisans and craftspeople will be provided recognition through PM Vishwakarma certificate and ID card, Credit Support upto Rs.1 lakh (First Tranche) and Rs.2 lakh (Second Tranche) with a concessional interest rate of 5%.
The Scheme will further provide Skill Upgradation, Toolkit Incentive, Incentive for Digital Transactions and Marketing Support.
Under the scheme, there will be two types of skilling programmes -- Basic and Advanced and a stipend of Rs 500 per day will also be provided to beneficiaries while undergoing skills training.

Hence option 2nd is correct.