Summary
It provides free training, modern tools, and low‑interest loans.
More than three million artisans have joined and many have increased their earnings.
Key Points
5 points1
The scheme started in September 2023 to aid traditional trades such as carpenters, potters, and weavers.
2
It has registered 30 lakh beneficiaries and provided basic training to over 24 lakh people.
3
Loans of up to 300,000 Indian rupees are given in two parts with a 5% interest rate, plus an extra government discount.
4
Digital transaction incentives give one Indian rupee for each approved online payment, up to 100 payments per month.
5
Special exhibitions and online marketplaces help artisans sell their products to a wider audience.
New Words to Learn
8 wordsartisan
someone who makes things by hand, like a basket maker or goldsmith
collateral‑free
no property or other item is needed as a promise to pay back a loan
subvention
extra money from the government to lower loan costs
tenure
the period of time a loan lasts
digital transaction
buying or selling using a phone or computer instead of cash
e‑commerce
selling products on the internet
evaluation
a review that measures how well a programme works
beneficiary
a person who receives help from the programme
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