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Key Points

5 points
1

Covers 18 traditional trades including carpenters, potters, goldsmiths, and weavers.

2

Training programs last from five to fifteen days, with a daily stipend of 500 Indian rupees.

3

Loans up to 300,000 Indian rupees are offered in two stages, with a 5% interest rate and an additional government interest discount of up to 8%.

4

Digital transaction incentives provide one Indian rupee per eligible online payment, capped at 100 transactions per month.

5

Over 1,500 awareness programmes, 82 trade fairs, and partnerships with major online platforms have expanded market access for artisans.

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Summary

It has registered 30 lakh beneficiaries, provided basic training to more than 24 lakh artisans, and disbursed loans worth over 5,300 crore Indian rupees.

The programme also encourages digital payments and connects makers with online marketplaces and national trade fairs.

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New Words to Learn

8 words
artisan
a skilled worker who creates products by hand, such as a potter, carpenter, or weaver
collateral‑free
a loan that does not require the borrower to pledge property or other assets as security
subvention
financial assistance provided by the government to lower the cost of a loan
tenure
the length of time a loan is available for repayment
digital transaction
an electronic payment made using a bank account, phone, or computer instead of cash
e‑commerce
the buying and selling of goods through internet platforms
evaluation
a systematic assessment of how effective a programme is
beneficiary
an individual who receives benefits or assistance from a programme
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