PM Modi Launches ₹13,000-crore 'PM Vishwakarma' Scheme; Inaugurates Mega Convention Centre ‘Yashobhoomi
"Prime Minister Narendra Modi unveiled two significant initiatives on September 17:
the ₹13,000-crore PM Vishwakarma Yojana for traditional artisans and craftsmen and the state-of-the-art India International Convention and Expo Centre (IICC) known as 'Yashobhoomi'."
"Modi dedicated 'Yashobhoomi' to every laborer and 'Vishwakarma' of the nation, emphasizing recognition for marginalized people."
"The PM unveiled 18 customised stamp sheets representing the 18 traditional trades covered under the Vishwakarma scheme,
"which aims to enhance accessibility and quality for traditional artisans and craftsmen."
The scheme offers collateral-free enterprise development loans with a concessional interest rate of 5%,
along with credit guarantee fees borne by the central government.
With a vast project area of over 8.9 lakh square meters, 'Yashobhoomi' ranks among the world's largest MICE facilities.
"PM Modi urged people to purchase Made In India toolkits from GST-registered shops and support local products during festivals.
Modi highlighted the enormous potential of conference tourism, estimated at ₹25 lakh crore, and the job opportunities 'Yashobhoomi' will provide.
Yashobhoomi will connect to Delhi Airport Metro Express line, reducing travel time to 21 minutes.
The 'PM Vishwakarma' scheme and 'Yashobhoomi' are significant steps toward empowering traditional artisans and bolstering India's convention and tourism industry.