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Difficulty: HardNational Events, Acts, and Governance Initiatives

With reference to the 'PM Vishwakarma' governance initiative launched by the Union Government to support traditional artisans and craftspeople, consider the following statements:
1. It is a Central Sector Scheme fully funded by the Central Government aimed at supporting artisans across 18 traditional trades.
2. The scheme is implemented under the sole administrative jurisdiction of the Ministry of Rural Development.
3. The scheme derives its statutory mandate directly from the Eleventh Schedule provisions inserted by the 73rd Constitutional Amendment Act.

Which of the statements given above is/are correct?

  1. Only Statement 1 is correctAnswer
  2. B
    Only Statements 1 and 2 are correct
  3. C
    Only Statements 1 and 3 are correct
  4. D
    All three statements are correct

Answer

Only Statement 1 is correct.
Statement 1 is correct because the PM Vishwakarma scheme is a 100% Central Sector Scheme designed to empower artisans and craftspeople engaged in 18 traditional trades through skill verification, collateral-free credit, and market linkages. Statement 2 is incorrect because the Ministry of Micro, Small and Medium Enterprises (MSME) is the designated nodal ministry. Statement 3 is incorrect because the scheme is an executive initiative launched by the Central Government in 2023, rather than a statutory mechanism enacted under the 73rd Constitutional Amendment Act.

Step-by-Step Solution

1
Evaluate Statement 1 regarding scheme coverage and funding model
Statement 1 is correct. PM Vishwakarma was launched in September 2023 as a fully central-funded Central Sector Scheme providing credit, skill training, and toolkit incentives to traditional artisans across 18 specified trades (such as carpenters, blacksmiths, armorers, and potters).
Validating scheme scope, funding structure, and targeted beneficiary groups.
2
Evaluate Statement 2 regarding implementing administrative ministry
Statement 2 is incorrect. The Ministry of Micro, Small and Medium Enterprises (MSME) acts as the nodal ministry. The scheme is jointly implemented by the Ministry of MSME, the Ministry of Skill Development and Entrepreneurship (MSDE), and the Department of Financial Services (DFS), Ministry of Finance.
Identifying correct nodal ministry attribution in central governance initiatives.
3
Evaluate Statement 3 regarding legal and constitutional foundation
Statement 3 is incorrect. PM Vishwakarma is a executive welfare scheme under central governance and is not a statutory scheme stemming from Panchayati Raj provisions under the 73rd Constitutional Amendment.
Distinguishing executive policy initiatives from constitutional statutory mandates.

Key Concept

PM Vishwakarma Governance Framework and Implementation Architecture
Estimated Time:2m 0s
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Topics

National Events, Acts, and Governance Initiatives

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