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Difficulty: EasyNational Events, Acts, and Governance Initiatives

Which central ministry serves as the nodal ministry for the implementation of the PM Vishwakarma Scheme, launched to provide end-to-end support to traditional artisans and craftspeople in India?

  1. Ministry of Micro, Small and Medium EnterprisesAnswer
  2. B
    Ministry of Rural Development
  3. C
    Ministry of Skill Development and Entrepreneurship
  4. D
    Ministry of Social Justice and Empowerment

Answer

Ministry of Micro, Small and Medium Enterprises
The PM Vishwakarma Scheme was launched in September 2023 as a Central Sector Scheme with the Ministry of Micro, Small and Medium Enterprises (MoMSME) as the lead nodal ministry to provide holistic support, including collateral-free credit, skill upgrading, toolkit incentives, and marketing assistance to traditional artisans.

Step-by-Step Solution

1
Identify the primary objective of the PM Vishwakarma Scheme
The scheme aims to enhance the capabilities, financial inclusion, and market access for traditional artisans and craftspeople (Vishwakarmas).
Understanding the target beneficiary group helps identify the designated administrative ministry.
2
Determine the lead nodal ministry responsible for the initiative
The Ministry of Micro, Small and Medium Enterprises (MoMSME) is designated as the nodal ministry, implementing the scheme in coordination with the Ministry of Skill Development and Entrepreneurship and the Department of Financial Services.
Central schemes designate one specific ministry as the administrative anchor.

Key Concept

Nodal Ministries for Central Flagship Schemes
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Topics

National Events, Acts, and Governance Initiatives

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