Vishwakarma Shram Samman Yojana: Yogi Adityanath to Distribute ₹50,000 Crore in Loans to MSMEs and Toolkits to Artisans on Vishwakarma Jayanti

The announcement coincides with the celebrations of Vishwakarma Jayanti.

Vishwakarma Shram Samman Yojana: In a major initiative to empower local artisans and boost the Micro, Small, and Medium Enterprises (MSME) sector, Uttar Pradesh Chief Minister Yogi Adityanath will distribute ₹50,000 crore in loans to MSME units and toolkits to handicraftsmen and artisans under the Vishwakarma Shram Samman Yojana and the One District One Product (ODOP) programme. The announcement coincides with the celebrations of Vishwakarma Jayanti.

Yogi Adityanath to Distribute ₹50,000 Crore in Loans to MSMEs and Toolkits to Artisans on Vishwakarma Jayanti

This event, which underscores the government’s commitment to supporting craftsmanship and local industries, will be held in the presence of Rakesh Sachan, the state’s Minister for Micro, Small & Medium Enterprises, Khadi & Village Industries, Sericulture Industries, Handloom & Textile, along with other dignitaries.

The distribution event on Vishwakarma Jayanti marks a key milestone

The Vishwakarma Shram Samman Yojana aims to provide training, financial aid, and tools to artisans and traditional workers, while the ODOP programme focuses on promoting locally-made products unique to each district, helping artisans scale up their businesses and boost exports. The ₹50,000 crore loan initiative is expected to give a substantial push to the MSME sector in Uttar Pradesh, creating job opportunities and stimulating economic growth across the state.

The distribution event on Vishwakarma Jayanti marks a key milestone in the government’s ongoing efforts to enhance the livelihoods of artisans and bolster the state’s industrial base.

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