Question
Which interest rate is offered under the PM Vishwakarma
Scheme for collateral-free credit support?Solution
PM Vishwakarma Scheme Features 2024: Artisans and craftspeople enrolled in the program will receive a PM Vishwakarma certificate and an identity card. They will also be eligible for collateral-free credit support, with the first tranche being up to ₹1 lakh and the second tranche up to ₹2 lakh, both at a concessional interest rate of 5%.
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