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PM Vishwakarma under PIDF scheme
December 1 , 2023
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- Reserve Bank has been decided to include PM Vishwakarma under the Payments Infrastructure Development Fund (PIDF) Scheme.
- It also extends the tenure of the scheme by another two years.
- The PIDF Scheme aims at incentivising the deployment of payment acceptance infrastructure such as physical Point of Sale (PoS), Quick Response (QR) codes in tier-3 to tier-6 centres, north-eastern states and Union Territories of Jammu & Kashmir and Ladakh.
- PM Vishwakarma scheme proposed to offer up to 8% subsidy for loans given to artisans.
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