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Union Budget 2023: What is PM Vishwa Karma Kaushal Samman announced by FM Nirmala Sitharaman

PM Vishwa Karma Kaushal Samman is launched for traditional artisans. FM Nirmala Sitharaman said the PM Vishwa Karma Kaushal Samman is a package of assistance for traditional artisans and craftspeople.

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Finance Minister Nirmala Sitharaman is presenting the Union Budget 2023-24. The FM began the presentation in Lok Sabha at 11 am today. During her speech, the Finance Minister also announced details of a new scheme - PM Vishwa Karma Kaushal Samman. 

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The scheme is launched for traditional artisans. FM Nirmala Sitharaman said the PM Vishwa Karma Kaushal Samman is a package of assistance for traditional artisans and craftspeople. It has been conceptualised to enable them to improve the quality, scale, and reach of their products, integrating with the MSME value chain.

During the Union Budget speech in the House, Union Finance Minister Nirmala Sitharaman on Wednesday announced seven priorities of the Budget. These seven priorities are inclusive development, reaching the last mile, infra and investment, unleashing the potential, green growth, youth power, and financial sector.

Some of the important highlights announced today were an agriculture accelerator fund will be set up to help agri startups in the country and the government has announced to raise farm credit target to Rs 20 lakh crore. 

Prime Minister Narendra Modi on Wednesday said the first budget of the "amrit kaal" provides the foundation to fulfill the resolve for a developed India while giving priority to deprived sections of the society as well. In his first reaction to the Budget presented by Finance Minister Nirmala Sitharaman, Modi said it will fulfill the dreams of the aspirational society, farmers, and middle class. The middle class is a big force to fulfil dreams of a prosperous and developed India and our government has taken many decisions to empower it, the prime minister said.

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Touching on various aspects of the budget, he said the success of digital payments has to be replicated in the agriculture sector and a scheme has been brought for laying down digital infrastructure for it It will make cooperatives pivot of development of the rural economy, he said. "An unprecedented investment of Rs 10 lakh crore in infrastructure will give speed and new energy to development," he said.

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