Government Schemes & Programs Current Affairs - 2026-04-30

Background: The government has identified a digital divide among rural artisans hindering their market reach. Current Context: On April 28, 2026, the Ministry of Skill Development launched the 'PM-Vikas' (Viksit Kaushal) initiative to provide digital training to 5 lakh artisans. The program focuses on e-commerce integration and digital payments. Impact: This initiative will empower traditional craftsmen to sell products directly on global platforms, eliminating middlemen. It aims to increase the average income of rural artisans by 25% within two years, fostering economic self-reliance in the handicraft sector.

Background: The Nari Shakti Udyami scheme was initially launched to provide credit support to women entrepreneurs in manufacturing. Current Context: As of April 29, 2026, the government has expanded the scheme to include the service sector and retail trade. The revised guidelines offer interest subvention of 3% on loans up to Rs 50 lakh for women-led MSMEs. Impact: This expansion is expected to benefit over 1 lakh women entrepreneurs across India. By reducing the cost of capital, the scheme encourages more women to enter the formal economy and scale their businesses.