Virasat Scheme0
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VIRASAT Scheme – A Credit Scheme for Craftpersons

The National Minorities Development & Finance Corporation (NMDFC) launched this scheme with the purpose of helping Artisans and Craftspersons in meeting their working capital (making products as per the demand in the market) and fixed  capital requirements (machineries, equipment and tools).

Overview of Virasat – A Credit Scheme for Craftspersons

NameVirasat – A Credit Scheme for Craftspersons
Launched byNational Minorities Development & Finance Corporation
Launch year2019
Nodal MinistryNational Minorities Development and Finance Corporation
SectorCentral sector scheme
Aimpurpose of helping Artisans and Craftspersons
Objectiveto lend monetary assistance to minorities for income-generating purposes like small business and self-employment.
Official website

Objective and Benefits of Virasat – A Credit Scheme for Craftspersons

•Maximum Loan limit of  Rs. 10 lac can be availed under the scheme.

•1% lower interest rate than charged under term loan scheme (offered by NMDFC). 

•Further a 1% loan rebate is provided for the women artisans.

•NMDFC organises Hunar Haat Exhibitions for promoting traditional crafts. This provides a platform to artisans to sell/get orders for their artefacts.

External links


यह भी पढ़ें ->   Pradhan Mantri Shram Yogi Maan-Dhan Yojana (PM- SYM)