Why in the news?
The Ministry of MSME is promoting the products of Divyangjan Vishwakarma artisans through the One Station One Product (OSOP) initiative under the PM Vishwakarma (PMV) Scheme, providing dedicated retail spaces at railway stations to improve market access and livelihoods.
PM Vishwakarma (PMV) Scheme
- A flagship scheme of the Government of India.
- Launched to support traditional artisans and craftspeople.
Objectives
- Recognition of artisans and craftspeople.
- Issuance of PM Vishwakarma certificates and ID cards.
- Skill upgradation and training.
- Access to modern tools and technology.
- Market linkages. Financial assistance. Improved livelihood opportunities.
One Station One Product (OSOP)
- A marketing initiative under PM Vishwakarma.
- Dedicated retail outlets are established at selected high-footfall railway stations.
- Designed specifically to promote products made by Divyangjan Vishwakarma artisans.
Objectives
- Expand market reach.
- Increase product visibility.
- Enhance sales opportunities.
- Promote sustainable livelihoods.
- Foster economic inclusion and financial independence.
Achievements under OSOP
- Total Beneficiaries: 28 Divyangjan artisans facilitated.
- States Covered: 12 States/UTs
- Total Stalls: 28 stalls
[2023] Consider the following statements with reference to India:
1. According to the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006, the ‘medium enterprises are those with and machinery between is crore and 25 crore.
2. All bank loans to the Micro, Small and Medium Enterprises qualify under the priority sector.
Which of the statements given above is/are correct?
[A] 1 only
[B] 2 only
[C] Both 1 and 2
[D] Neither 1 nor 2