Fabindia Collaborates with MoMSME To Empower India’s Artisanal Heritage Under the PM Vishwakarma Scheme

Current Context: Fabindia has indeed partnered with the Ministry of Micro, Small, and Medium Enterprises (MoMSME) under the PM Vishwakarma Scheme.

• This collaboration aims to support and promote traditional Indian artisans by providing them with financial support, skill development, and marketing assistance.
• The initiative focuses on enhancing the market reach of artisan-made products through Fabindia’s extensive retail network.
• It also includes training programs to help artisans improve their craftsmanship and incorporate modern design trends.

Question:

1 What is the primary aim of the collaboration between Fabindia and the Ministry of Micro, Small, and Medium Enterprises (MoMSME) under the PM Vishwakarma Scheme?

• A) To support and promote traditional Indian artisans
• B) To provide tax benefits to Fabindia
• C) To modernize Fabindia's retail outlets
• D) To expand the international presence of Indian retail brands

Answer: A) The collaboration aims to support and promote traditional Indian artisans by providing them with financial support, skill development, and marketing assistance.