The correct answer is Option 3 Explanation & Key Takeaways: • Indian Handicrafts Development Corporation was established in 1958 to promote and preserve traditional Indian handicrafts. • The corporation works to provide marketing and financial support to artisans and craftspeople across India. • 'PM Vishwakarma Kaushal Samman' Scheme is a Central Government initiative aimed at upskilling traditional artisans and craftspeople. • The scheme focuses on empowering artisans by providing training, financial assistance, and support to improve their productivity and earnings. Related Concepts: • Indian Handicrafts Development Corporation: • This organization was established in 1958 by the Indian government to preserve, promote, and encourage the traditional arts and crafts of India. • It plays a significant role in providing artisans with access to global markets, financial aid, and technical support. • The corporation also organizes exhibitions and trade fairs to showcase Indian handicrafts globally. • 'PM Vishwakarma Kaushal Samman' Scheme: • Launched by the Central Government, this scheme focuses on empowering traditional craftsmen and artisans by enhancing their skills through training programs. • It provides financial assistance, loans, and support to enable artisans to purchase modern tools and equipment. • The scheme aims to preserve traditional art forms while also ensuring that artisans can adapt to modern demands and markets. • Artisan Empowerment: • The Government of India has implemented various schemes to uplift the artisan community, including the Handicrafts Cluster Development Program and the Artisan Credit Card Scheme. • These programs aim to provide holistic development and financial independence to artisans, ensuring the sustainability of traditional crafts. • Handicrafts in India: • India is known for its diverse and rich handicraft traditions, including pottery, textiles, woodwork, metalwork, and more. • These crafts are not only a source of livelihood for millions of artisans but also an important part of India's cultural heritage.