PM Vishwakarma Scheme – The Government of India launched the Pradhan Mantri Vishwakarma Yojana, a central sector plan at the Yashobhoomi in Dwarka, New Delhi on 17 September 2023 the day of Vishwakarma Jayanti. Its main objective is to encourage and empower artists and craftspeople all throughout the nation to be self-sufficient. In this post you get every necessary information regarding this scheme including its benefits, objective, eligibility criteria, necessary documents and verification process.
PM Vishwakarma Scheme 2024
The PM Vishwakarma Yojana was recently announced by the Central Government. Under this scheme, the government provides financial support to artists and craftspeople. The Rs.13000 crore program would help the people in the unorganized sector by increasing their skills. Under this scheme, artists can apply for loans up to Rs 3 lacs at incredibly cheap interest rates.
Registered Vishwakarma workers also get allowances, unique identity and skill-training programs. Among the eighteen professions covered by the system are carpentry, boat building, armory, blacksmithing, tool making, locksmithing, goldsmithing, pottery, sculpture, stone carving, cobbling, masonry, basket weaving, doll and toy making, barbering, garland making, laundry, tailoring and fishing net manufacturing. The options provided by the program will benefit these people referred to as Vishwakarma.
Overview Of PM Vishwakarma Scheme 2024
| Name of the Scheme | PM Vishwakarma Scheme 2024 |
| Launched by | Indian Government of India |
| Beneficiaries | Citizens |
| Objective | Providing loans at low interest rates to various artisans. |
| Official Website | pmvishwakarma.gov.in |
Objective Of PM Vishwakarma Scheme
The primary goal of this yojana is to offer comprehensive, end to end support to artisans and crafters by giving them access to financing without collateral, training opportunities, contemporary technologies, rewards for digital transactions and assistance with market linkages.
Benefits Of PM Vishwakarma Scheme
- Giving the artists and crafters their ID cards and PM Vishwakarma certificates. Possibilities for developing and improving skills through training programs.
- After completing a skill assessment at the start of basic training, recipients are eligible for a toolkit reward of up to Rs.15,000.
- During Basic and Advanced Training sessions each recipient will get a training allowance of Rs.500 per day (through DBT mechanism upon completion of training).
- Help in obtaining financial facilities to fund enterprises.
- Incentives and rewards for using digital platforms to transact, encouraging financial inclusion.
- Support and direction in product marketing promoting the development and growth of their firm.
Eligibility Criteria
- The applicant must live in india.
- Using tools and their hands, artisans or unorganized sector workers perform one of the 18 designated traditional trades.
- You must be at least eighteen years old to apply.
- Benefits are not available to families of government employees.
Required Documents
- Aadhaar Card
- Ration Card
- Bank Account Details
- Address Proof
- Mobile Number
Payment Details:
- Basic and Advanced skill development programs will be available under the Vishwakarma system.
- Students who sign up for these classes will get an allowance.
- Recipients who participate in skill training will be paid 500 rupees each day in payment.
- A loan of up to one lakh rupees would be available during the scheme’s first phase with a nominal interest rate of no more than 5%.
- The second phase would provide a discounted loan of two lakh rupees upon firm establishment.
| Tranche | Maximum Loan Amount | Repayment Term |
| 1st | Up to Rs.1,00,000 | 18 Months |
| 2nd | Up to Rs.2,00,000 | 30 Months |
Eligible Trades
| Material/Profession | Craftsmen/Occupations |
| Wood Based | Carpenter (Suthar), Boat Maker |
| Iron/Metal Based | Armourer, Blacksmith (Lohar), Hammer and Tool Kit Maker, Locksmith, Sculptor (Moortikar, stone carver), Stone Breaker |
| Gold/Silver Based | Goldsmith (Sunar) |
| Clay Based | Potter (Kumhaar) |
| Leather Based | Cobbler (Charmakar), Shoesmith, Footwear Artisan |
| Architecture/ Construction | Mason (Raajmistri) |
| Others | Basket/Mat/Broom Maker/Coir Weaver, Doll & Toy Maker (Traditional), Barber (Naai), Garland Maker (Malakaar), Washerman (Dhobi), Tailor (Darzi), Fishing Net Maker |
Online Registration Process Of PM Vishwakarma Scheme 2024
- First you have to visit the Official Website of the yojana.
- The homepage will appear on your screen.
- Enter all the necessary details in the page.
- Applicants who have successfully registered can check the progress of their applications or get their ID card and Vishwakarma Certificate on the official website.
- To register for the Vishwakarma Yojana, go to the CSC or common service center that is closest to you.
- Bring every necessary document to the CSC facility and the operator will guide you through the portal registration procedure.
FAQ’s
In what way and when was the PM Vishwakarma Yojana introduced?
Prime Minister Narendra Modi announced the PM Vishwakarma government project which aims to improve the abilities and economic prospects of traditional craftsmen and laborers including blacksmiths and weavers on 17 September 2023. With a focus on crafts like carpentry and weaving, this effort seeks to assist around 30 million craftspeople in both rural and urban regions.
What is the PM Vishwakarma Yojana loan amount?
The qualified candidates shall be granted Enterprise Development Loans with no collateral up to Rs.3 lakh, payable in two equal installments of Rs.1 lakh and Rs.2 lakh with terms of 18 months and 30 months.
What is the official website of the scheme?
pmvishwakarma.gov.in