The PM Vishwakarma Yojana is a Central Government scheme launched on September 17, 2023, to support traditional artisans and craftspeople across India. The scheme aims to improve the skills, productivity, and income of people working in traditional occupations.
Under this initiative, eligible artisans can receive financial assistance, skill training, modern tools, and marketing support to grow their businesses.
Key Benefits of PM Vishwakarma Yojana
The scheme offers several benefits to eligible beneficiaries:
- Financial Support: Collateral-free loans of up to ₹3 lakh in two instalments, subject to eligibility and conditions.
- Low Interest Rate: Loans are offered at a concessional interest rate of 5% for beneficiaries.
- Skill Training: Basic and advanced training programmes help artisans improve their professional skills.
- Daily Allowance: Eligible trainees receive a stipend of ₹500 per day during training.
- Toolkit Incentive: Financial assistance of up to ₹15,000 is provided for purchasing modern tools.
- Marketing Support: Artisans can receive assistance with branding, packaging, digital transactions, and market access.
Who Is Eligible?
Traditional artisans and craftspeople working with their hands and tools in 18 specified family-based traditional trades may apply. Applicants must generally be at least 18 years old and meet the scheme’s eligibility conditions.
Some eligible trades include carpenters, blacksmiths, goldsmiths, potters, cobblers, tailors, barbers, masons, and basket makers.
How to Apply Online?
Eligible applicants can register through the official PM Vishwakarma portal with assistance from a Common Service Centre (CSC). Applicants generally need Aadhaar verification and other required documents.
Official Website: https://pmvishwakarma.gov.in/
Conclusion
PM Vishwakarma Yojana is an important initiative for traditional workers who want to improve their skills, access affordable loans, purchase modern tools, and expand their businesses. Eligible artisans should check the official portal for the latest guidelines and registration details.