PM Vishwakarma Yojna is a government initiative designed to support traditional artisans and craftsmen by providing financial aid, training, and access to modern tools. Here, you will explore how this scheme helps revive age-old skills, while also promoting self-employment and economic growth across India. It’s all about giving a boost to skilled workers and ensuring these valuable traditions thrive!
India’s rich tradition of craftsmanship runs deep in its villages, towns, and cities, where millions of artisans and craftspeople, known as Vishwakarma, have kept age-old skills alive. To help uplift these communities and bring them into the mainstream economy, the Government of India launched the PM Vishwakarma Yojana on September 17, 2023. Also known as the PM Vishwakarma Scheme, it aims to provide holistic support, financial inclusion, and skill development for artisans across 18 traditional trades.
This scheme is implemented and active for five years from 2023 to 2028. Now, let’s understand how you can make the most of the PM Vishwakarma scheme and benefit from the opportunities it offers!
What is PM Vishwakarma Yojana?
The PM Vishwakarma Yojana is a government initiative under the Ministry of Micro, Small, and Medium Enterprises (MSME), aimed at supporting traditional artisans and craftspeople like you who work with their hands and tools in the unorganized sector. This scheme recognizes these skilled individuals as “Vishwakarma”, offering them formal recognition, skill training, financial assistance, and market access to help improve their livelihoods and grow their businesses. It’s all about empowering artisans and preserving India’s rich craftsmanship!
Objectives of the Pradhan Mantri Vishwakarma Scheme
Recognition
You’ll receive official identification and certification as a Vishwakarma, recognizing your traditional skills and craftsmanship.
Skill Development
The scheme offers both basic and advanced training to help you upgrade your skills and adapt to modern tools. This will help to bring more efficiency to your work.
Financial Inclusion
You’ll have access to collateral-free loans with subsidized interest rates, making it easier for you to grow your business.
Market Linkage
You’ll get support for branding, digital transactions, and even access to national e-commerce platforms, expanding your market reach.
Social Security
The scheme also connects you with social welfare programs to ensure your overall well-being.
Key Features of the PM Vishwakarma Loan Scheme
Feature
Details
Loan Amount
Avail up to Rs. 3 lakh (Rs. 1 lakh + Rs. 2 lakh in two tranches)
Interest Rate
The interest rate is 5%, and the government pays an 8% subvention.
Repayment Period
18 months to repay the first loan, and 30 months for the second loan
Collateral
No collateral is required.
Eligibility for 2nd Loan
Timely repayment of first loan, digital adoption, or advanced training completion.
Occupations Considered Under PM Vishwakarma Scheme
You should be engaged in one of 18 family-based traditional trades, which include:
Carpenter
Boat Maker
Blacksmith (Lohar)
Goldsmith
Potter
Sculptor
Cobbler
Mason
Barber
Washerman
Tailor
Basket/Mat/Broom Maker
Doll & Toy Maker
Garland Maker
Locksmith
Hammer & Tool Kit Maker
Armor Maker
Fishing Net Maker
Eligibility Criteria for PM Vishwakarma Yojana
The PM Vishwakarma Yojana eligibility criteria are clearly defined here to ensure it reaches those who need it most. Here’s what you need to know:
Eligibility
You must be at least a minimum of 18 years old and engaged in family-based artisan trades.
You need to be self-employed or run a small business in the unorganized sector.
If you’ve already received similar government loans in the past five years (like PMEGP, PMMY, etc.), you won’t be eligible for this scheme.
Non-Eligibility
Government employees and their family members are excluded from this scheme.
Only one member per family can register and benefit from the PM Vishwakarma scheme.
Documents Required for PM Vishwakarma Scheme
Aadhaar card
Proof of occupation/trade
Address Proof
Caste Certificate
Ration card
Bank account details
Passport-size photographs
Domicile certificate (if required)
Other KYC documents as specified by the CSC.
How to Apply for the PM Vishwakarma Scheme?
Applying for the PM Vishwakarma Yojana is simple and accessible. Here’s how you can register:
Step 1: Head to a nearby Common Service Centre (CSC) for Aadhaar-based biometric verification.
Step 3: Once registered, you’ll receive your digital PM Vishwakarma ID and can download your certificate.
Step 4: After that, you can apply for the scheme’s benefits, including loans and training, through the Vishwakarma portal.
It’s an easy process that helps you access the benefits you deserve!
Benefits of PM Vishwakarma Yojana
The PM Vishwakarma Scheme offers several benefits to help uplift artisans and craftsmen like you: Recognition & Certification
You’ll receive a digital ID and certificate as a Vishwakarma artisan which you can showcase to get employment opportunities.
Skill Training
You’ll get basic training for 5-7 days (about 40 hours), along with a stipend of Rs. 500 per day. If you're interested, you can also enroll in advanced training for 15 days (about 120 hours) to further improve your skills.
Toolkit Grant
Once you complete the training, you’ll receive a one-time grant of Rs. 15,000 to buy modern tools and equipment, making your work more efficient and up-to-date.
Collateral-Free Loans
- The first loan is offered of Rs.1 lakh, which should be repaid in 18 months.
- A second loan is offered of Rs.2 lakh, which is repayable in 30 months. You can avail of this only after the timely repayment of the first loan.
PM Vishwakarma Loan Interest Rate
You’ll enjoy a concessional 5% interest rate, with the government providing an 8% interest subvention to make it even more affordable.
Digital Incentives
You’re encouraged to make digital transactions, and you’ll receive Rs. 1 per transaction (up to 100 transactions per month) to promote digital payments.
Market Support
The scheme also provides assistance with quality certification, branding, advertising, and helps you sell your products on government e-marketplaces (GeM) and other online platforms.
Real-World Examples of PM Vishwakarma Scheme
Furniture Making Business
Tailoring and Embroidery Unit
Pottery and Clay Craft Enterprise
Blacksmithing Workshop
Carpentry and Woodwork Shop
Toy Making Business
Light Fitting and Electrical Work Unit
Sewing and Knitting Micro-Enterprise
Women-led Handicraft Business
Related Government Support Plans with PM Vishwakarma Scheme
Scheme Name
How It Links with PM Vishwakarma Scheme
Pradhan Mantri Mudra Yojana (PMMY)
If you're supported under PM Vishwakarma, you can use Mudra loans for working capital or business expansion.
Prime Minister’s Employment Generation Programme (PMEGP)
Provides financial support to set up micro-enterprises, complementing PM Vishwakarma's focus on traditional skills and self-employment.
Stand-Up India Scheme
Offers loans to SC/ST and women entrepreneurs, including those under PM Vishwakarma, to help you start or expand your business.
Skill India Mission (Pradhan Mantri Kaushal Vikas Yojana)
Offers skill development and training programs that increase the abilities of artisans registered under PM Vishwakarma.
Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)
Provides credit guarantees for collateral-free loans, making it easier for Vishwakarma beneficiaries to access finance.
Final Word
The PM Vishwakarma Yojana is a transformative step towards empowering India’s traditional artisans. By providing skill development, financial support, and market access, the scheme aims to ensure that the Vishwakarma community receives the recognition, respect, and opportunities they deserve. As India continues to grow, initiatives like this will be key in preserving our heritage while encouraging inclusive economic growth.
For more information and to apply, visit the official PM Vishwakarma portal or your nearest Common Service Centre.
The PM Vishwakarma toolkit is a set of modern tools and equipment provided to eligible artisans under the scheme. Beneficiaries receive a digital e-voucher worth up to Rs.15,000, which can be used to purchase tools relevant to their trade, helping them improve productivity and quality of work.
2. How to get the PM Vishwakarma toolkit?
After successful registration and approval under the scheme follow the below given steps.
Log in to the PM Vishwakarma portal using your registered mobile number.
Select your preferred toolkit and claim the e-voucher online.
Use the e-voucher at designated vendors to obtain your toolkit.
3. Where to apply for PM Vishwakarma Yojana?
You can apply for the PM Vishwakarma Yojana online at the official website or by visiting your nearest CSC (Common Service Centre), where staff will assist you with the registration and documentation process.
4. How to find the PM Vishwakarma training centre near me?
After registration, information about training centres is provided through the PM Vishwakarma portal or by the CSC where you registered. You can also ask the CSC for details about the nearest training centre for your trade.
5. Is collateral required to avail of loans under this scheme?
No collateral security is required for loans provided under the PM Vishwakarma scheme, making it accessible for small artisans and craftspeople.
