The PM Vishwakarma Yojana is a new government scheme that aims to support and empower traditional artisans and craftspeople in India. The scheme was announced in the Union Budget 2023-24 and launched on September 17, 2023.
About PM Vishwakarma Yojana:
The PM Vishwakarma Yojana is a Central Sector Scheme, which means that it will be implemented by the central government. The scheme is expected to benefit around 15,000 artisans and craftspeople each year.
The scheme will be implemented in a phased manner. In the first phase, the scheme will be implemented in 100 districts across India. In the subsequent phases, the scheme will be extended to cover all districts in India.
The PM Vishwakarma Yojana is a significant step towards preserving and promoting India’s rich cultural heritage. The scheme is expected to help artisans and craftspeople to scale up their businesses and earn more income.
PM Vishwakarma Yojana Eligibility:
The scheme is open to artisans and craftspeople who are engaged in any of the following 18 traditional trades:
- Traditional Trades Covered
- Carpenter (Suthar)
- Boat Maker
- Armourer
- Blacksmith (Lohar)
- Hammer and Tool Kit Maker
- Locksmith
- Sculptor (Murtikar, Stone Carver), Stone Breaker
- Goldsmith (Sunar)
- Potter (Kumhaar)
- Cobbler(Charmakar) / Shoesmith / Footwear Artisan
- Mason (Raaimistri)
- Basket / Mat / Broom Maker / Coir Weaver
- Doll & Toy Maker(Traditional)
- Barber (Naai)
- Garland Maker (Malakaar)
- Washerman (Dhobi)
- Tailor (Darzi)
- Fishing Net Maker
To know more details about Eligible Trades please visit: PM Vishwakarma Yojana Eligible Trades
- You must be at least 18 years old on the date of registration.
- You must be an Indian citizen and resident of India.
- Only one family member can apply for the Scheme and be eligible for benefits under it. A “family” for purposes of receiving benefits under the Scheme is defined as the husband, wife, and unmarried children.
- A person who is employed in any government service (Central/State) and the family members of that person cannot avail of the benefits of the scheme.
- The beneficiary must be working in the eligible trades at the time of registration and must not have benefited from loans under PMEGP, PM SVANidhi, MUDRA, or other credit-based programmes for self-employment or business development offered by the Central Government or State Governments within the last five years.
- The recipients of MUDRA and SVANidhi, on the other hand, who have fully returned their loans, will be qualified under PM Vishwakarma. This five-year period will start counting from the day the loan was approved.
PM Vishwakarma Yojana Benefits:
PM Vishwakarma Yojana offers a number of benefits to eligible artisans and craftsmen, including:
Collateral Free Loans:
Up to ₹3 lakh at an interest rate of 5% per annum for a period of four years. Rs 1 lakh (First Tranche with 18 months repayment) & Rs 2 lakh (Second Tranche with 30 months repayment). Government of India covers the Credit Guarantee fees. The collateral-free loans can help artisans and craftsmen to upgrade their skills, purchase equipment, or expand their businesses. This can help them to improve their productivity, efficiency, and profitability.
Tool Support:
Receive a grant of Rs 15,000 to invest in tools and equipment.
Market Linkage Support:
Assistance in connecting with buyers and markets for your products. The assistance in connecting with buyers and markets can help artisans and craftsmen to sell their products more easily. This can help them to increase their sales and profits.
Incentives for Digital Transactions:
Incentives for using digital payments and online marketing platforms. The incentives for using digital payments and online marketing platforms can help artisans and craftsmen to become more efficient and competitive. This can help them to reach a wider audience and grow their businesses. Artisans and Craftsmen will earn Rs 1 per transaction, with a maximum cap of 100 transactions per month.
Free Skill Training:
Free skill training in your chosen trade from government-approved institutes. Government will provide fundamental and advance training along with a stipend of Rs 500 per day during skill training. The fundamental training will be of 5-7 days (40 hours) and advanced training program will be of 15-day (120-hour). The free skill training can help artisans and craftsmen to improve their skills and knowledge. This can help them to stay ahead of the competition and meet the changing demands of the market.
Certificate and an Identification Card:
Government will issue certificate and an identification card for those who become the part of Pm Vishwakarma Yojna.
Marketing Assistance:
National Committee for Marketing (NCM) will help in Quality Certification, Branding, and Advertisement for finished products.
Overall, the PM Vishwakarma Yojana is a valuable opportunity for skilled artisans and craftsmen in India to access financial assistance, skill training, and other support to improve their businesses and create more employment opportunities.
PM Vishwakarma Yojana Documents Requirements
The following documents are required to apply for the PM Vishwakarma Yojana:
- Aadhaar card
- Voter ID card
- PAN card
- Domicile certificate
- Bank account details
- Income certificate (optional)
- Caste certificate (optional)
In addition to the above documents, you may also be required to provide the following documents:
- Proof of self-employment (e.g., trade license, shop registration certificate, etc.)
- Proof of experience in the trade (e.g., sales receipts, invoices, etc.)
- Proof of membership in a trade association (optional)
You can submit the required documents online or offline. If you are submitting the documents offline, you can submit them to the nearest Common Service Centre (CSC).
Note: The documents required for the PM Vishwakarma Yojana may vary depending on the state or union territory in which you are applying. It is advisable to contact the nearest CSC or the concerned state or union territory government department for more information on the required documents.
PM Vishwakarma Yojana Online Registration:
To apply for the PM Vishwakarma Yojana, you can visit the official portal of the scheme.
The PM Vishwakarma Yojana is a welcome initiative by the government to support and empower traditional artisans and craftspeople in India. The scheme offers a number of benefits to beneficiaries, including financial assistance, skill training, and government recognition. If you are an artisan or craftsperson, I encourage you to apply for this scheme and avail its benefits.