PM Vishwakarma Scheme. If you’re involved in a traditional occupation and believe, “If I get a little help, my work can progress,” then the Pradhan Mantri Vishwakarma Kaushal Samman Yojana is designed for you. Many people know the name of this scheme, but lack complete information about its true benefits, eligibility, and training loans.
What is the PM Vishwakarma Yojana
PM Vishwakarma Scheme. This is a special welfare scheme of the Central Government, launched for artisans, craftsmen, and traditional tradespeople who need modern technology and financial support to hone their skills. This scheme not only provides training but also provides financial assistance, toolkits, and loans at affordable interest rates so that no traditional artisan is left behind.
Objective of the Scheme: Your Skill, Your Identity
PM Vishwakarma Scheme. The objective of this scheme is to honour artisans engaged in traditional trades, from carpentry, blacksmithing, goldsmithing, barbering, cobbling, tailoring, stonecutting, and sculpting, to teach them new techniques and bring their work to the modern market. This is why it is called the “Vishwakarma Skill Award.”
What is included in the scheme? You’ll be delighted to know the benefits.
1. Stipend + Skill Training
After joining the scheme, beneficiaries receive advanced skill training. During this period, each artisan receives a stipend of ₹500 per day to ensure they can continue their training comfortably.
2. Toolkit Assistance of ₹15,000
The government provides a modern toolkit assistance of up to ₹15,000, which will help them further enhance their skills.
3. Affordable interest loans, hassle-free
The scheme provides loans in two phases:
Phase 1: ₹1 lakh loan for 18 months
Phase 2: ₹2 lakh loan for 30 months
And most importantly
The interest rate on the loan is very affordable, allowing artisans to expand their business without pressure.
Who can join this scheme? Understand the eligibility criteria
Only those working in 18 traditional occupations in India can apply for the PM Vishwakarma Yojana. These include:
Cobblers/Shoemakers
- Tailors
- Washermen
- Blacksmiths
- Masons
- Boatmakers
- Malakars
- Fishing Net Makers
- Lock and Tool Makers
- Basket, Mat, and Broom Makers
- Toy Makers
- Barbers (Hair Cutting)
- Sculptors
- Stone Carvers
- Weapon Makers
If you are engaged in any of these professions and are over 18 years of age, you can apply for this scheme.
How to Apply
The application process is done through the government’s official website and Common Service Centres (CSCs). Aadhaar, mobile number, bank account, and basic occupational certificates are required.
FAQs – Frequently Asked Questions
Q1. Is this scheme open to all Indians?
No, this scheme is only for artisans engaged in 18 traditional occupations.
Q2. What is the interest rate on the loan?
The government provides a subsidy, so the interest rate is very low, lower than regular banks.
Q3. Is training necessary?
Yes, because without training, you won’t be able to access the stipend and toolkit.
Q4. Will everyone be eligible for a loan?
If you are eligible and your documents are in order, you will receive the loan.
Disclaimer: This article is for informational purposes only. All rules, eligibility, conditions, and benefits related to this scheme may be changed by the government from time to time. Please verify the details at the official government website or CSC centre before applying. This article does not promote any political, financial, or personal gain.
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