{"id":52957,"date":"2025-08-24T13:52:05","date_gmt":"2025-08-24T08:22:05","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=52957"},"modified":"2025-08-27T12:58:27","modified_gmt":"2025-08-27T07:28:27","slug":"pm-vishwakarma-scheme-eligibility","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/pm-vishwakarma-scheme-eligibility\/","title":{"rendered":"PM Vishwakarma Scheme Eligibility, Objective, Benefits"},"content":{"rendered":"

The PM Vishwakarma Scheme was launched on September 17, 2023 by the Prime Minister of India in order to support artisans and craftsmen practicing traditional trades. It is a central sector scheme and has had a huge response with about two million applications being filled on the \u2018pm vishwakarma.gov.in. The Ministry of Micro, Small and Medium Enterprises (MSME) is the implementing ministry of this scheme.<\/p>\n

PM Vishwakarma Scheme Overview\u00a0<\/h2>\n

The PM Vishwakarma Scheme launched in 2023 aims to support traditional artisans and craftsmen, also known as \u201cVishwakarmas\u201d, who are engaged in handicrafts and other small-scale industrial activities.\u00a0<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

PM Vishwakarma Scheme Overview<\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

Launch Date<\/strong><\/p>\n<\/td>\n

\n

September 17, 2023<\/p>\n<\/td>\n<\/tr>\n

\n

Ministry<\/strong><\/p>\n<\/td>\n

\n

Ministry of Micro, Small, and Medium Enterprises (MoMSME)<\/p>\n<\/td>\n<\/tr>\n

\n

Duration<\/strong><\/p>\n<\/td>\n

\n

2023-2028<\/p>\n<\/td>\n<\/tr>\n

\n

Financial Outlay<\/strong><\/p>\n<\/td>\n

\n

\u20b913,000 crore<\/p>\n<\/td>\n<\/tr>\n

\n

Target Beneficiaries<\/strong><\/p>\n<\/td>\n

\n

Artisans in 18 traditional trades (e.g., carpentry, blacksmithing, pottery, weaving)<\/p>\n<\/td>\n<\/tr>\n

\n

Key Components<\/strong><\/p>\n<\/td>\n

\n
    \n
  1. Recognition (Certificate & ID)<\/li>\n
  2. Skill Training<\/li>\n
  3. Toolkit Incentive<\/li>\n
  4. Credit Support<\/li>\n
  5. Digital Transaction Incentives<\/li>\n
  6. Marketing Support<\/li>\n<\/ol>\n<\/td>\n<\/tr>\n
\n

Credit Support<\/strong><\/p>\n<\/td>\n

\n

Collateral-free loans up to \u20b93 lakh at 5% interest<\/p>\n<\/td>\n<\/tr>\n

\n

Eligibility<\/strong><\/p>\n<\/td>\n

\n

Aged 18+, engaged in traditional trade, no similar loans in the past 5 years<\/p>\n<\/td>\n<\/tr>\n

\n

Official Website<\/strong><\/p>\n<\/td>\n

\n

pmvishwakarma.gov.in<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

PM Vishwakarma Scheme Objectives\u00a0<\/h2>\n

The PM Vishwakarma Scheme honors traditional artisans by giving them the position of \u201cVishwakarma\u201d making them eligible for many benefits. The Objectives of PM Vishwakarma are:\u00a0<\/p>\n

    \n
  • Artisans are offered collateral-free loans with reduced borrowing costs due to interest subsidies.\u00a0<\/li>\n
  • The scheme aims to provide basic and advanced skills to artisans, helping them improve the skills through training programmes.<\/li>\n
  • Providing tools and technology to artisans in order to improve productivity and quality of work and products.\u00a0<\/li>\n
  • Teaching the use of digital payment methods and also offering incentives.\u00a0<\/li>\n
  • Showcase brands and the access to new markets for business expansion.\u00a0<\/li>\n
  • Provide economic opportunities by integrating traditional artisans into formal economy and global supply chains.<\/li>\n<\/ul>\n

    PM Vishwakarma Yojana Details<\/h2>\n

    Below are the key details of the PM Vishwakarma Yojana:<\/p>\n

    \n\n\n\n\n\n\n\n\n\n
    \n

    PM Vishwakarma Yojana Details<\/strong><\/p>\n<\/td>\n<\/tr>\n

    \n

    Enrolment Process<\/strong><\/p>\n<\/td>\n

    		\n

    Enrolment through Common Service Centres (CSCs) using Aadhaar-based biometric authentication on the PM Vishwakarma portal.<\/p>\n<\/td>\n<\/tr>\n

    \n

    Target Groups<\/strong><\/p>\n<\/td>\n

    		\n

    Artisans and craftspeople engaged in 18 trades : Carpenter, Boat Maker, Armourer, Blacksmith, Hammer and Tool Kit Maker, Locksmith, Goldsmith, Potter, Sculptor, Stone Breaker, Cobbler, Mason, Basket\/Mat\/Broom Maker, Doll & Toy Maker, Barber, Garland Maker, Washerman, Tailor, Fishing Net Maker.<\/p>\n<\/td>\n<\/tr>\n

    \n

    Key Benefits Offered<\/strong><\/p>\n<\/td>\n

    		\n
      \n
    1. Recognition : PM Vishwakarma certificate and ID card.<\/li>\n
    2. Skill Upgradation : Basic (5-7 days) and Advanced (15+ days) Training with Rs. 500 stipend\/day.<\/li>\n
    3. Toolkit Incentive : Up to Rs. 15,000 in e-vouchers for Basic Skill Training.<\/li>\n
    4. Credit Support : Collateral-free loans up to Rs. 3 lakh in two tranches with 5% interest rate and 8% government subvention.<\/li>\n
    5. Digital Transaction Incentive : Re. 1 per digital transaction (up to 100 transactions\/month).<\/li>\n
    6. Marketing Support : Quality certification, branding, e-commerce onboarding, and other marketing activities.<\/li>\n
    7. Udyam Assist Platform : Enrolment in formal MSME ecosystem.<\/li>\n<\/ol>\n<\/td>\n<\/tr>\n
    \n

    Loan Details<\/strong><\/p>\n<\/td>\n

    		\n
      \n
    • Loan Amount : Up to Rs. 3 lakh in two tranches (Rs. 1 lakh and Rs. 2 lakh).<\/li>\n
    • Interest Rate : 5% with 8% subvention from the Government of India.<\/li>\n
    • Tenure : First tranche (Rs. 1 lakh) – 18 months; Second tranche (Rs. 2 lakh) – 30 months.<\/li>\n
    • Eligibility for 2nd Tranche : Beneficiaries must have completed Basic Training, maintained a standard loan account, and adopted digital transactions.<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
    \n

    Digital Transaction Incentive<\/strong><\/p>\n<\/td>\n

    		\n

    Re. 1 per digital transaction, up to a maximum of 100 transactions per month.<\/p>\n<\/td>\n<\/tr>\n

    \n

    Marketing Support<\/strong><\/p>\n<\/td>\n

    		\n

    Includes quality certification, branding, promotion on e-commerce platforms like GeM, advertising, and publicity.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

    PM Vishwakarma Scheme Eligibility<\/h2>\n

    The eligibility criteria for the PM Vishwakarma Scheme are as follows:\u00a0<\/p>\n

      \n
    • The applicant has to be minimum 18 years of age during the time of registration.\u00a0<\/li>\n
    • The applicant should be enrolled in at least one out of the 18 specified trades within the unorganised sector.\u00a0<\/li>\n
    • The artisan should be dependent on using hands and tools while working in the unorganised sector.\u00a0<\/li>\n
    • Applicants who have already applied for schemes like PM-SVANidhi are not eligible to apply for this scheme. One can only reapply after replaying the loan.\u00a0<\/li>\n
    • Only one member from a family is eligible to apply for the scheme.\u00a0<\/li>\n
    • Government employees and their families are not eligible to apply for the scheme.<\/li>\n<\/ul>\n

      PM Vishwakarma Yojana Benefits\u00a0<\/h2>\n

      PM Vishwakarma Yojana offers the following benefits:\u00a0<\/p>\n

        \n
      • Providing the sources and skills to the artisans in order to help improve their trade practices.\u00a0<\/li>\n
      • Ensuring artisans economic stability by giving them access to credit and modern tools to improve productivity and increased income.\u00a0<\/li>\n
      • Maintaining the preservation of cultural heritage by promoting recognition and respect of traditional crafts.\u00a0<\/li>\n
      • Giving sustainable livelihoods to artisans through financial assistance and skill development.\u00a0<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"

        The PM Vishwakarma Scheme was launched on September 17, 2023 by the Prime Minister of India in order to support artisans and craftsmen practicing traditional trades.<\/p>\n","protected":false},"author":25,"featured_media":60124,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[786],"tags":[1235],"class_list":{"0":"post-52957","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-general-studies","8":"tag-pm-vishwakarma-scheme-eligibility","9":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/52957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=52957"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/52957\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/60124"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=52957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=52957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=52957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}