PM Vishwakarma Yojana is a new scheme launched by Prime Minister Shri Narendra Modi on Vishwakarma Day on 17 September 2023. This scheme was announced by Prime Minister Shri Narendra Modi on 15 August 2023. The objective of Pradhan Mantri Vishwakarma Yojana is to provide assistance to traditional artisans and craftsmen to enhance their products and services. Under this scheme, artisans and craftsmen will be recognized as ‘Vishwakarma’ and will be made eligible to get all the benefits under the scheme.
Also, suitable training will be arranged to enhance their skills. They will be taught to use modern equipment to increase their efficiency and productivity. Also, there will be a provision to provide loans without any security and interest waiver to the interested beneficiaries.
In addition, a platform will be provided for brand promotion and market linkage to promote digital empowerment and help for new opportunities. PM Vishwakarma gov in Yojana (Pradhan Mantri Vishwakarma Yojana) is an Important step for traditional artisans and craftsmen to enhance their work.
Table of Contents
PM Vishwakarma Yojana Overview
| Name of the scheme | Pradhan Mantri Vishwakarma Yojana |
|---|---|
| Scheme start date | 17 September 2023 |
| Who started the scheme? | Prime Minister Shri Narendra Modi |
| Place of commencement of the scheme | New Delhi |
| Beneficiaries of the scheme | Traditional artisans and craftsmen |
| Benefits of the scheme | Free training, funds for tool kits, loans, certificates, etc. |
| Official website of the scheme | Pmvishwakarma.gov.in |
Beneficiaries of Pradhan Mantri Vishwakarma Yojana (Eligibility)
Under the Pradhan Mantri Vishwakarma Yojana (PM Vishwakarma Gov In), initially these 18 types of artisans / craftsmen have been selected for the benefit of this scheme. An artisan or craftsman working with hands and tools in the unorganized sector on a self-employment basis and engaged in one of the following 18 family-based traditional occupations in the scheme will be eligible for registration under PM Vishwakarma Yojana.
Must belong to one of the following categories: Carpenter (Suthhar), Boat Builder, Armor Maker, Blacksmith (Lohar), Hammer & Tool Kit Maker, Locksmith, Goldsmith, Potter, Sculptor/ Stone Carver/ Stone Breaker, Cobbler (Chamarakar)/ Shoe Maker/ Footwear Artisan, Mason (Mason), Basket Maker/ Basket Weaver/ Mat Maker/ Coir Weaver/ Broom Maker, Doll & Toy Maker (Traditional), Barber, Garland Maker (Malakar), Washerman, Tailor and Fishing Net Maker.
Age Limit: The minimum age of the beneficiary should be 18 years on the date of registration.
Family related eligibility: The beneficiary should be engaged in the relevant business on the date of registration and should not have taken loan under similar credit-based schemes of Central Government or State Government for self-employment/business development. Should not have availed any benefit under PMEGP, PM SVANidhi, MUDRA scheme in the last 5 years. Registration and benefit under Pradhan Mantri Vishwakarma Yojana can be availed by only one member of the family. To avail the benefits under the scheme, a ‘family’ will be considered as husband, wife and unmarried children.
Should not hold a government job: Individuals employed in government service and their family members will not be eligible under this scheme.
Benefits of Prime Minister Vishwakarma Yojana
The following benefits are associated with the Pradhan Mantri Vishwakarma Yojana.
Recognition: Under the PM Vishwakarma Yojana, the beneficiary will get recognition as Vishwakarma through a certificate and ID card. With this, the beneficiary can get benefits by showing his Pradhan Mantri Vishwakarma certificate for the job.
Kaushal (Training): After training verification, basic training of 5-7 days (40 hours) will be given. Interested candidates can also enroll for advanced training of 15 days (120 hours). Rs 500/- will be given per day during training.
Amount for Toolkit: After the training, the beneficiary will be given an amount of Rs 15,000 so that he/she can buy the toolkit and start his/her work.
Loan Assistance: For the first time, the beneficiary of Pradhan Mantri Vishwakarma Yojana will be given an unsecured enterprise development loan of Rs 1 lakh which can be repaid in 18 months. And if you repay the first loan on time, then you can take a loan of Rs 2 lakh for the second time for which the repayment time is 30 months.
The concessional rate of interest will be 5%. And the loan will be paid by MoMSME at an interest rate of 8%. The credit guarantee fee in this process of loan will be borne by the Government of India
Incentive for Digital Transactions: If you transact digitally then Rs. 1 per transaction (for maximum 100 transactions) will be given every month.
Marketing Assistance: National Marketing Committee (NCM) will provide services like quality certification, branding & promotion, e-commerce linkage, trade fairs advertising, publicity and other marketing activities to the beneficiary.
How to register for Pradhan Mantri Vishwakarma Yojana
Registration and application for Pradhan Mantri Vishwakarma (pmvishwakarma.gov.in) scheme will be completed in the following steps. The information of which is given here. By following these steps, you can apply for Pradhan Mantri Vishwakarma Yojana and take advantage of this scheme. To get registered under Pradhan Mantri Vishwakarma Yojana, you have to go to the nearest CSC center. Here you can register yourself to take advantage of Pradhan Mantri Vishwakarma Yojana by following the steps given below.
•Step-1: Mobile and Aadhaar Verification: Do your mobile verification and Aadhaar eKYC
• Step-2: Artisan Registration Form: Apply for Registration Form
• Step-3: PM Vishwakarma Certificate: Download PM Vishwakarma Digital ID and Certificate
• Step-4: Apply for scheme components: Start applying for availing various benefits
Important links related to Pradhan Mantri Vishwakarma Yojana
| PM Vishwakarma Yojana official website | Pmvishwakarma.gov.in |
FAQS
What is the Prime Minister’s Vishwakarma Scheme?
PM Vishwakarma is a central government scheme launched by the Ministry of Micro, Small and Medium Enterprises to provide holistic support to artisans and craftsmen through unsecured loans, skill training, modern equipment, encouragement for digital transactions and access to market.
Who is the beneficiary of Pradhan Mantri Vishwakarma Yojana?
Artisans and craftsmen engaged in these 18 trades are eligible.
Carpenter (Suthhar), Boat Builder, Armor Maker, Blacksmith (Lohar), Hammer & Tool Kit Maker, Locksmith, Goldsmith, Potter, Sculptor/ Stone Carver/ Stone Breaker, Cobbler (Chamarakar)/ Shoe Maker/ Footwear Artisan, Mason (Mason), Basket Maker/ Basket Weaver/ Mat Maker/ Coir Weaver/ Broom Maker, Doll & Toy Maker (Traditional), Barber, Garland Maker (Malakar), Washerman, Tailor and Fishing Net Maker.
What are the benefits of Pradhan Mantri Vishwakarma Yojana?
Vishwakarma Certificate and ID Card, Skill Development, Toolkit Promotion, Loan Assistance, Promotion for Digital Transactions, Marketing Support
What is the eligibility for Pradhan Mantri Vishwakarma Yojana?
An artisan or craftsman engaged on self-employment basis in the unorganized sector, working with hands and tools and engaged in family based traditional occupations, will be eligible for registration under PM Vishwakarma. The minimum age of the beneficiary should be 18 years on the date of registration. The beneficiary should be engaged in the relevant trade on the date of registration and should not have taken loan under similar credit-based schemes of Central Government or State Government for self-employment business development. Should not have availed any of the schemes PMEGP, PM SVANidhi, Mudra Yojana in the last 5 years. Registration and benefits under the scheme will be restricted to one member of the family. For availing benefits under the scheme, a ‘family’ is defined as husband, wife and unmarried children. Persons employed in government service and their family members will not be eligible under the scheme.
How to get benefits under Pradhan Mantri Vishwakarma Yojana?
People interested in availing the benefits of Pradhan Mantri Vishwakarma Yojana can register on the portal www.pmvishwakarma.gov.in.
What documents are required for registration on PM Vishwakarma Portal?
Beneficiaries must submit documents such as Aadhaar, mobile number, bank details, ration card for registration on the PM Vishwakarma portal. Beneficiaries may need to provide additional documents or information as per the requirements set by MoMSME.
From where can I get a loan under the Pradhan Mantri Vishwakarma Yojana?
Scheduled commercial banks, regional rural banks, small finance banks, co-operative banks, non-banking finance companies and microfinance institutions are eligible to offer loans under this scheme.
What is the initial loan amount under Pradhan Mantri Vishwakarma Yojana?
The initial ‘Enterprise Development Loan’ is up to Rs 1 lakh for a period of 18 months.
I have already received the first installment of the loan under PM Vishwakarma. When will I be eligible for the second installment of the loan?
The second loan tranche of up to Rupee 2 lakhs will be available to skilled beneficiaries who hold a standard loan account and have adopted digital transactions in their business or have received advanced skill training.
What is the rate and amount of interest rebate in Pradhan Mantri Vishwakarma Yojana?
The concessional interest rate for loan to beneficiaries has been fixed at 5%.
How much money will be given per day during the training period?
Trainee will get 500 per day
Can I receive the Toolkit amount without attending skill training programs?
No, toolkit amount up to Rupees 15,000 will be provided to the beneficiary after skill verification at the beginning of the training.
How many members of a family can apply for PM Vishwakarma Yojana?
Only one member from a family can apply for PM Vishwakarma.
What is the definition of family in PM Vishwakarma Yojana?
P.M. In Vishwakarma Yojana, a family is defined as husband, wife and their unmarried children (minimum age 18 years).
