PM Vishwakarma Yojana : Know the Scheme Details  How To Get a Loan.

The PM Vishwakarma Yojana is a scheme aimed at supporting individuals with traditional skills in establishing their businesses. This programme not only provides financial assistance but also offers skill training to beneficiaries. Traditional artisans like blacksmiths, goldsmiths, potters, carpenters, and cobblers stand to benefit from this initiative, which encompasses 18 specific traditional trades. Let’s delve into the scheme in greater detail.

Financial Assistance: 
Individuals possessing traditional skills can access loans under this scheme, with amounts reaching up to Rs 3 lakh.
The scheme follows a two-phase approach: a loan of Rs 1 lakh is granted in the first phase to kickstart the business, and a second-phase loan of up to Rs 2 lakh is available for business expansion.
These loans carry a low interest rate of 5%.

Skill Training: 
The PM Vishwakarma Yojana includes provisions for skill training, which will be conducted in the 18 specified trades.
Master trainers will oversee the training process, and trainees will receive a daily stipend of Rs. 500.
Additional benefits include a PM Vishwakarma certificate, ID card, skill upgrades through basic and advanced training, a toolkit incentive of Rs 15,000, and incentives for digital transactions.

 Qualification Requirements: 
To be eligible for this programme, applicants must meet the following criteria:
1. Be a citizen of India.
2. Be associated with one of the 18 designated trades covered by the scheme.
3. Be between the ages of 18 and 50.
4. Possess a certificate in the relevant trade from a recognised institute.
5. Belong to one of the 140 castes included in the scheme.

Trade Name

Profession/ Trade NameSub -Category
Carpenter (Suthar)
Boat Maker
Blacksmith (Lohar)
Hammer and Tool Kit Maker
Goldsmith (Sunar)
Potter (Kumhar)
Sculptor (Moortikar)/ stone carver / Stone breaker
Cobbler (Charmkar)/ Shoesmith/ Footwear makers
Masons (Mistri)1. Traditional Basket Maker
2. Traditional Mat Waver
Basket Maker/ Basket Waver: Mat maker/ Coir Weaver/3. Traditional Broom Maker
Broom maker4. Basic Coin Fibre products
Doll & Toy Maker (Traditional)
Barbers (Naai)
Washerman (Dhobi)
Tailor (Darzi)
Fishing Net Makers

Necessary Documents:

To avail of the scheme’s benefits, beneficiaries must provide the following documents:

  • Aadhaar card
  • PAN card
  • Income certificate
  • Caste certificate
  • Identity card
  • Residence certificate
  • Passport-size photograph
  • Bank passbook
  • valid mobile number

How to Apply PM Vishwakarma Yojana

Application Process:
To apply for the PM Vishwakarma Yojana, follow these steps:
1. Visit the official website, pmvishwakarma.gov.in.
2. Click on the “Apply Online” link.
3. Register for the PM Vishwakarma Yojana.
4. Receive your registration number and password via SMS on your mobile.
5. Thoroughly read and complete the registration form.
6. Scan and upload all required documents along with the filled-out form.
7. Click the submit button to complete the application process.

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