The PM Vishwakarma Yojana 2024 is a government scheme started by Prime Minister Narendra Modi. This program is designed to help traditional artisans and craftsmen, like carpenters, potters, and tailors. The scheme helps them with financial support, training to improve skills, and modern tools so that they can grow their work and find better job opportunities.
In this article, I’ll explain the scheme’s purpose, benefits, who can apply, how to apply, and other important details in a simple way.
What is PM Vishwakarma Yojana?
The Ministry of Micro, Small, and Medium Enterprises (MSME) launched the PM Vishwakarma Yojana on July 17, 2023. This scheme is introduced to help artisans who are involved in traditional family-based work by encouraging self-employment.
The government is spending ₹13,000 crore for this program. It provides financial support, skill development training, and rewards for working with modern techniques/ tools so that the artisans can improve their work and grow financially.
PM Vishwakarma Yojana 2024
This scheme has five main aims:
- This scheme is developed to help traditional artisans and craftsmen with funding.
- This scheme offers training programs to improve their skills.
- This scheme provides access to updated tools and equipment.
- This scheme also encourages artisans to become self-employed and independent.
- This boosts employment opportunities in the unorganized sector.
Features of PM Vishwakarma Yojana
Here’s how the scheme helps artisans and craftsmen:
1. Financial Help
They can get loans up to ₹3,00,000 without having to offer any property or assets as security.
- First installment: ₹1,00,000.
- Second installment: ₹2,00,000.
2. Low-Interest Loans
Loans are available to them at just 5% interest which is much cheaper than regular bank rates.
3. Skill Training
This scheme offers free training programs so that artisans can improve skills and learn new techniques.
4. Toolkits
They are given a ₹15,000 toolkit voucher so they can buy essential tools and equipment for their work.
5. Certification and ID
Once the training is completed, they get a certificate and ID card, which helps them access benefits and find more work opportunities.
6. Digital Payments
They are given rewards when they use digital payment methods to make transactions easier and more transparent.
Benefits of PM Vishwakarma Yojana
Here’s how the scheme benefits artisans:
- It helps financially weaker artisans become independent.
- It helps to protect and promote traditional crafts like carpentry, blacksmithing, and weaving etc.
- It provides more work opportunities in both rural and urban areas.
- It helps artisans connect with the bigger markets where their crafts demand is more.
Eligibility Criteria
The table below explains the eligibility criteria to get the benefit of this scheme:
| Criteria | Details |
|---|---|
| Age | Minimum 18 years old. |
| Occupation | Must be a traditional artisan or craftsman working in family-based work. |
| Loan History | Should not have gotten benefits from similar schemes like PMEGP in the last 5 years. |
| Government Service | No family member should be employed in government service. |
| Family Definition | Includes husband, wife, and unmarried children. |
These criteria ensure that the benefits of this scheme reaches to right and needy artisans.
Trades Covered Under the Scheme
The PM Vishwakarma Yojana helps artisans from more than 140 castes and it covers 18 traditional trades which include:
- Carpenters: Those who are skilled in working with wood to make furniture and structures.
- Blacksmiths: Those who are experts in shaping and crafting metal objects.
- Potters: The ones who make clay products like pots and vases.
- Cobblers: Those who are expert in repairing shoes and making leather goods.
- Tailors: Those who are skilled in sewing and stitching clothes.
- Goldsmiths: The craftsmen who work with gold to create jewelry.
- Basket Weavers: The artisans who weave baskets and other items from natural materials.
- Toy Makers: The craftspeople who design and create toys.
- Stone Sculptors: The artists who carve and shape stone into sculptures and structures.
These type of traditional works are supported by the government under this scheme
Also Read: FCI Job Salary, Profiles 2025 Revealed
How to Apply for PM Vishwakarma Yojana
You can apply for PM Vishwakarma Yojana either online or offline, here’s a simple guide to applying online:
Step-by-Step Online Application Process
- You need to go to pmvishwakarma.gov.in.
- You need to create an account by completing the mobile and Aadhaar verification process.
- Now enter your personal and professional details, including the traditional work you are doing.
- Once you fill out the form, click on the “Submit” button to send your application.
- After your application is approved, you will receive a certificate and ID card, which you can use to access further benefits.
This easy application process helps several artisans who are in need.
Offline Application Process
To apply offline, you can visit your nearest Common Service Center (CSC). Let me tell you how:
- Go to your nearest CSC to start the application process.
- You need to provide all the necessary documents and fill out the application form with your details.
- Once your application is approved, you will receive your certificate and ID card, This allows you to access the scheme’s benefits.
This offline method is helpful for those artisans who do not know how to use online method.
Loan Repayment Terms
Under PM Vishwakarma Yojana, you receive loans in two installments:
- The first loan installment of ₹1,00,000 must be paid back within 18 months.
- Once you repay the first installment, you can apply for the second installment of ₹2,00,000.
This system ensures that they get hassle free loan considering everyone gets fair benefits while accessing additional financial support.
Also check: Pradhan Mantri Awas Yojana
FAQs on PM Vishwakarma Yojana
The scheme helps traditional artisans and craftsmen to improve their skills and get financial support, this scheme alsemployment in the unorganized sector.
Loans are offered at a nominal interest rate of 5%.
Traditional artisans aged 18 and above, not employed in government service, and not availing benefits from similar schemes in the last five years are eligible.
Conclusion
The PM Vishwakarma Yojana 2024 is a powerful scheme designed to help artisans and craftsmen. It offers financial support, skill training, and access to modern tools, helping them become self-reliant and create more job opportunities. If you are an artisan or craftsman, you can benefit from this initiative.
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