PM Vishwakarma

The PM Vishwakarma Scheme is a scheme that provides financial assistance, skill training, and other support to artisans and craftspeople.
The scheme was launched by the Prime Minister on September 17, 2023.
Benefits
Loans: Collateral-free loans of up to Rs 3 lakh at a 5% interest rate
Skill training: Basic training of 5-7 days and advanced training of 15 days or more
Toolkit incentive: Up to Rs 15,000 in e-vouchers at the start of basic training
Marketing support: Branding, quality certification, advertising, and more
Recognition: PM Vishwakarma certificate and ID card

Eligibility
Applicants who complete basic training are eligible for the first loan tranche of up to Rs 1 lakh
Applicants who use the first loan tranche, maintain a standard loan account, adopt digital transactions, or undergo advanced training are eligible for the second loan tranche
Trades covered
Carpenter, boat maker, blacksmith, goldsmith, potter, sculptor, cobbler, mason, basket maker, tailor, and more
Scheme implementation
The scheme will be implemented for five years up to 2027-28.

Beneficiary:

provides financial assistance, skill training, and other support to artisans and craftspeople

Benefits:

financial assistance