On the 16th of August, 2023, the Union Cabinet granted its approval to the PM Vishwakarma Scheme. This initiative, encompassing a financial allocation of INR 13,000 crore, is slated to extend over a span of five years. The overarching objective of the scheme is to extend its benefits to approximately 30 lakh families constituting traditional artisans and craftsmen, a demographic which includes but is not limited to weavers, goldsmiths, blacksmiths, laundry workers, and barbers. The pronunciation of Vishwakarma is sometimes heard as ‘biswakarma.’ It is important to note that the correct pronunciation is ‘Vishwakarma.’ Please be mindful of this distinction to ensure accurate communication.
The pronouncement ensued from a convocation of the Cabinet Committee on Economic Affairs, presided over by Prime Minister Narendra Modi. On the auspicious date of August 15, 2023, the Prime Minister proclaimed the imminent inauguration of the scheme on the commemorative occasion of Vishwakarma Jayanti, scheduled for September 17th. Within the framework of this Scheme, artisans and craftsmen will garner acknowledgment by means of the PM Vishwakarma Certificate and ID Card. Notably, they shall receive credit assistance, with an initial tranche amounting to 1 lakh and a subsequent tranche of 2 lakhs, distinguished by a preferential interest rate set at 5%.
| Scheme | PM Vishwakarma Scheme |
| State | PAN India |
| Applicable | All Resident of India |
| Benefits | Collateral Free Loan upto ₹300,000 |
| Last Date | No last date has been notified by the Government |
Benefits of PM Vishwakarma Scheme 2024
Under the PM Vishwakarma Scheme, the families of traditional artisans and craftsmen will receive the following benefits:
| Collateral Free Loan upto ₹3 lakh for Vishwakarma brothers and sisters | Toolkit up to ₹15 thousand |
| Training for Skill Up-gradation and Stipend of ₹500 per day | Marketing Assistance like Quality Certification, Branding, and Advertising for finished products |
| Low interest rate of 5% | Through the Scheme, artisans and craftsmen will receive recognition using PM Vishwakarma Certificate and ID Card. |
| Artisans and craftsmen will also get help to improve their skills, tool kits, rewards for digital payments, and assistance with marketing. |
PM Vishwakarma Scheme Eligibility
The scheme will help 18 Types of traditional artisans and craftspeople from both rural and urban areas all over India.
In its initial phase, the PM Vishwakarma Scheme will encompass eighteen traditional trades. Below are all the trades covered, if your occupation falls under following category then you are eligible to apply for PM Vishwakarma Scheme.
| Carpenter (Suthar) | Boat Maker |
| Armourer | Blacksmith (Lohar) |
| Hammer and Tool Kit Maker | Locksmith |
| Goldsmith (Sonar) | Potter (Kumhaar) |
| Sculptor (Moortikar, stone carver) | Stone breaker |
| Cobbler(Charmkar)/ Shoesmith/Footwear artisan | Mason (Rajmistri) |
| Basket/Mat/Broom Maker/Coir Weaver | Doll & Toy Maker (Traditional) |
| Barber (Naai) | Garland maker (Malakaar) |
| Washerman (Dhobi) | Tailor (Darzi) |
| Fishing Net Maker |
Vishwakarma Yojana Documents Required
Below are the PM Vishwakarma Document requirement.
| Aadhaar Card | PAN Card |
| Ration Card | Labour/ Employment Card |
| Bank Passbook | Residence Certificate |
Vishwakarma Loan Scheme Apply Online
PM Vishwakarma Scheme How to Apply: The PM Vishwakarma Scheme 2024 can be applied online through PM Vishwakarma Yojana Online Apply 2024 Official Website as well as through offline mode.
To apply for the PM Vishwakarma Scheme 2024 through Offline Mode the beneficiary needs to fill up the Vishwakarma Loan Application Form 2024 and submit it along with the PM Vishwakarma Documents requirements. The form can be obtained for free from nearby Government Centers.
For PM Vishwakarma Scheme 2024 Online Application, the beneficiary needs to register on the website using their mobile number, email and submit their application by enclosing the documents on pmvishwakarma.gov.in registration section.
Only one member per family is permitted to apply for the PM Vishwakarma.
The last day for PM Vishwakarma Yojana has not been finalized by the Government yet.