PM Vishwakarma Scheme

iAbout This Scheme

Comprehensive welfare and livelihood support scheme for traditional artisans and craftsmen covering 18 trades, providing skill training with daily stipend, modern toolkit incentive, and collateral-free business loans at 5% interest rate launched in September 2023.

🎁Key Benefits

• ₹1 lakh collateral-free Tier 1 loan at 5% interest
• ₹2 lakh collateral-free Tier 2 loan at 5% interest
• ₹15,000 toolkit incentive for modern tools
• ₹500/day stipend during skill training
• PM Vishwakarma certificate and ID card
• Market linkage through GeM portal

✅Eligibility Criteria

• 1
  Artisan or craftsperson in one of 18 traditional trades
• 2
  Working with hands and tools in family-based trade
• 3
  Not enrolled in PMEGP, PM SVANidhi, or Mudra in last 5 years
• 4
  One person per family
• 5
  Indian citizen

📝How to Apply

❓Frequently Asked Questions