PM Vishwakarma Yojana 2024: Eligibility, Benefits, Apply Online

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PM Vishwakarma Yojana 2024: In a bid to empower and uplift the traditional artisans and craftspeople of the Indian economy, the government has introduced the ‘PM Vishwakarma Yojana 2024.’ Often referred to as ‘Vishwakarmas,’ these skilled individuals play a crucial role in various sectors such as blacksmithing, goldsmithing, pottery, carpentry, and sculpting.

Typically self-employed and part of the informal sector, they pass down their skills through generations using a traditional guru-shishya training model. The PM Vishwakarma Yojana 2024, fully funded by the Government of India with an initial outlay of Rs 13,000 crore, aims to enhance the quality and global reach of their products and services.

PM Vishwakarma Yojana 2024

Under the joint implementation of the Ministry of Micro, Small, and Medium Enterprises (MoMSME), the Ministry of Skill Development and Entrepreneurship (MSDE), and the Department of Financial Services (DFS), the ‘PM Vishwakarma’ initiative seeks to provide comprehensive support to these artisans, fostering a qualitative shift in their trades and improving their socio-economic status.

The scheme is set to be implemented over an initial five-year period until 2027-28, with MoMSME serving as the nodal ministry for its coordination and execution.

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PM Vishwakarma Yojana 2024 Details

SchemePM Vishwakarma Yojana 2024
LocationAcross India
BenefitVishwakarma Yojana

Benefits of PM Vishwakarma Yojana 2024

  1. PM Vishwakarma Certificate and ID Card: Artisans will be issued certificates and ID cards, each featuring a unique digital number for recognition.
  2. Skill Upgradation: The skilling initiative offers artisans Skill Assessment, Basic Training, and Advanced Training, promoting entrepreneurship, modern tools, and design elements. Stipend: Rs. 500/day.
  3. Toolkit Incentive: Beneficiaries receive a toolkit incentive of up to Rs. 15,000 after Skill Assessment, disbursed via e-RUPI/e-vouchers.
  4. Credit Support: Collateral-free ‘Enterprise Development Loans’ up to Rs. 3 lakh with concessional interest rates (5%) and 8% GoI subvention.
  5. Incentive for Digital Transaction: Re. 1 per eligible digital transaction (up to 100 transactions monthly) via the Aadhaar Payment Bridge System.
  6. Marketing Support: Valuable marketing assistance through quality certification, branding, and inclusion on e-commerce platforms like GeM.

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Eligibility for PM Vishwakarma Yojana 2024

  • An artisan or craftsperson engaged in family-based traditional trades in the unorganized or informal sector.
  • The beneficiary must be at least 18 years old at the time of registration.
  • No availing of loans under similar credit-based schemes in the past 5 years.
  • Registration and benefits are limited to one family member.

Trade List Covered Under the PM Vishwakarma Yojana 2024

  • Carpenter (Suthar/Badhai)
  • Boat Maker
  • Armourer
  • Blacksmith (Lohar)
  • Hammer and Tool Kit Maker
  • Locksmith
  • Sculptor (Moortikar, Stone Carver)
  • Stone Breaker
  • Goldsmith (Sonar)
  • Potter (Kumhaar)
  • Cobbler (Charmakar)/ Shoesmith/ Footwear Artisan
  • Masons (Rajmistri)
  • Basket/ Mat/ Broom Maker/ Coir Weaver
  • Doll & Toy Maker (Traditional)
  • Barber (Naai)
  • Garland Maker (Malakaar)
  • Washerman (Dhobi)
  • Tailor (Darzi)
  • Fishing Net Maker

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Documents Required for PM Vishwakarma Yojana 2024

  • Applicant’s Aadhaar card
  • PAN Card
  • Ration Card
  • Bank Details
  • Income certificate
  • Active mobile number
  • Passport-size photo
  • Other Documents

How to apply for the PM Vishwakarma Yojana 2024?

Step 1: Visit the website.
Step 2: Click on “Click here to Apply Online.”
Step 3: Open the online application form.
Step 4: For new users, click on “New Registration” and provide personal information, including an email address and mobile number.
Step 5: After registration, click on ”Login.”
Step 6: Fill out the application form with accurate personal and educational information.
Step 7: Upload all required documents, such as photographs and signatures, in the specified format.
Step 8: Before submitting the application, review all the details carefully.
Step 9: After applying, download the hard copy for future reference.

Important link

Apply Link: Click Here 

Official Website: Click Here 

PM Vishwakarma Guidelines: Download