Pradhan Mantri Vishwakarma Yojana

Pradhan Mantri Vishwakarma Yojana

Pradhan Mantri Vishwakarma Yojana is a government scheme that aims to help small businesses and workers of the country to increase their trade and improve their standard of living. The scheme is specially designed for traditional artisans and craftsmen, such as carpentry, blacksmiths, goldsmiths, potters, etc.

The main point of the scheme

  • Loan amount : Loan up to Rs 2 lakh is available at an interest rate of 5%.
  • Training : 5-7 days basic training and 15 days advanced training, in which a scholarship of Rs 500 will be given per day.
  • Toolkit incentive : E-vouchers of up to Rs 15,000 will be given at the beginning of basic skill training.
  • Credit Support : For a period of 18 months and 30 months, a collateral-free loan of Rs 1 lakh and 2 lakhs respectively will be available at an interest rate of 5%.

The objectives of the scheme

  • Strengthening traditional skills : Strengthening and nurturing family-based exercises of traditional skills.
  • Support to artisans : To provide recognition and support to artisans and craftsmen.
  • Promotion of small businesses : Promoting small businesses and improving their standard of living.

Application process

  • Online application : Online application (link is not available) can be made.
  • Necessary documents : Documents required for application include Aadhaar card, identification certificate and business certificate.

Planning Benefits

  • Providing markets : providing markets for artisans and craftsmen for their products.
  • Digital Transactions : Providing incentives for digital transactions.
  • Skill Development : Providing skill development and training opportunities.

Through this scheme, the government wants to help the artisans and craftsmen to move forward in their business and improve their standard of living

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