PM Vishwakarma Yojana Online Apply, Eligibility, Benefits

You know, there’s something interesting about PM Vishwakarma Yojana. It will be established as a Central Sector Scheme, with have an initial budget of Rs 13,000 crore.

It will include access to credit without the need for collateral, training in skills, provision of modern tools, incentives for digital transactions, and support in connecting with markets.

The program will be implemented for a duration of five years, specifically until the fiscal year 2027-2028.

PM Vishwakarma Yojana: What is it?

A substantial portion of India’s labor force comprises artisans and craftspeople who engage in manual work using tools. They are typically self-employed and are commonly classified as part of the informal or unorganized sector of the economy.

The individuals practicing traditional crafts such as blacksmithing, goldsmithing, pottery, carpentry, sculpture, and other related industries are commonly known as ‘Vishwakarmas’.

The skills and occupations mentioned are transmitted through a traditional training approach known as guru-shishya, which involves passing down knowledge from one generation to another. This training is typically conducted within families or informal groups of craftsmen and crafters.

In light of the aforementioned context, a novel initiative, named ‘PM Vishwakarma’, seeks to enhance the caliber and accessibility of products and services provided by skilled artisans and craftsmen.

Its objective is to ensure the integration of Vishwakarma’s into both domestic and global value chains.

Objectives of PM Vishwakarma Yojana

The objectives of the Scheme are as under:

• To officially recognize artists and craftspeople as Vishwakarma, allowing them to access all the benefits provided by the Scheme.
• To offer skill enhancement to refine their abilities and provide accessible and appropriate training options.
• To offer assistance in the use of advanced and contemporary tools to improve their capacity, efficiency, and the standard of their products.
• The objective is to offer the recipients convenient access to credit without requiring collateral, and to lower the cost of borrowing by offering interest subvention.
• To offer rewards for digital transactions in order to promote the digital empowerment of Vishwakarmas.
• To create a platform that facilitates brand promotion and market linkages, enabling businesses to access new growth prospects.

PM Vishwakarma Beneficiary List

The Scheme covers artisans and craftspeople engaged in 18 trades –

• Carpenter (Suthar/Badhai)
• 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

PM Vishwakarma Benefits

This scheme is a comprehensive program that aims to offer comprehensive assistance to artians and craftspeople through the following elements:

• Recognition: Recognition as Vishwakarma by the issuance of a certificate and an identification card.
  
• Skilling:
  • Skill Verification followed by a 5-7 day (40 hour) Basic Training period.
  • Applicants have the option to register for a 15-day (120-hour) Advanced Training program.
  • The training stipend is ₹ 500 per day.
  • Participants will receive a toolkit incentive in the form of a ₹ 15,000 award.

• Credit Support:
  • Unsecured Enterprise Development Loans: ₹ 1,00,000 (First Installment with a repayment period of 18 months) & ₹ 2,00,000 (Second Installment with a repayment period of 30 months)
  • Concessional Rate of Interest: 5%, while the Ministry of Micro, Small and Medium Enterprises (MoMSME) would pay an interest subvention maximum of 8%.
  • The responsibility for paying the Credit Guarantee fees lies with the Government of India (GoI).

• Digital Transaction Incentive: ₹ 1 per transaction, with a maximum limit of 100 transactions per month.

• Marketing support: It will be provided by the National Committee for Marketing (NCM). This support includes services such as quality certification, branding and promotion, e-commerce linkage, trade fair advertising, publicity, and other marketing activities.

PM Vishwakarma Yojana Eligibility

An individual who is skilled in a traditional profession and works independently using their hands and tools can qualify for registration under this scheme.

This scheme is specifically designed for artisans and craftspersons who operate in the unorganized sector and are self-employed.

(i) The beneficiary must be at least 18 years old at the time of registration.

(ii) The beneficiary must be actively involved in the relevant trades at the time of registration and must not have previously received loans from similar credit-based programs offered by the Central Government or State Government for self-employment or company growth.

(iii) Only one member of the family is eligible for registration and benefits under the Scheme. In order to get benefits under the Scheme, a ‘family’ is defined as including the husband, wife, and unmarried children.

(iv) The Scheme does not allow individuals working in government service or their family members to be eligible.

PM Vishwakarma Documents Required

Required documents or information:

• Aadhaar
• Mobile number
• Bank details
• Ration card mandatory for the registration

PM Vishwakarma Yojana Online Apply 2024

The following are the procedures to apply for the Prime Minister Vishwakarma Yojana:

1. Access the official website of the PM Vishwakarma Yojana.

2. Select the login button located on the homepage and proceed to authenticate yourself on the CSC portal.

3. Upon logging in, the application form for this scheme will be visible.

4. Begin by inputting your cellphone number and Aadhaar number into the application form, then proceed to fill out the form according to the given instructions.

5. Once you have filled out the form, proceed to upload the necessary papers.

6. Once you have uploaded the file, go to download your Vishwakarma certificate.

7. The certificate will have a digital identification, which can be utilized for logging in.

8. Click on the login icon once more, input your already registered mobile number, and proceed with logging in again.

9. Furnish any more information necessary and finalize the application.

PM Vishwakarma Portal

The portal will have a feature that allows for the collection of beneficiary comments and a method for resolving queries.

This will be used to monitor the operation of the Scheme. Additionally, a helpline number will be established at the central level to assist participants in accessing the different incentives provided by the Scheme.

Closing Remarks

PM Vishwakarma is a prominent government endeavor designed to encourage traditional craftspeople and small business proprietors.

The program aims to allocate a significant budget of Rs 13,000 crore to offer financial assistance, training, and possibilities for modernization to persons involved in traditional trades.

The government’s objective is to improve the financial situation of excluded groups and support artisans in order to promote self-employment and stimulate overall economic growth.

The Vishwakarma Yojana aims to fully use the skills of craftsmen and promote a more equitable and prosperous society through a comprehensive strategy.

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