Introduction
PM Vishwakarma Yojana 2025: Launched by the Indian government on September 17, 2023, the Pradhan Mantri Vishwakarma Yojana (PM Vishwakarma) is a visionary programme. It seeks to assist and elevate traditional craftsmen and artists who make their living using hand tools. Narendra Modi, India’s prime minister, has started a programme to help craftsmen and artists residing here financially.
Offering free training coupled with a daily stipend of ₹500, this project, Pradhan Mantri Vishwakarma Yojana, seeks to help 140 distinct groups. Beneficiaries under this plan would therefore get ₹15,000 per month. To improve their output and economic stability, this program offers new equipment, financial help, skill training, and market access.
Key Features of PM Vishwakarma Yojana
1. Financial Assistance
- Beneficiaries can avail collateral-free loans in two phases:
- ₹1 lakh loan (repayable in 18 months)
- ₹2 lakh loan (repayable in 30 months)
- The loans come with a concessional 5% interest rate, and the government covers the credit guarantee fees.
2. Skill Development & Training
- Artisans receive free skill upgrade training.
- During the training, they are provided a daily stipend of ₹500.
3. Toolkit Incentive
- Artisans are awarded a grant of ₹15,000 upon completion of the training to acquire contemporary tools and apparatus for their profession.
4. Digital & Market Support
- By providing incentives, the plan encourages the use of digital transactions.
- Connecting with markets and expanding consumer bases is a great assistance to craftsmen.
Eligible Trades Under PM Vishwakarma Yojana
The scheme covers 18 traditional trades, including:
- Carpentry
- Blacksmithing
- Pottery
- Goldsmithing
- Tailoring
- Barbering
- Masonry
- Fishing net making
- Weaving
- Toy making
These trades represent India’s rich artisanal heritage and are crucial for preserving traditional craftsmanship.
How to Apply for PM Vishwakarma Yojana?
Interested artisans can register online through the official PM Vishwakarma portal. The application process includes:
- Aadhaar verification
- Submission of proof of trade
- Providing bank account details
Conclusion
Prime Minister Vishwakarma Yojana is a transformative initiative that aims to provide financial aid, skill development, and market access to traditional artisans to empower them. To preserve India’s cultural legacy and bolster its artisanal sector, this initiative seeks to bridge the gap between traditional handcraft and contemporary industry.
Visit the official PM Vishwakarma webpage now for more information and registration!