PM Vishwakarma Yojana

Highlights of PM Vishwakarma Yojana

Here is a table that highlights the key features of the PM Vishwakarma Yojana:

Objectives of PM Vishwakarma Yojana

Here are the key objectives of PM Vishwakarma Yojana

• Recognition: Formal recognition of artisans and craftspeople as Vishwakarma, making them eligible for all benefits under the scheme.
• Skill Development: Provide training (both basic and advanced) to enhance traditional skills while incorporating modern techniques.
• Financial Support: Enable access to collateral-free, low-interest loans, reducing credit costs for artisans.
• Toolkit Incentives: Provide modern toolkits to increase productivity and product quality.
• Digital Empowerment: Promote the adoption of digital transactions with financial incentives.
• Market Integration: Facilitate access to domestic and international markets through marketing and branding support.

PM Vishwakarma Yojana Loan Scheme Interest Rates

The PM Vishwakarma Yojana provides artisans with easy access to collateral-free loans in two tranches, featuring low interest rates and flexible repayment terms to support their financial growth.

• Loan Scheme: Collateral-free loans are offered in two tranches:
  • First Tranche: ₹1,00,000 with an 18-month repayment period.
  • Second Tranche: ₹2,00,000 with a 30-month repayment period.
• Interest Rate: Fixed at 5%, with an 8% interest subvention from the government.

PM Vishwakarma Yojana Eligibility Criteria

To register under the PM Vishwakarma Yojana, the following criteria must be met:

• Age: Must be at least 18 years old.
• Occupation: The beneficiary must be engaged in one of the specified trades on a self-employment basis within the unorganized sector.
• Loan History: Beneficiaries should not have availed of loans under other similar credit schemes (e.g., PMEGP, PM SVANidhi, MUDRA) in the past five years. Those who have repaid their loans fully may still be eligible.
• Family Limitation: Only one family member (husband, wife, and unmarried children) can apply.
• Exclusions: Government employees and their family members are not eligible.

Documents Required For PM Vishwakarma Yojana

To register for the scheme, the following documents and details are required:

• Aadhar Card
• Voter ID Card
• PAN Card (Optional)
• Mobile Number
• Proof of occupation
• PM Vishwakarma’s training Certificate is provided by the National Skill Qualification Framework (NSQF).
• PM Vishwakarma Digital Certificate
• PM Vishwakarma ID Card
• Caste Certificate (If applicable)

Benefits of PM Vishwakarma Yojana

The PM Vishwakarma Yojana offers several key benefits to artisans:

• Recognition: Official certification and ID as a Vishwakarma artisan.
• Skill Development: 40-hour basic training and optional 120-hour advanced training with ₹500/day stipend.
• Toolkit Incentive: ₹15,000 grant for purchasing modern tools.
• Credit Support: Collateral-free loans up to ₹2 lakh in two tranches.
• Interest Subvention: 5% interest with 8% subvention paid by the government.
• Digital Transaction Incentives: ₹1 per transaction for up to 100 monthly transactions.
• Marketing Support: Assistance with branding, quality certification, and e-commerce.

PM Vishwakarma Yojana Online Registration

Here are the steps to register for PM Vishwakarma Yojana based on the detailed guide for CSC users:

Step 1: Visit pmvishwakarma.gov.in, click “Login” and Select the “CSC-View E-Shram Data” option.

Step 2: Enter your CSC credentials to log in.

Step 3: CSC users can view the details of applicants registered under E-Shram and then reach out to those individuals to assist with their registration in the PM Vishwakarma Yojana.

Step 4: Now, go to the Home page and log in again by choosing the “CSC-Register Artisans” option.

Step 5: Login and Select ‘No’ for both “Is there any government employee within your family?” and “Have you availed credit or loan under similar central or state government schemes for self-employment/business development (e.g. PMEGP, PM SVANidhi, or Mudra) or have an outstanding loan?” Then, click the ‘Continue’ button.

Step 6: Enter the artisan’s Aadhaar-linked mobile number and complete OTP verification and biometric authentication.

Step 7: After Aadhaar verification, fill in the details like name, father/spouse’s name, date of birth, and gender will be auto-filled from Aadhaar. Complete marital status, category, and other family-related fields.

Step 8: If a ration card is linked to Aadhaar, family details will be auto-filled. Enter the Aadhaar address and confirm if it is the same as the current/business address.

Step 9: Enter bank account details, including IFSC code, bank name, and account number.

Step 10: Under Credit Support, select whether the artisan requires credit support and specify the loan amount (up to ₹1,00,000).

Step 11: In the Digital Incentive section, indicate whether the artisan has a UPI ID by selecting either ‘Yes’ or ‘No.’ If ‘Yes’ is selected, provide the UPI ID details, and if available, enter the mobile number linked to the UPI ID.

Step 12: Understand the scheme benefits for training and toolkits under the Skill Training & Toolkit Section.

Step 13: Select relevant marketing support options.

Step 14: Accept the terms and conditions, then submit the application. A registration number will be generated.

Trades Included Under the Vishwakarma Yojana

The PM Vishwakarma Yojana covers 18 traditional trades that are primarily family-based and involve manual skills. These include:

PM Vishwakarma Yojana Skill Training & Marketing Support

The PM Vishwakarma Yojana supports artisans with skill development, toolkit incentives, digital transaction rewards, and marketing assistance. Beneficiaries receive training, financial incentives, and opportunities for e-commerce onboarding and participation in trade fairs to expand their market reach.

PM Vishwakarma Scheme Skill Training

Basic Training:

• All registered beneficiaries undergo a 40-hour Basic Training to improve their skills.
• Training focuses on upgrading traditional skills, introducing modern techniques, financial literacy, and market-oriented business practices.
• Stipend: Beneficiaries receive a ₹500 daily stipend during training.

Advanced Training:

• Those interested in further skill enhancement can participate in 120-hour Advanced Training.
• This training covers advanced business practices, modern tools, design integration, and entrepreneurial skills.
• Advanced training is meant to prepare artisans for greater business opportunities, including access to higher credit levels.

PM Vishwakarma Scheme Marketing Support

The National Committee for Marketing (NCM) provides marketing and branding support for products made by Vishwakarma. The goal is to improve market access and product visibility through:

• Branding and Promotion: Assistance in creating a common brand identity for products, helping to improve market acceptance.
• E-commerce Onboarding: Artisans receive support to list their products on popular platforms like Open Network for Digital Commerce (ONDC), GeM, Khadi India, etc.
• Trade Fairs: Beneficiaries are given opportunities to showcase their products in domestic and international trade fairs and exhibitions.
• Quality Certification: Ensures the quality of products is maintained and meets market standards. Beneficiaries are assisted in obtaining certification for their products.

PM Vishwakarma Toolkit Incentive

• Amount: ₹15,000 for purchasing modern toolkits. This incentive is provided via e-vouchers after completing a skill assessment.
• Amount: To help artisans upgrade their tools for improved productivity and product quality.

PM Vishwakarma Yojana Certificate & ID Card

Beneficiaries registered under the scheme receive a PM Vishwakarma Certificate and a PM Vishwakarma ID Card, which provides them with formal recognition as Vishwakarma artisans. This recognition makes them eligible for all benefits under the scheme.

• Digital and Physical: The certificate and ID card are provided both in digital and physical formats.
• Unique Digital Number: Each beneficiary receives a unique digital number that is reflected on the certificate and the ID card.

PM Vishwakarma Yojana Loan Repayment

Under the PM Vishwakarma Yojana, artisans are provided with collateral-free loans in two tranches:

• First Tranche: The first tranche is offered to artisans who have completed Basic Training and is aimed at helping them upgrade tools or invest in their craft.
  • Loan Amount: ₹1,00,000
  • Repayment Period: 18 months
• Second Tranche: Artisans who have completed Advanced Training or have successfully repaid the first tranche are eligible for the second loan. The second loan helps them scale up their operations or start formal businesses.
  • Loan Amount: ₹2,00,000
  • Repayment Period: 30 months

PM Vishwakarma Yojana Contact Details

For any assistance or queries regarding the PM Vishwakarma Yojana, beneficiaries can contact the Ministry of MSME or visit the nearest Common Service Centre (CSC).

• Helpdesk: A multi-lingual helpline is available for support, and queries can also be submitted through the PM Vishwakarma portal or the mobile app.
• Official Contact: For any official assistance, beneficiaries can reach out to the Nodal Ministry (MoMSME) or use the details provided in their regional Common Service Centres.