PM Vishwakarma Yojana
PM Vishwakarma Yojana, the artisans and craftspeople will be provided recognition through PM Vishwakarma certificate and ID card, Credit Support upto Rs.1 lakh (First Tranche) and Rs.2 lakh (Second Tranche) with a concessional interest rate of 5%. The Scheme will further provide Skill Upgradation, Toolkit Incentive, Incentive for Digital Transactions and Marketing Support. The scheme has a budget of Rs 13,000 crore for five years (From FY 2023-24 to FY 2027-28).
The Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi approved a new Central Sector Scheme “PM Vishwakarma” with a financial outlay of Rs. 13,000 crore for a period of five years (FY 2023-24 to FY 2027-28). The scheme aims to strengthen and nurture the Guru-Shishya parampara or family-based practice of traditional skills by artisans and craftspeople working with their hands and tools. The scheme also aims at improving the quality, as well as the reach of products and services of artisans and craftspeople and to ensure that the Vishwakarmas are integrated with the domestic and global value chains.
PM Vishwakarma Yojana
Eighteen traditional trades will be covered in the first instance under PM Vishwakarma.
- (i) Carpenter (Suthar);
- (ii) Boat Maker;
- (iii) Armourer;
- (iv) Blacksmith (Lohar);
- (v) Hammer and Tool Kit Maker;
- (vi) Locksmith;
- (vii) Goldsmith (Sonar);
- (viii) Potter (Kumhaar);
- (ix) Sculptor (Moortikar, stone carver), Stone breaker;
- (x) Cobbler(Charmkar)/ Shoesmith/Footwear artisan;
- (xi) Mason (Rajmistri);
- (xii) Basket/Mat/Broom Maker/Coir Weaver;
- (xiii) Doll & Toy Maker (Traditional);
- (xiv) Barber (Naai);
- (xv) Garland maker (Malakaar);
- (xvi) Washerman (Dhobi);
- (xvii) Tailor (Darzi); and
- (xviii) Fishing Net Maker.
PM Vishwakarma Yojana Benefits
- The financial outlay of Rs. 13,000 crore
- 18 Traditional trades to be covered in 1st instance
- Artisans and Craftspeople to be provided recognition with PM Vishwakarma certificate and ID Card –
- Credit support upto Rs. 1 lakh (1st tranche) and Rs. 2 lahks (2nd tranche) with concessional interest rate of 5%
- Will provide Skill Upgradation, Toolkit Incentive and Incentive for DigitalTransactions and Marketing support
FAQs on PM Vishwakarma Yojana
- What is Vishwakarma Yojana?
Vishwakarma Yojana is a scheme for strengthening and nurturing the Guru-Shishya parampara or family-based practice of traditional skills by artisans and craftspeople working with their hands and tools. PM Modi announced the scheme during his Independence Day address from the Red Fort on August 15, 2023, and the cabinet committee on economic affairs approved the scheme on August 17. - What is the purpose of Vishwakarma Yojana?
One of the main purposes of the scheme is to improve the quality and reach of the products and services of artisans and craftspeople as well as ensure that they are integrated with the domestic and global value chains. - What will Vishwakarma Yojana beneficiaries get?
Under PM Vishwakarma Yojana, artisans and craftspeople will be given a PM Vishwakarma certificate and an ID card each.As far as the monetary benefits are concerned, Vishwakarmas will get credit support up to Rs. 1 lakh (First Tranche) and Rs. 2 lakh (Second Tranche) with a concessional interest rate of 5%. - What are the added benefits of Vishwakarma Yojana?
The beneficiaries of the scheme will also be provided with skill upgradation, incentives for digital transactions, marketing support, and toolkit incentives. - What is the targeted audience for Vishwakarma Yojana?
The scheme is not centred around a specific region, as it will provide support to artisans and craftspeople in India’s rural and urban areas. - Which are the trades covered under Vishwakarma Yojana?
There are a total of 18 trades that will be covered under the PM Vishwakarma scheme. These trades are- - 1. Carpenter (Suthar)
2. Boat Maker
3. Armourer
4. Blacksmith (Lohar)
5. Hammer and Tool Kit Maker
6. Locksmith
7. Goldsmith (Sonar)
8. Potter (Kumhaar)
9. Sculptor (Moortikar, stone carver)
10. Stone breaker
11. Cobbler (Charmkar)/Shoesmith/Footwear artisan
12. Mason (Rajmistri); (xii) Basket/Mat/Broom Maker/Coir Weaver
13. Doll and Toy Maker (Traditional)
14. Barber (Naai)
15. Garland maker (Malakaar)
16. Washerman (Dhobi)
17. Tailor (Darzi)
18. Fishing Net Maker
You can download the PM Vishwakarma Yojana PDF using the link given below.
