PM Vishwakarma Scheme 2023

The PM Vishwakarma scheme provides skill training, financial assistance and marketing support to traditional artisans and craftspeople across India. The scheme aims to strengthen traditional occupations and improve livelihoods in the informal sector.

PM Vishwakarma Scheme:

Dimension	Key Details
Scheme Name	PM Vishwakarma Scheme.
Type of Scheme	Central sector scheme supporting traditional artisans and craftspeople.
Launch Year	Launched in 2023.
Duration	Five years from FY 2023–24 to FY 2027–28.
Nodal Ministry	Ministry of Micro, Small and Medium Enterprises.
Implementing Ministries	Implemented jointly by the Ministry of MSME, Ministry of Skill Development and Entrepreneurship and the Department of Financial Services under the Ministry of Finance.
Target Beneficiaries	Traditional artisans and craftspeople working in rural and urban unorganized sectors.
Trades Covered	Includes 18 traditional trades such as carpenters, blacksmiths, potters, goldsmiths, tailors, barbers and sculptors.
Recognition	Beneficiaries receive a PM Vishwakarma Certificate and ID Card.
Skill Training	Basic skill training of 5–7 days and advanced training of 15 or more days with a stipend of ₹500 per day.
Toolkit Incentive	Grant of ₹15,000 for purchase of modern tools.
Credit Support	Collateral-free loans up to ₹1 lakh in the first tranche and up to ₹2 lakh in the second tranche at a concessional interest rate of 5%.
Marketing Support	Assistance with branding, product promotion and access to marketing platforms.
Eligibility	Applicant must be a traditional artisan aged 18 or above working in the unorganized sector using hand tools.
Exclusion	Government employees and their family members are not eligible.
Registration	Free registration through Common Services Centres using Aadhaar-based biometric authentication.