PM Vishwakarma Yojana 2025: Get ₹15,000 for Tools & ₹3 Lakh Loan – Apply Today!

PM Vishwakarma Yojana 2025 PM Vishwakarma Yojana 2025

The Pradhan Mantri Vishwakarma Yojana is a groundbreaking initiative launched by the Government of India to support traditional craftsmen and artisans. Introduced on August 16, 2023, this comprehensive scheme aims to provide economic and technical assistance to workers engaged in traditional occupations, helping them enhance their skills and expand their businesses.

Prime Minister Narendra Modi’s vision behind this scheme is to uplift the Vishwakarma community by offering financial support, skill development, and marketing assistance, ultimately contributing to the socio-economic growth of traditional artisans across India.

Scheme Overview

Key DetailsInformation
Launch DateAugust 16, 2023
Total Budget₹13,000 crore
Implementation Period2023-2024 to 2027-2028
Loan Interest Rate5%
Maximum Loan Amount₹3,00,000
Training Duration5-7 days (40 hours) basic, 15 days (120 hours) advanced
Daily Training Stipend₹500 per day

Key Objectives

  • Provide free skill training to traditional workers
  • Offer financial assistance for tool procurement
  • Support business expansion
  • Create a sustainable ecosystem for artisans

Beneficiary Categories

The scheme covers 18 traditional trades, including:

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  • Carpenters
  • Blacksmiths
  • Potters
  • Cobblers
  • Tailors
  • Boat makers
  • Sculptors
  • Barbers
  • Washermen

Financial Benefits

  • Tool Kit Support: ₹15,000 for purchasing tools
  • Business Loan:
  • First Phase: ₹1,00,000
  • Second Phase: ₹2,00,000
  • 5% Interest Rate on loans
  • Digital Transaction Incentive: ₹1 per transaction (max 100 transactions)

Eligibility Criteria

  • Indian citizenship
  • Minimum age: 18 years
  • Traditional craftsman or artisan
  • Engaged in one of the 18 specified trades

Application Process

  1. Visit nearest Common Service Center (CSC)
  2. Fill application form
  3. Submit required documents
  4. Undergo verification by local authorities

Additional Support

  • Marketing Assistance:
  • National Marketing Committee support
  • Branding and e-commerce guidance
  • Certification:
  • Identity card and professional certificate
  • Skill Development:
  • Basic and advanced training programs

Conclusion

The PM Vishwakarma Yojana 2025 represents a significant step towards empowering traditional artisans and preserving India’s rich craft heritage. By providing financial, technical, and marketing support, the scheme aims to transform the lives of craftsmen and contribute to their economic independence.

Apply Now! Explore opportunities and unlock your potential through the PM Vishwakarma Yojana.

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