On 17 September 2023, the Government of India introduced the PM Vishwakarma Yojana to uplift and empower traditional artisans and craftsmen from the Vishwakarma community. This ambitious program, with a budget of ₹13,000 Crore, aims to enhance the skills, productivity, and quality of work of Vishwakarma workers through financial assistance, skill training, and employment opportunities.
Let’s explore the scheme’s key features, benefits, and how you can apply for a ₹1 Lakh Loan under this initiative.
Overview of PM Vishwakarma Yojana
| Aspect | Details |
|---|---|
| Authority | Ministry of Micro, Small, and Medium Enterprises (MSME), Govt of India |
| Scheme Name | PM Vishwakarma Yojana |
| Launch Date | 17 September 2023 |
| Budget Allocation | ₹13,000 Crore |
| Key Benefits | Skill Training, Financial Assistance, Loans, and Employment Opportunities |
| Official Website | pmvishwakarma.gov.in |
Objectives of PM Vishwakarma Scheme
The PM Vishwakarma Yojana aims to:
- Enhance Vocational Skills: Provide skill development training tailored for artisans and craftsmen in the Vishwakarma community.
- Boost Financial Empowerment: Offer low-interest loans and financial aid to help workers expand their businesses.
- Promote Employment Opportunities: Improve productivity and quality, paving the way for better job prospects and business growth.
Key Benefits of PM Vishwakarma Yojana
1. Financial Support
- Eligible artisans can receive financial aid to invest in new equipment, craft materials, and other essentials.
- The scheme enables beneficiaries to boost their productivity and employment opportunities.
2. Skill Enhancement Programs
- Tailored training programs are organized to hone the skills of Vishwakarma community members, improving the quality of their products.
3. Loan Availability
- Access loans of up to ₹3 Lakh:
- ₹1 Lakh: Initial amount available at low interest.
- ₹2 Lakh: Additional amount for further growth.
4. Empowerment and Growth
- Empower artisans and craftsmen to expand their businesses and increase their income, ensuring financial stability.
Eligibility Criteria for PM Vishwakarma Yojana
To apply for this scheme, applicants must meet the following requirements:
- Community Requirement: Must belong to one of the 140 Vishwakarma clans.
- Citizenship: Must be an Indian citizen.
- Caste Certificate: A valid caste certificate is mandatory.
- Minimum Age: Applicants must be at least 18 years old.
- Employment Restrictions: Applicants or their family members should not hold any government positions.
- Skill Proficiency: Applicants must demonstrate expertise in a craft or artisanship.
Documents Required for Enrollment
| Document | Purpose |
|---|---|
| Aadhar Card | Identity verification |
| PAN Card | Financial identification |
| Caste Certificate | Proof of eligibility |
| Proof of Residency | Address verification |
| Bank Account Details | For financial transactions |
| Passport-Sized Photograph | Identity proof |
| Contact Mobile Number | Communication |
How to Apply for ₹1 Lakh Loan Under PM Vishwakarma Yojana
Follow these steps to enroll and apply for a loan under the scheme:
- Visit the Official Website: Go to pmvishwakarma.gov.in.
- Find the Scheme Link: Click on the PM Vishwakarma Scheme link.
- Enter Details: Provide your Aadhar number and mobile number for verification.
- Complete Registration: Fill out the application form with personal details.
- Upload Documents: Attach the necessary scanned documents.
- Review and Submit: Double-check your application before submission.
- Download Receipt: Save the acknowledgement receipt for future reference.
Highlights of PM Vishwakarma Yojana
- Launch Date: 17 September 2023
- Loan Limit: Up to ₹3 Lakh
- Skill Development: Dedicated training programs to enhance craftsmanship.
- Community Focus: Tailored support for the Vishwakarma community.
This initiative is a major step toward empowering traditional artisans and craftsmen, helping them thrive in their crafts while contributing to India’s economic growth.
Ready to apply? Head to the official website and start your journey toward empowerment today!
I Work as a Content Writer and I like Writing Articles
