PM Vishwakarma Scheme

Recognition of artisans and craftspeople through PM Vishwakarma certificate and ID card.

PM Vishwakarma is a Central Sector Scheme launched by Ministry of Micro, Small and Medium Enterprises to provide holistic and end-to-end support to artisans and craftspeople through access to collateral free credit, skill training, modern tools, incentive for digital transactions and market linkage support. The scheme will initially be implemented for five years up to 2027-28.

Objectives

To enable the recognition of artisans and craftspeople as Vishwakarma, making them eligible to avail all the benefits under the Scheme.
To provide skill upgradation to hone their skills and make relevant and suitable training opportunities available to them.
To provide support for better and modern tools to enhance their capability, productivity, and quality of products and services.
To provide the beneficiaries an easy access to collateral free credit and reduce the cost of credit by providing interest subvention.
To provide incentives for digital transactions to encourage digital empowerment of Vishwakarmas.
To provide a platform for brand promotion and market linkages to help them access new opportunities for growth.

Benefits

Recognition of artisans and craftspeople through PM Vishwakarma certificate and ID card.
Skill Upgradation: Basic Training of 5-7 days and Advanced Training of 15 days or more, with a stipend of Rs. 500 per day and transport allowance of Rs 1,000.
Toolkit Incentive: A toolkit incentive of up to Rs. 15,000 through e-vouchers.
Credit Support: Collateral free ‘Enterprise Development Loans’ of upto Rs. 3 lakh in two tranches of Rs. 1 lakh and Rs. 2 lakh with tenures of 18 months and 30 months, respectively, at a concessional rate of interest fixed at 5%, with Government of India subvention to the extent of 8%.
Incentive for Digital Transaction: An amount of Re. 1 per eligible digital transaction, upto maximum 100 eligible transactions monthly will be provided to the beneficiary for digital pay-out or receipt.
Marketing Support: Marketing support in the form of quality certification, branding, onboarding on e-commerce platforms such as GeM, advertising, publicity and other marketing activities to improve linkage to value chain.

Eligibility

An artisan or craftsperson working with hands and tools and engaged in one of the 18 family-based traditional trades mentioned in the scheme, in unorganized sector on self-employment basis, shall be eligible for registration under PM Vishwakarma.
The minimum age of the beneficiary should be 18 years on the date of registration.
The beneficiary should be engaged in the concerned trade on the date of registration and should not have availed loans under similar credit-based schemes of Central Government or State Government for self-employment/ business development, e.g. PMEGP, PM SVANidhi, Mudra, in the past 5 years.
The registration and benefits under the Scheme shall be restricted to one member of the family. For availing benefits under the Scheme, a ‘family’ is defined as consisting of the husband, wife and unmarried children.
A person in government service and their family members shall not be eligible under the Scheme.

How to Apply?

The registration shall be done by seeking applications through Common Service Centres (CSCs) or open online application, through Aadhaar based biometric authenticated PM Vishwakarma portal. The portal will have convergence with various Government portals including Skill India Digital through API. A multi-lingual helpline will be available on the portal to ensure that the information is disseminated to everyone across the country without any language barrier.

The beneficiary can apply either directly or with the help of the CSCs through Village Level Entrepreneurs (VLEs) or Enumerators.

CSCs will provide handholding support to the beneficiaries to assess their key requirements and opt for benefits available under the Scheme. At the time of application, the beneficiaries will be made aware of the Skill Upgradation component of the Scheme.

The beneficiary shall furnish his/her Aadhaar- seeded bank account details at the time of application. This shall be considered as the preferred bank account for availing monetary benefits under the Scheme.

At every stage of intervention under this Scheme, Aadhaar authentication will be mandatory. Aadhaar authentication will be done through biometric by CSCs.

The portal will also provide link for registration under Udyam Assist Portal which is the registration portal for Informal Micro Enterprises which do not have PAN. The applicants who have PAN and wish to be registered on the Udyam Registration Portal for MSMEs, will be so registered.

The beneficiaries would be encouraged to onboard on GeM Portal. The Scheme will be widely advertised on GeM Portal. This will provide encouragement and support to the Vishwakarmas in getting access to market. Through GeM Portal, their products will be made available for public procurement.

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