pmvishwakarma.gov.in : Pradhan Mantri Vishwakarma Scheme

Organisation : Ministry of Micro, Small and Medium Enterprises
Facility Name : Pradhan Mantri Vishwakarma Scheme
Applicable For : Artisan, Craftsperson
Applicable State/UT : All India
Website : https://pmvishwakarma.gov.in/

What is Pradhan Mantri Vishwakarma Scheme?

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. Artisans and craftspeople who are engaged in the 18 trades as mentioned in the Guidelines are eligible.

Related / Similar Scheme : Jal Jeevan Mission

Category of trades are Covered in the PM Vishwakarma Scheme

Carpenter (Suthar), Boat Maker, Armourer, Blacksmith (Lohar), Hammer and Tool Kit Maker, Locksmith, Goldsmith (Sunar), Potter (Kumhaar), Sculptor (Moortikar)/ stone carver / Stone breaker, Cobbler (Charmkar)/ Shoesmith/ Footwear artisan, Mason (Raajmistri), Basket Maker/ Basket Waver: Mat maker/ Coir Weaver/ Broom maker, Doll & Toy Maker (Traditional), Barber (Naai), Garland Maker (Malakaar), Washerman (Dhobi), Tailor (Darzi) and Fishing Net Maker.

Key Components of PM Vishwakarma Scheme

The key components of PM Vishwakarma Scheme are:
** Recognition: PM Vishwakarma Certificate and ID Card
** Skill Upgradation
** Toolkit Incentive
** Credit Support
** Incentive for Digital Transactions
** Marketing Support

Eligibility Criteria of PM Vishwakarma Scheme

** An artisan or craftsperson working with hands and tools and engaged in one of the above family-based traditional trades, 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 trade concerned 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 For PM Vishwakarma Scheme?

Any individual willing to avail the benefits of the Scheme, may register on the portal www.pmvishwakarma.gov.in. The following is the list of documents or information to be provided by the beneficiaries:

(i) Required documents or information:
The beneficiaries need to produce documents like Aadhaar, mobile number, bank details, ration card mandatorily for the registration.

(a) In case of a beneficiary not having a ration card, they would be required to produce Aadhaar cards of all family members (Para 4 of the guidelines on Eligibility may be referred to for definition of family).

(b) If beneficiary does not have bank account, they will be first required to open a bank account for which handholding shall be done by the CSC.

Additional documents or information:
The beneficiaries may be required to provide additional documents or information as per the requirements prescribed by the MoMSME.

FAQ On PM Vishwakarma Scheme

Frequently Asked Questions FAQ On Pradhan Mantri (PM) Vishwakarma Scheme

Which lending institutions can provide credit under the Scheme?
Scheduled Commercial Banks, Regional Rural Banks, Small Finance Banks, Cooperative Banks, Non-Banking Finance Companies and Micro Finance Institutions are eligible to lend under this Scheme.

What is the amount of initial loan under the scheme?
The initial collateral free ‘Enterprise Development Loan’ is up to Rs 1,00,000 for a tenure of 18 months.

I already have availed first tranche of loan under PM Vishwakarma. When will I be eligible for second tranche of loan?
The second Loan Tranche of upto Rs. 2,00,000/- will be available to skilled beneficiaries who maintain a standard loan account and have adopted digital transactions in their business or have undergone Advanced Skill Training.

What is the rate and amount of interest subvention in the scheme?
Concessional rate of interest chargeable from beneficiaries for loans will be fixed at 5%. The interest subvention by the Government of India will be to an extent of 8% and provided upfront to the banks.

Additional Simplified Procedure

The PM Vishwakarma scheme is a significant initiative by the Government of India to support and promote traditional crafts and industries. By providing artisans and craftspersons with access to credit, skill training, and other resources, the scheme can help them to grow their businesses and improve their livelihoods.

Step 1: Online Registration
** Visit the PM Vishwakarma website at pmvishwakarma.gov.in
** Click on the “Registration” link
** Enter your basic details such as name, Aadhaar number, mobile number, and email address
** Create a password and submit the form

Step 2: Complete the Registration Form
** Once you have registered, you will be able to access the registration form
** Enter all the required details such as your personal information, skill set, and educational qualifications
** Upload the necessary documents, such as your Aadhaar card, PAN card, bank account passbook, and caste certificate
** Submit the form and review your application

Step 3: Obtain Your Digital ID and Certificate
** Once you have submitted your application, you will be able to download your digital ID and certificate
** You will need these documents to apply for the various components of the PM Vishwakarma scheme

Step 4: Login and Submit Your Application
** To apply for the various components of the PM Vishwakarma scheme, you will need to log in to the website using your digital ID and certificate
** Select the component that you want to apply for and enter the required details
** Submit your application and review it carefully