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Scheme or incentive

PM Vishwakarma Scheme for Traditional Artisans (PM Vishwakarma)

Targets 18 traditional trades (carpenter, blacksmith, goldsmith, potter, cobbler, mason, weaver of mats/brooms, etc.) with skill training stipend of Rs 500/day, toolkit incentive of Rs 15,000, and collateral-free loans of Rs 1 lakh + Rs 2 lakh at concessional 5% interest.

Definition

Targets 18 traditional trades (carpenter, blacksmith, goldsmith, potter, cobbler, mason, weaver of mats/brooms, etc.) with skill training stipend of Rs 500/day, toolkit incentive of Rs 15,000, and collateral-free loans of Rs 1 lakh + Rs 2 lakh at concessional 5% interest.

Benefit

Type
composite subsidy
What you get
Training stipend + toolkit Rs 15k + collateral-free loans Rs 1L (first) and Rs 2L (second) at 5%.
Administered by
Ministry of MSME
Apply
pmvishwakarma.gov.in

Eligibility conditions

Three-stage verification — Gram Panchayat / ULB → District Implementation Committee → screening committee.

  • sectors=handloom, wood_furniture, leather, jewellery, any
  • states=any
  • msme=micro

Citations