PM Vishwakarma Scheme
- Blogs
- September 18, 2025
Syllabus: GS2 / Governance
Context: On 17 September 2025, the PM Vishwakarma Scheme completed two years since its launch.
About the Scheme
- Type: Central Sector Scheme (100% funded by Union Government).
- Target Group: Traditional artisans and craftspeople working with their hands and tools.
- Coverage: 18 trades (e.g., carpenter, blacksmith, potter, sculptor, tailor, cobbler, etc.).
Key Benefits
- Recognition: PM Vishwakarma Certificate + ID Card.
- Skill Upgradation:
- Basic Training: 5–7 days.
- Advanced Training: 15+ days.
- Stipend: ₹500/day during training.
Credit Support:
- Collateral-free loans up to ₹3 lakh in two tranches:
- ₹1 lakh (18 months tenure).
- ₹2 lakh (30 months tenure).
- Concessional interest rate: 5% (8% subvention by GoI).
- Marketing Support: Branding, quality certification, GeM onboarding, e-commerce promotion, advertising & market linkages.
Significance
- Supports Aatmanirbhar Bharat by reviving traditional occupations.
- Ensures social security + income diversification for artisan families.
- Strengthens local to global value chains by linking artisans to modern markets.