PM Vishwakarma Yojana
Last Updated
July 2026 Fact Checked By: Schemewala Editorial Team
Quick Summary
| Detail | Information |
|---|---|
| Scheme Name | PM Vishwakarma Yojana |
| Ministry | MSME / Skill Development |
| Beneficiaries | Traditional Artisans and Craftspeople in 18 specific trades |
| Direct Grant | ₹15,000 e-Voucher for buying modern tools |
| Credit Support | Collateral-free loans up to ₹3 Lakh at just 5% interest |
About the Scheme
Launched to support traditional family-based trades (where skills are passed down through generations), the PM Vishwakarma Yojana provides a complete ecosystem of support: recognition, skill upgrades, tools, and cheap business loans.
The Exact 18 Eligible Trades (Check carefully)
If your profession is not on this specific list, your application will be instantly rejected:
- Carpenter (Suthar)
- Boat Maker
- Armourer
- Blacksmith (Lohar)
- Hammer and Tool Kit Maker
- Locksmith
- Goldsmith (Sonar)
- Potter (Kumhaar)
- Sculptor / Stone Carver (Moortikar)
- Stone Breaker
- Cobbler/Shoesmith (Charmkar)
- Mason (Rajmistri)
- Basket/Mat/Broom Maker/Coir Weaver
- Traditional Doll & Toy Maker
- Barber (Naai)
- Garland Maker (Malakaar)
- Washerman (Dhobi)
- Tailor (Darzi) / Fishing Net Maker
Exact Benefits & Financials
- The ₹15,000 Toolkit (Insider Detail): The government does NOT put ₹15,000 cash into your bank account. To prevent misuse, they issue a digital e-Voucher (e-RUPI). You can only use this voucher at authorized stores to buy modern tools for your trade.
- Training Stipend: You will undergo 5–7 days of basic skill training. You are paid a stipend of ₹500 per day for attending.
- The 5% Loan: First Phase: You get a collateral-free loan of up to ₹1 Lakh to expand your business (18 months to repay). Second Phase: After repaying the first loan, you can take up to ₹2 Lakh (30 months to repay). The Math:* The bank charges standard interest, but the government pays the difference (subvention) so that the artisan only pays a flat 5% interest.
Eligibility & Hidden Rules
- Age: Minimum 18 years.
- Family Rule: The benefit is restricted to one person per family (husband, wife, and unmarried children constitute a family).
- The Exclusion Clause (Crucial): If you have taken loans under similar government credit schemes like PM SVANidhi (street vendor loan), Mudra Yojana, or PMEGP in the last 5 years and have outstanding dues, you are NOT eligible for the Vishwakarma loan.
Exact Navigation Path: How to Apply via CSC
You cannot register yourself on a website at home. The process requires biometric verification.
- Take your Aadhaar Card, Bank Passbook, and Aadhaar-linked mobile phone to your nearest Common Service Centre (CSC).
- Tell the CSC operator you want to register for PM Vishwakarma.
- The operator will scan your fingerprint or iris to complete the Aadhaar biometric authentication.
- The operator will select your specific trade from the drop-down list and submit your application.
- No Fees: The government pays the CSC operator directly for this service. Do not pay any money to the CSC center for registration.
- Your application will then undergo a 3-tier verification (Sarpanch > District > State) before your PM Vishwakarma ID card is generated.
Important Links
| Purpose | Link |
|---|---|
| Official Portal | pmvishwakarma.gov.in |
FAQs
I am a modern fashion designer. Can I apply as a Tailor?
The scheme is strictly for traditional, grassroots-level artisans and craftspeople working with their hands and basic tools, not for modern industrialized businesses.
Do I need to pledge my house to get the ₹3 Lakh loan?
No. This is a "Collateral-Free" loan under the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE). The bank cannot ask you for property papers or gold as security.
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