PM Vishwakarma
Scheme
Samman • Samarthya • Samriddhi
Empowering traditional artisans and craftspeople by strengthening the Guru-Shishya parampara and connecting them with formal credit, skills, and markets.
Built on Three Pillars of Empowerment
Launched in 2023 as a Central Sector Scheme with an outlay of ₹13,000 crore (2023-24 to 2027-28), PM Vishwakarma supports traditional artisans aged 18+ engaged in 18 notified trades in the unorganised sector.
Jointly implemented by the Ministry of MSME, Ministry of Skill Development & Entrepreneurship, and Department of Financial Services. Benefits are limited to one family member. Eligibility excludes those who availed similar self-employment loans in the last 5 years (except fully repaid MUDRA / PM SVANidhi beneficiaries).
Core Focus
- Recognition through Certificate & ID Card
- Skill upgradation (Basic 5–7 days + Advanced 15+ days)
- Modern toolkit incentive up to ₹15,000
- Collateral-free credit up to ₹3 lakh at 5% interest
- Marketing support via GeM, ONDC & trade fairs
Key Features & Benefits
End-to-end support package for traditional artisans
Recognition
PM Vishwakarma Certificate and ID Card for formal recognition and identity.
Skill Training
Basic: 5–7 days • Advanced: 15+ days
₹500/day stipend
Toolkit Incentive
e-Voucher / incentive up to ₹15,000 for modern tools. Delivered via India Post.
Credit Support
Collateral-free loans up to ₹3 lakh in two tranches at 5% interest.
Marketing
Integration with GeM, ONDC, e-commerce platforms, branding and trade fairs.
Digital Incentive
₹1 per digital transaction (up to 100/month) to promote cashless business.
3 Years of Achievements
Major milestones as of September 2026
Significance of the Scheme
Formalisation
Connects traditional artisans with formal credit, banking, and digital payments systems.
Livelihoods
Strengthens incomes and entrepreneurship among rural and marginalised communities.
Heritage
Preserves indigenous crafts and heritage skills by making them economically viable.
Productivity
Modern tools, upskilling, and market access improve quality, efficiency, and earning potential.
Important for Competitive Exams
UPSC, State PSC & other government exam relevant points
Must-Remember One-Liners
- • Central Sector Scheme with ₹13,000 crore outlay (2023-24 to 2027-28).
- • Launched in 2023; completed 3 years in September 2026.
- • Three pillars: Samman, Samarthya, Samriddhi.
- • Covers 18 traditional trades; one beneficiary per family.
- • Toolkit up to ₹15,000; Loan up to ₹3 lakh at 5% interest.
- • Stipend of ₹500/day during skill training.
- • Jointly implemented by MSME, Skill Development & DFS.
- • Official portal: pmvishwakarma.gov.in
Quick Quiz
1. What is the maximum loan amount under PM Vishwakarma?
2. How many traditional trades are covered under the scheme?