VishwakarmaIN

PM Vishwakarma Scheme

Organized by Ministry of Micro, Small and Medium Enterprises (MSME)

A groundbreaking scheme to support traditional artisans and craftspeople (carpenters, boat makers, blacksmiths, potters, sculptors, cobblers, tailors, etc.). It combines skill upgradation, toolkit grants, and highly subsidized credit to scale their traditional businesses.

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Skill Development & Training

Vishwakarma · Ministry of Micro, Small and Medium Enterprises (MSME)

subsidized Funding

Launch Year

2023

Reach

3,000,000 target over 5 years

Funding

subsidized

Status

active

Financial Benefits

Grant: ₹15,000 toolkit incentive
Loan: Collateral-free enterprise loan up to ₹3 lakh at 5% interest
Stipend: ₹500 per day during training
PM Vishwakarma Certificate and ID Card
Basic training (5-7 days) and Advanced training (15+ days)
Marketing support and quality certification

Data last verified: 2024-03-05