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Home » PM Vishwakarma Yojana 2024: Eligibility, Registration, Benefits, and Application Status

PM Vishwakarma Yojana 2024: Eligibility, Registration, Benefits, and Application Status

Last Updated on 05/07/2024 by wccexam Desk

The Indian government has recently launched the PM Vishwakarma Yojana, a comprehensive scheme aimed at providing holistic support to the country’s traditional artisans and craftspeople. This landmark initiative, introduced in the 2023-24 Union Budget, is a testament to the government’s commitment to preserving and nurturing India’s rich cultural heritage and the skilled individuals who have been the custodians of these time-honored traditions.

Coverage and Objectives

The PM Vishwakarma Yojana covers a diverse range of 18 traditional trades, including carpenters, boat makers, armourers, blacksmiths, goldsmiths, potters, sculptors, cobblers, masons, basket/mat/broom makers, doll and toy makers, barbers, garland makers, washermen, tailors, and fishing net makers.

The primary objectives of the scheme are:

  1. Strengthening the Guru-Shishya Parampara: The scheme aims to revive and strengthen the traditional master-apprentice relationship, ensuring the seamless transfer of skills and knowledge from one generation to the next.
  2. Improving Quality and Reach of Products/Services: By providing access to skill development training, modern tools, and market linkages, the scheme seeks to enhance the quality and availability of goods and services offered by artisans and craftspeople.
  3. Integration with Domestic and Global Value Chains: The scheme aims to integrate artisans and craftspeople into both national and international value chains, thereby expanding their market reach and opportunities.

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Key Features and Benefits

The PM Vishwakarma Yojana offers a comprehensive package of benefits to the eligible artisans and craftspeople, including:

  1. Recognition: Beneficiaries will receive a PM Vishwakarma certificate and ID card, acknowledging their skills and contributions.
  2. Skill Upgradation: The scheme provides basic training of 5-7 days and advanced training of 15 days or more, with a daily stipend of ₹500 for the participants.
  3. Toolkit Incentive: Eligible beneficiaries will receive a toolkit incentive of up to ₹15,000 in the form of e-vouchers at the start of the basic skill training.
  4. Credit Support: The scheme offers collateral-free ‘Enterprise Development Loans’ of up to ₹3 lakh, disbursed in two tranches of ₹1 lakh and ₹2 lakh, with tenures of 18 months and 30 months, respectively. These loans are provided at a concessional interest rate of 5% per annum, with the government providing an 8% subvention.
  5. Incentive for Digital Transactions: Beneficiaries will receive ₹1 per eligible digital transaction, up to a maximum of 100 transactions per month, to encourage the adoption of digital payment methods.
  6. Marketing Support: The scheme provides marketing support in the form of quality certification, branding, onboarding on e-commerce platforms, advertising, and other promotional activities to improve the artisans’ and craftspeople’s linkage to the value chain.
  7. Onboarding on Udyam Assist Platform: Beneficiaries will be enrolled as ‘entrepreneurs’ in the formal MSME ecosystem through the Udyam Assist Platform.

Eligibility and Application Process

The PM Vishwakarma Yojana is open to individuals aged 18 and above who are engaged in traditional, family-centered trades in the unorganized sector. To be eligible, applicants must possess an Aadhaar card, voter ID, proof of occupation, a mobile number, bank account details, an income certificate, and a caste certificate (if applicable).

The application process involves the following steps:

  1. Enrollment: Applicants can enroll through the Common Service Centres (CSCs) with Aadhaar-based biometric authentication on the PM Vishwakarma portal.
  2. Verification: The enrollment of beneficiaries is followed by a three-step verification process:
  • Verification at the Gram Panchayat/Urban Local Body (ULB) level
  • Vetting and recommendation by the District Implementation Committee
  • Approval by the Screening Committee
  1. Application Submission: Applicants can submit their applications on the official PM Vishwakarma website (pmvishwakarma.gov.in).

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Progress and Impact

As of June 27, 2024, the PM Vishwakarma Yojana has made significant progress. According to the official website, 2,23,06,310 applications have been submitted, with 1,04,69,770 applications verified at the Gram Panchayat or ULB/Zone level, 18,47,925 applications checked by the District Implementation Committee, and 13,33,777 applications approved by the Screening Committee. Ultimately, 13,19,741 applicants have been successfully registered under the scheme.

The impact of the PM Vishwakarma Yojana is expected to be far-reaching, as it aims to empower and uplift the traditional artisans and craftspeople who have been the backbone of India’s rich cultural heritage. By providing them with access to skill development, modern tools, financial assistance, and market linkages, the scheme is poised to revitalize these time-honored crafts and ensure their continued relevance in the modern era.

The launch of the PM Vishwakarma Yojana is a significant step forward in the government’s efforts to preserve and promote India’s traditional arts and crafts. By recognizing the invaluable contributions of the country’s artisans and craftspeople, and providing them with comprehensive support, the scheme has the potential to transform the lives of millions of skilled individuals, while also safeguarding the cultural legacy that has defined India for centuries. As the scheme continues to evolve and expand, it will undoubtedly play a crucial role in empowering the traditional artisans and craftspeople, and in turn, strengthening the very fabric of the nation.

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