Financial and Skill Support through PM Vishwakarma Yojana:The Impact of PM Vishwakarma Yojana on India’s Artisans
The PM Vishwakarma Yojana is a significant initiative by the Government of India, aimed at uplifting the traditional artisans and craftsmen across the country. This scheme is a part of the broader efforts to preserve India's rich cultural heritage while promoting economic growth. It provides financial assistance, skill development, and modern tools to enhance the productivity and income of these skilled individuals.
The PM Vishwakarma Yojana, also known as PM Vishwakarma Kaushal Samman, is a government initiative aimed at supporting artisans and craftspeople by providing them with easy access to collateral-free credit. Under this scheme, beneficiaries can avail loans of up to Rs 3 lakh at a favorable interest rate of 5% per annum for a period of four years. The scheme offers several key benefits, including the formal recognition of artisans through the issuance of a PM Vishwakarma certificate and ID card. Additionally, it includes skill upgradation programs, offering basic training for 5-7 days and advanced training for 15 days or more, with participants receiving a stipend of Rs. 500 per day. The loan availability under the Vishwakarma Yojana is structured to initially provide Rs 1 lakh, with the opportunity to secure an additional Rs 2 lakh at low interest rates, thereby enhancing the productivity and business growth of these skilled individuals.
Understanding the Vishwakarma Yojana
The Vishwakarma Yojana, also known as the Pradhan Mantri Vishwakarma Yojana, is an inclusive program designed to support the artisans who are an integral part of India's traditional economy. This scheme covers a wide range of crafts, including pottery, weaving, carpentry, blacksmithing, and more. By providing access to better resources, the scheme aims to modernize these trades, making them more competitive in the global market.
Key Features of the PM Vishwakarma Yojana
1. Financial Assistance and Loans: One of the primary benefits of the PM Vishwakarma Yojana is the provision of loans to artisans. These loans are designed to help craftsmen purchase modern tools, raw materials, and other necessities to improve their productivity. The scheme also offers subsidies and grants to reduce the financial burden on the artisans.
2. Skill Development and Training: The Ministry of Labour & Employment plays a crucial role in implementing the training programs under this scheme. These programs aim to enhance the skills of artisans, ensuring they are equipped with the latest techniques and knowledge to excel in their crafts.
3. Online Application and Registration: The PM Vishwakarma Yojana has streamlined its application process through an online portal. Artisans can easily apply for the scheme by visiting the PM Vishwakarma portal and completing the registration process. The online system also allows applicants to check their PM Vishwakarma status, apply for loans, and access various resources.
4. CSC Integration: Common Service Centers (CSCs) are pivotal in making the Vishwakarma Yojana accessible to artisans in rural and remote areas. The CSC PM Vishwakarma platform enables artisans to register, apply for benefits, and seek assistance through local CSCs, ensuring that the scheme reaches every corner of the country.
5. Timeline and Deadlines: The PM Vishwakarma Yojana 2023 and 2024 have specific deadlines for application and loan disbursement. Artisans are encouraged to check the PM Vishwakarma last date for applications to ensure they do not miss out on the benefits.
6. Portal and Login Facilities: The scheme provides a dedicated PM Vishwakarma portal where artisans can log in to access their accounts, apply for loans, and track the status of their applications. The PM Vishwakarma login feature ensures a secure and user-friendly experience for all registered artisans.
How to Apply for PM Vishwakarma Yojana
Applying for the PM Vishwakarma Yojana is a straightforward process:
1. Online Application: Visit the official PM Vishwakarma portal and complete the online application form. Provide the necessary details, including personal information, craft specialization, and financial requirements.
2. CSC Assistance: For those who prefer in-person assistance, visit a nearby Common Service Center. The CSC staff will guide you through the registration and application process, ensuring all necessary documents are submitted.
3. Loan Application: Artisans seeking financial assistance can apply for loans through the portal or CSC. The scheme offers favorable terms, making it easier for craftsmen to access funds.
Objectives of the PM Vishwakarma Scheme
The PM Vishwakarma Scheme aims to provide comprehensive support to traditional artisans and craftspeople. The key objectives are:
1. Recognize artisans as Vishwakarma, making them eligible for scheme benefits.
2. Offer skill enhancement and suitable training opportunities.
3. Supply modern tools to improve productivity and product quality.
4. Facilitate easy access to collateral-free credit with interest subsidies.
5. Promote digital transactions for digital empowerment.
6. Provide platforms for brand promotion and market linkages to explore growth opportunities.
Eligibility Criteria for PM Vishwakarma Scheme
1. Artisan or Craftsperson: Must be working in one of the 18 traditional trades listed in the scheme, in the unorganized sector on a self-employment basis.
2. Age: Minimum age of 18 years at the time of registration.
3. Engagement and Loan History: Must be engaged in the trade at registration and not have availed similar credit-based scheme loans (e.g., PMEGP, PM SVANidhi, Mudra) in the last five years.
4. Family Limitation: Benefits are limited to one member per family, defined as husband, wife, and unmarried children.
5. Exclusion: Government employees and their family members are not eligible.
Eligible Trades for PM Vishwakarma Scheme
- Wood Based
- Carpenter (Suthar)
- Boat Maker
- Iron/Metal Based/ Stone Based
- Armourer
- Blacksmith (Lohar)
- Hammer and Tool Kit Maker
- Locksmith
- Sculptor (Moortikar, stone carver)
- Stone Breaker
- Gold/Silver Based
- Goldsmith (Sunar)
- Clay Based
- Potter (Kumhaar)
- Leather Based
- Cobbler (Charmakar)
- Shoesmith/ Footwear Artisan
- Architecture/ Construction
- Mason (Raajmistri)
- Basket/ Mat/ Broom Maker/ Coir Weaver
- Doll & Toy Maker (Traditional)
- Barber (Naai)
- Garland Maker (Malakaar)
- Washerman (Dhobi)
- Tailor (Darzi)
- Fishing Net Maker
The PM Vishwakarma Yojana is a landmark initiative that seeks to empower the traditional artisans of India. By providing financial support, skill development, and easy access to modern tools, the scheme aims to enhance the livelihoods of these skilled craftsmen. The government's commitment to preserving cultural heritage while promoting economic growth is evident in the comprehensive design of this program.
Whether you are an artisan looking to upgrade your skills, a craftsman seeking financial assistance, or a member of the community interested in supporting local trades, the PM Vishwakarma Yojana offers a valuable platform for growth and development. Stay informed, apply on time, and take full advantage of the opportunities provided by this transformative scheme