Sudhir Singh
Updated on November 4, 2025
The PM Vishwakarma Yojana is a flagship initiative by the Government of India aimed at empowering traditional artisans and craftspeople. Designed to provide holistic support and recognition, this scheme bridges the gap between tradition and modernity by promoting indigenous skills, boosting income opportunities, and facilitating access to credit and markets.
Message from Hon’ble Prime Minister Narendra Modi
“Traditionally, crores of ‘Vishwakarmas’ who create something or the other by working hard with their hands, tools and equipment are the builders of this country. We have a huge list of countless people like the blacksmiths, goldsmiths, potters, carpenters, sculptors, artisans, masons etc. PM Vishwakarma will bring a sea of changes in the lives of crores of Vishwakarmas.”
– Narendra Modi, Hon’ble Prime Minister
PM Vishwakarma Yojana Objectives
The PM Vishwakarma Yojana aims to uplift the livelihoods of traditional artisans and craftspeople through structured interventions. The key objectives are:
- Recognition of Artisans and Craftspeople
To officially recognize traditional artisans and craftspeople as “Vishwakarmas”, making them eligible to avail themselves of all the benefits under the scheme. - Skill Upgradation
To provide advanced training and skill development to make traditional skills more relevant, refined, and market-oriented. - Access to Modern Tools
To support artisans with better tools and equipment, enhancing their productivity, capabilities, and the overall quality of products. - Collateral-Free Credit
To ensure easy access to loans without collateral, and reduce the cost of borrowing through interest subvention. - Digital Empowerment
To incentivize digital transactions and promote digital literacy and empowerment among Vishwakarmas. - Brand Promotion and Market Linkage
To help artisans access new markets and branding opportunities for growth.
PM Vishwakarma Yojana Eligibility Criteria
The Vishwakarma Yojana outlines specific eligibility conditions to ensure support reaches the right beneficiaries:
- Who Can Apply
An artisan or craftsperson working with hands and tools in one of the 18 family-based traditional trades (as mentioned in the scheme) in the unorganized sector on a self-employment basis. - Minimum Age
The applicant must be at least 18 years old at the time of registration. - Trade Engagement
The artisan must be actively engaged in their trade and must not have availed loans under similar credit-based schemes such as PMEGP, PM SVANidhi, or MUDRA within the last five years. - One Beneficiary per Family
Only one eligible member per family (defined as husband, wife, and unmarried children) can benefit from the scheme. - Exclusion for Government Employees
Government employees and their family members are not eligible under the PM Vishwakarma Yojana.
Recent Update around PM Vishwakarma Yojana
- The scheme is entering its next phase with a greater emphasis on credit support and market linkages to help artisans access broader markets and formal finance.
- As of 16 September 2025, approximately 30 lakh artisans and craftspeople have been registered under the scheme, and around 26 lakh have completed skill verification.
- The scheme has issued over 23 lakh toolkit e-vouchers to beneficiaries to upgrade their tools and productivity.
- District Project Management Units (DPMUs) have been established — about 497 units covering 618 districts — to drive implementation at the grass-roots level.
Fact Check
- The scheme began on 17 September 2023 and is planned to run up to 2027-28 with a total outlay of around ₹13,000 crore.
- It covers 18 traditional trades such as carpenters, blacksmiths, potters, tailors, and so on.
- Benefits include:
- Recognition with ID and a certificate.
- Basic (5-7 days) and advanced (15 days+) training.
- Daily stipend during training (~₹500/day).
- Toolkit assistance (up to ₹15,000 e-voucher).
- Collateral-free “Enterprise Development Loan” up to ₹3 lakh in two tranches (₹1 lakh + ₹2 lakh), concessional rate ~5 %.
Eligible Trades under PM Vishwakarma
The scheme includes 18 family-based traditional trades categorized by material or activity type:
Wood Based
- Carpenter (Suthar)
- Boat Maker
Gold/Silver Based
- Goldsmith (Sunar)
Architecture/Construction
- Mason (Raajmistri)
Iron/Metal/Stone Based*
- Armourer
- Blacksmith (Lohar)
- Hammer and Tool Kit Maker
- Locksmith
- Sculptor (Moortikar, stone carver)
- Stone Breaker
*Also includes the manufacture of Bronze, Brass, Copper, Dias, Utensils, Figurines, etc.
Clay Based
- Potter (Kumhaar)
Leather Based
- Cobbler (Charmakar)
- Shoesmith / Footwear Artisan
Other Trades
- Basket / Mat / Broom Maker
- Coir Weaver
- Doll & Toy Maker (Traditional)
- Barber (Naai)
- Garland Maker (Malakaar)
- Washerman (Dhobi)
- Tailor (Darzi)
- Fishing Net Maker
PM Vishwakarma Registration Process
Application for Enrolment
- MoMSME and Common Service Centres (CSCs) will facilitate enrolment using an Aadhaar-authenticated PM Vishwakarma Yojana Portal and mobile app.
- e-Shram Database (MoLE) mapped with NCO codes will be the primary source for identifying eligible artisans and craftspeople.
- Those not in the e-Shram database can still apply via CSCs or directly through the portal.
- Applications can be submitted at the Gram Panchayat / ULB levels or online. Required details include Aadhaar, mobile number, bank details, ration card (or Aadhaar of all family members if no ration card), and the purpose of the loan.
- If the applicant lacks a bank account, CSCs will assist in opening one.
- Additional documents may be requested as needed.
- No enrolment fee is charged; all costs are borne by the Government.
Below are the Steps for Viswakarma Scheme Registration
- Apply via CSCs or online through Aadhaar-authenticated PM Vishwakarma Portal (multilingual and API-integrated).
- Applicants can self-apply or seek help from Village Level Entrepreneurs (VLEs) at CSCs.
- CSCs will assist in benefit selection and explain the skill upgradation component.
- Aadhaar-seeded bank account is mandatory for monetary benefits.
- Biometric Aadhaar authentication will be required at all stages.
- The portal links to:
- Udyam Assist Portal (for those without PAN)
- Udyam Registration Portal (for PAN holders)
- GeM Portal for product visibility and public procurement.
- The application undergoes a 3-stage verification process. Upon approval, Aadhaar-based registration is confirmed, and applicants are notified via SMS.
PM Vishwakarma Yojana Verification and Approval
Stage 1: Local Verification
- Conducted by the Gram Panchayat Head or Urban Local Body (ULB) Executive.
- Verifies traditional trade engagement, family eligibility (one per family), and authenticates beneficiary details collected by VLEs.
Stage 2: District-Level Vetting
- Verified details are forwarded to the District Implementation Committee for online vetting and recommendation.
Stage 3: Final Approval
- Screening Committee, chaired by an officer from the Office of DC-MSME, gives final approval.
- Includes State Lead Bank Manager and MSDE representatives.
Key Responsibilities of the Screening Committee:
- Approve eligible registrations.
- Ensure timely processing.
- Confirm eligibility in approved trades.
- Suggest corrective measures for smooth implementation.
Components and Fund Flow under PM Vishwakarma Yojana
The PM Vishwakarma Yojana has a total budgetary outlay of ₹13,000 crore. The scheme is divided into multiple components, each funded and implemented through structured channels as detailed below:
| Component | Scheme Element | Proposed Funding Pattern | Fund Flow |
|---|---|---|---|
| Component 1 | Skill Upgradation (Skill Assessment, Basic Training, Advanced Training Stipend) | 100% funded by MoMSME | Funds will be released by MoMSME to the agency designated by MSDE for expenditure/disbursement. |
| Component 2 | Toolkit Incentive | 100% funded by MoMSME | Toolkit incentives/e-vouchers will be provided by MoMSME. |
| Component 3 | Access to Affordable Credit | – For guarantee coverage of Enterprise Development Loans: 100% coverage by CGTMSE from previously disbursed MoMSME funds – For interest subvention and CGTMSE fees: 100% funded by MoMSME | – Guarantee claims: Released by CGTMSE to MLIs – Interest subvention: Disbursed by MoMSME through the lending bank |
| Component 4 | Marketing Support | 100% funded by MoMSME | Funds will be released to the designated agency by the National Committee for Marketing (NCM). |
| Component 5 | Incentive for Digital Transactions | 100% funded by MoMSME | Funds will be released by MoMSME. |
Interest Subvention on Loans Under PM Vishwakarma Yojana
Assumption:
- Loan Amount Sanctioned: ₹1,00,000
- Loan Outstanding: ₹1,00,000
- Gross Interest Charged: 13%
Loan Repayment Breakdown (One Quarter)
| Particulars | Month 1 | Month 2 | Month 3 |
|---|---|---|---|
| Loan Outstanding at Month Start (A) | ₹1,00,000 | ₹95,000 | ₹90,000 |
| Installment Amount | ₹5,000 | ₹5,000 | ₹5,000 |
| Interest at 5% (A × 5% × 1/12) | ₹417 | ₹396 | ₹375 |
| Amount Payable to Bank (B) | ₹417 | ₹396 | ₹375 |
Interest Subvention Calculation
| Particulars | Month 1 | Month 2 | Month 3 |
|---|---|---|---|
| Account Status | Regular / Standard | Regular / Standard | Regular / Standard |
| Interest Subvention @8% (A × 8% × 1/12) | ₹667 | ₹633 | ₹600 |
| Subvention Paid by MoMSME to Bank (C) | ₹667 | ₹633 | ₹600 |
| Total Interest Earned by Bank (B + C) | ₹1,084 | ₹1,029 | ₹975 |
This shows that under PM Vishwakarma, the beneficiary pays a reduced interest (5%), while the Government (MoMSME) pays the remaining 8% to the bank as subvention, ensuring affordable credit for artisans and craftspeople.
Conclusion
The PM Vishwakarma Yojana represents a transformative step toward honouring India’s traditional artisans. The backbone of our cultural and economic heritage. By combining skill development, financial aid, digital empowerment, and market linkage, the scheme aims to revive and modernize age-old trades, ensuring they continue to thrive for generations to come.
Government Link:
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Sudhir Singh
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