1. Scheme Name: Pradhan Mantri Vishwakarma Yojana (PMVKSY)
2. Launch Date: 17 September 2023
3. Launched By: Hon’ble Prime Minister of India
4. Nodal Ministry: Ministry of Micro, Small & Medium Enterprises (MoMSME)
5. Scheme Duration: FY 2023–24 to FY 2027–28 (5 Years)

1. Strengthen traditional artisan ecosystem
2. Provide formal recognition (ID & certification)
3. Enable skill upgradation and training
4. Facilitate collateral-free credit access
5. Promote digital transactions and financial inclusion
6. Enhance market access through branding & e-commerce
7. Preserve India’s traditional crafts and heritage skills

1. PM Vishwakarma Certificate
2. Digital ID for artisans

1. Basic Training: 5–7 days
2. Advanced Training: 15 days or more
3. Stipend: ₹500 per day

1. Collateral-free loans up to ₹3 lakh
   1. ₹1 lakh (1st tranche)
   2. ₹2 lakh (2nd tranche)
2. Concessional interest rate: 5%

1. Up to ₹15,000 e-voucher for modern tools

1. Incentives for digital transactions
2. Support for branding, trade fairs, and e-commerce

1. Ministry of MSME – Nodal Ministry
2. National Steering Committee (NSC) – Policy decisions
3. Credit Oversight Committee – Loan monitoring

1. State Monitoring Committees

4.3 District Level

1. District Implementation Committees (DIC)
2. Verification through Gram Panchayat / ULB

1. Banks & Financial Institutions
2. Common Service Centres (CSCs)
3. Skill Training Providers
4. Industry & Market Agencies

1. Be 18 years or above
2. Be engaged in traditional trades (18 identified sectors)
3. Be self-employed artisans or craftspeople
4. Have no family member in government service
5. Have not availed similar loans in last 5 years
6. Only one beneficiary per family allowed

1. Carpenter
2. Blacksmith
3. Goldsmith
4. Potter
5. Tailor
6. Mason
7. Barber
8. Cobbler
9. Basket maker, etc.

1. Skill training institutes (for capacity building)
2. Financial institutions (loan disbursement)
3. Market linkage agencies
4. CSCs for registration & onboarding

1. Total Budget Allocation: ₹13,000 Crore
2. Coverage Target: ~30 lakh artisan families

1. Skill Training & Stipends
2. Toolkit Incentives
3. Interest Subvention
4. Credit Guarantee Support
5. Marketing & Digital Enablement

1. Over 8 lakh artisans trained (as of 2024)
2. Over 6 lakh beneficiaries received loans/tools
3. Around 30 lakh registrations targeted

1. High registration demand (millions of applications)
2. Gradual increase in training completion rates
3. Loan disbursement improving but facing operational challenges
4. Strong role of CSCs and local governance

1. Bank loan approval delays
2. Training infrastructure gaps
3. Awareness in rural areas
4. State-level implementation variations

1. Strengthens micro-enterprises and informal sector
2. Promotes self-employment and entrepreneurship
3. Supports Make in India & Vocal for Local

1. Formalizes traditional skill systems
2. Encourages skill certification and standardization

1. Uplifts marginalized artisan communities
2. Preserves cultural heritage

1. Encourages digital payments
2. Integrates artisans into banking system

1. Training Partners: Skill training delivery under PMVKSY
2. Consultants: DPR preparation, proposal support
3. NGOs & CSR Agencies: Artisan cluster development
4. Industry Bodies: Market linkage & branding
5. Skill Councils: Standardization & certification alignment

1. PM Vishwakarma Scheme details
2. PM Vishwakarma Yojana eligibility
3. Vishwakarma scheme benefits India
4. MSME artisan scheme India
5. Skill development schemes for artisans
6. Government schemes for craftsmen India
7. PM Vishwakarma loan subsidy scheme

1. PIB India – Scheme Guidelines
2. Ministry/CSC Portal – Scheme Overview
3. Wikipedia – Scheme Launch & Overview
4. ET Now – Detailed Scheme Features
5. StudyIQ – Financial Outlay & Structure
6. Vajiram & Ravi – Eligibility & Objectives
7. ClearTax – Implementation & Beneficiary Data
8. Government of Maharashtra – Scheme Benefits & Trades

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