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PM Vishwakarma Yojana: Eligibility, How To Apply, Objectives, Benefits

30^th Nov 2025...

Published By : Team 811

Latest News (2025)

The Ministry of MSME continues nationwide promotion of PM Vishwakarma Yojana. It is reaching artisans across India through Common Service Centres (CSCs).
Digital transaction incentives are now live: artisans earn Re 1 per transaction, up to 100 transactions per month. Marketing Support through the National Committee for Marketing.
Collateral-free credit support is being provided with 5% interest to beneficiaries and a government-backed interest subvention.

Key Takeaways

Official recognition through a certificate and an ID card identifies artisans as Vishwakarmas.
Skill development includes 40-hour basic training, an optional of 120-hour advanced training, with a ₹500/day stipend.
A toolkit grant of ₹15,000 helps improve productivity and quality.
Collateral-free credit (₹1 lakh first tranche, ₹2 lakh second tranche) supports business growth, along with marketing and e-commerce assistance.

The Ministry of Micro, Small & Medium Enterprises (MSME) took the initiative to launch the PM Vishwakarma Yojana. The central government scheme supports traditional artisans and craftspeople across India. The scheme provides a lot for the artisans. Now, they can grow their livelihoods and preserve our cultural heritage.

What is PM Vishwakarma Yojana?

It is a program for self-employed artisans. It focuses on those working in the unorganised sector. It strives to:

Recognise artisans officially as Vishwakarmas.
Provide skill verification and training opportunities.
Offer financial assistance for tools and equipment.
Provide collateral-free credit support with concessional interest.
Encourage digital transactions and promote artisans in national markets.

The scheme covers 18 traditional trades.

Who it Benefits

Traditional artisans and craftspeople in the 18 recognised trades.
carpentry
pottery
tailoring
blacksmithing
cobblers
masons
barbers
basket-making
doll and toy-making
boat-making
Self-employed individuals in the unorganised sector.
Adults aged 18 years or older are actively engaged in their trade.
Only one member per family (husband, wife, or unmarried children) is eligible.
Applicants must not have availed loans under PMEGP, PM SVANidhi, Mudra, or similar schemes in the last 5 years.

Key Features & Benefits of PM Vishwakarma

Artisans can receive recognition, training, and financial support all in this one PM Vishwakarma scheme. These PMV scheme benefits help them upgrade skills and access tools. This will help them expand markets.

Recognition/Certification:Beneficiaries receive a certificate and ID card officially recognising them as Vishwakarmas.
Duration/Type/Stipend:
Basic Training: 5-7 days (40 hours)
Advanced Training (optional): 15 days (120 hours)
Stipend: ₹500 per day during training
Financial Support/Loans/Grants:
Toolkit grant: ₹15,000 to purchase modern tools
Credit Support:
First tranche: ₹1 lakh (18 months repayment)
Second tranche: ₹2 lakh (30 months repayment)
Interest: 5% for the beneficiary; 8% subvention paid by the government
Credit guarantee fees borne by the Government of India
Incentives for Digital Transactions:Re 1 per transaction, up to 100 transactions per month. This motivates digital adoption.
Marketing Support: The National Committee for Marketing provides quality certification, branding, e-commerce linkages, trade fair participation, and publicity assistance.

Eligibility Criteria for PM Vishwakarma Yojana

Artisan or craftsperson in one of the 18 recognised trades.
Self-employed in the unorganised sector.
Minimum age: 18 years.
Not a beneficiary of PMEGP, PM SVANidhi, Mudra, or similar schemes in the past 5 years.
Only one family member is eligible.
Actively engaged in the trade at the time of registration

Exclusions Under PM Vishwakarma Yojana

Government employees and their family members.
Individuals who are not actively engaged in their trade.

Documents Required

Mandatory:

Aadhaar Card
Mobile number linked with Aadhaar
Bank account for fund disbursal
Ration card (if not available, Aadhaar of all family members for PM Vishwakarma Yojana eligibility verification)

Optional/supporting documents:

Proof of trade (photo, certificate, or evidence of artisan work)
Address proof (if not using Aadhaar)

Application Process

Applying for the PM Vishwakarma Yojana is easy. Just register online or at your nearest CSC, complete your details, and start your journey toward skill and financial support.

Vishwakarma Yojana Registration

Visit pmvishwakarma.gov.in or a Common Service Centre (CSC).
Fill personal, trade, and family details.
Upload Aadhaar and bank account information.

Verification (3-stage process)

Gram Panchayat / ULB level verification
District Implementation Committee vetting and recommendation
Screening Committee final approval (digital or physical)

Skill Training

Complete basic (40-hour) training; optional advanced (120-hour) training.
Receive a stipend of ₹500/day during training.

Toolkit & Credit Support

Toolkit grant of ₹15,000 disbursed to beneficiaries.
Collateral-free credit assistance provided as per scheme limits.

Marketing Support

Access branding, trade fairs, e-commerce, and publicity support via the National Committee for Marketing.

Check Status

Applicants can check their application status at any time.

Track registration and benefit status via portal login.
Status shows Approved / Pending / Rejected with next steps.

Benefit Disbursal

All approved benefits are transferred directly to your bank account. This makes it simple and secure to access your funds.

Toolkit grant, training stipend, collateral-free loans, and digital incentives (Re 1 per transaction, up to 100 transactions/month) are all disbursed directly to the registered bank account.

Kotak811 Zero-Balance Savings Account

Linking a Kotak811 Zero-Balance Savings Account is optional but recommended. Applicants can receive toolkit grants and training stipends. They can also get loan disbursals. It ensures secure and direct transfers, along with providing mobile banking convenience. The artisans find it easy to manage their finances in a better way.

Conclusion

PM Vishwakarma Yojana empowers traditional artisans by combining recognition, training, financial assistance, and marketing support. The scheme preserves India’s cultural heritage while improving incomes and livelihoods.

For beneficiaries, managing stipends and grants is easier with a Kotak811 Zero-Balance Savings Account, ensuring secure and convenient fund management. By participating, artisans gain confidence, financial independence, and opportunities for business growth.

FAQs

1. What is PM Vishwakarma Yojana?

It is a central government scheme. It provides recognition, training, toolkit grants, credit, digital incentives, and marketing support to traditional artisans.

2. Who is eligible?

Self-employed artisans aged 18+ are eligible. They should be engaged in one of 18 trades and not covered under similar schemes in the last 5 years.

3. What are the main benefits?

Mainly, one will benefit from the recognition, skill training, and toolkit grant of ₹15,000. Also, collateral-free credit, digital incentives, and marketing support will be available.

4. How can I apply?

Online at pmvishwakarma.gov.in or via CSCs.

5. Which documents are required?

Aadhaar, bank account, trade proof, and optionally income or address proof.

6. Is training mandatory?

Yes, basic training (40 hours). Advanced training (120 hours) is optional.

7. Can multiple family members apply?

No, benefits are limited to one member per family.

8. Are government employees eligible?

No, both employees and their family members are excluded.

9. How is credit assistance structured?

First tranche: ₹1 lakh (18 months); second tranche: ₹2 lakh (30 months). The beneficiary pays 5% interest; the government covers subvention up to 8%.

10. How is the toolkit grant disbursed?

Directly to the registered bank account. Kotak811 accounts are recommended for seamless receipt.

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This Article is for information purposes only. The views expressed in this Article do not necessarily constitute the views of Kotak Mahindra Bank Ltd. (“Bank”) or its employees. Bank makes no warranty of any kind with respect to the completeness or accuracy of the material and articles contained in this Newsletter. The information contained in this Article is sourced from empanelled external experts for the benefit of the customers and it does not constitute legal advice from Kotak. Kotak, its directors, employees, and contributors shall not be responsible or liable for any damage or loss resulting from or arising due to reliance on or use of any information contained herein.