PM Vishwakarma Yojana 2024: Get An Unsecured Loan of Rs 3 Lakh Without Guarantees from the Vishwakarma Yojana

PM Vishwakarma Yojana: Launched by Prime Minister Narendra Modi on September 17, 2023, coinciding with Vishwakarma Jayanti, PM Vishwakarma Yojana aims to enhance the skills of individuals from the Vishwakarma community.

This scheme was announced during this year’s Independence Day celebration and featured in the Union Budget. Also known as Vishwakarma Kaushal Samman Yojana, it offers financial assistance and modern training to traditional craftsmen and artisans engaged in 18 different trades.

If you’re part of the Vishwakarma community and wish to access the scheme’s benefits, it’s essential to apply under it. To gather comprehensive details about the Vishwakarma Kaushal Samman Yojana, read through this document to acquire in-depth information about PM Vishwakarma Yojana 2024. 


PM Vishwakarma Yojana 2024

  • It’s also known as PM Vishwakarma Kaushal Samman Yojana, was launched by Prime Minister Narendra Modi on September 17, 2023.
  • The scheme caters to individuals within the Vishwakarma community, offering financial aid of Rs 15,000 to traditional artisans and craftsmen for purchasing tool kits.
  • Beneficiaries under this scheme receive specialized training provided by the government, accompanied by a daily grant of Rs 500 throughout their training duration.
  • The initiative aims to enhance employment opportunities and mitigate unemployment rates among the Vishwakarma community.
  • To avail the scheme’s benefits, individuals must first register on the official PM Vishwakarma Portal before accessing its offerings





I Am Shakti Udan Yojana 


PM Vishwakarma Yojana 2024 Highlights


Name of the Scheme PM Vishwakarma Yojana
Launched By Narendra Modi  
Date Launched September 17, 2023
Beneficiary Craftsmen belonging to urban and rural areas
Objective To provide training and grants
Application Mode Online  
Official Website


 Objective of Vishwakarma Kaushal Samman Yojana

  • The Sarkari Yojana 2023, initiated by PM Narendra Modi, aims to financially assist traditional artisans and craftsmen.
  • The scheme provides a Rs 15,000 incentive for the procurement of necessary tool kits.
  • Additionally, it offers a loan of up to Rs 3 lakh, distributed in two installments at a 5% interest rate.
  • The objective is to improve living standards and boost the income of these individuals, ensuring financial stability.






E-Sevanam Portal


Categories of people to get benefit under the PM Vishwakarma Yojana 2024

  • Blacksmith
  • Weapon makers
  • Boat builders
  • Carpenter
  • Fish trappers
  • Tailor
  • Washerman
  • Rosary
  • Barber
  • Toy makers
  • Broom maker
  • Carpet maker
  • Daliya makers
  • Raj Mistri
  • Cobbler
  • Sculptor
  • Potter
  • Goldsmith
  • Toolkit manufacturer
  • Locksmith



 Loan up to Rs 3 lakh @ 5% interest

  • The PM Vishwakarma Yojana offers loans up to Rs 3 lakh, issued in two phases.
  • Initially, beneficiaries receive a Rs 1 lakh loan at a low 5% interest rate.
  • The subsequent phase includes a collateral-free loan of Rs 2 lakh, along with support for digital transactions and marketing incentives.
  • The scheme’s budget spans Rs 13,000 crore, covering the period from 2023-24 to 2027-28.
  • The program aims to aid around 30 lakh traditional artisans across the country.

Samagra ID


Benefits of PM Vishwakarma Yojana

  • It supports workers and artisans across various Vishwakarma-associated professions.
  • Eligible professions include blacksmiths, potters, barbers, fishermen, washermen, cobblers, and tailors.
  • The scheme offers comprehensive skill training, encompassing basic and advanced skill sets.
  • Recipients receive identification via training certificates and ID cards.
  • A tool kit valued at Rs 15,000 is provided as an incentive under this scheme.
  • The interest-free enterprise development loan is disbursed in two phases: Rs 1 lakh initially, repayable within 18 months, followed by a second installment of up to Rs 2 lakh, repayable over 30 months.
  • Government-backed marketing services, such as quality certification, branding, e-commerce support, trade fair promotion, and marketing strategy advice, are available.
  • The scheme aims to bolster employment rates while reducing unemployment by offering financial aid.
  • Training enables Vishwakarma community members to improve their economic status and generate sustainable income.
  • Online registration is mandatory for those seeking benefits through PM Vishwakarma Kaushal Samman Yojana.



Eligibility for PM Vishwakarma Yojana

  • Only Indian citizens are eligible to apply.
  • The scheme extends to 140 castes affiliated with the Vishwakarma community.
  • Artisans and craftsmen across the nation are eligible to enroll.
  • Government employees are not eligible to apply for this scheme.
  • Applicants benefiting from credit-based schemes offered by other state or central governments will not qualify for this scheme.
  • A mandatory requirement is linking the applicant’s bank account with their Aadhar card.
  • Only one member per family can apply under this scheme.



Documents Needed

  • Aadhar card
  • email id
  • mobile number
  • passport size photo
  • Bank details
  • caste certificate
  • Address proof
  • Ration card


Kerala School Sasthrolsavam


How to apply online under PM Vishwakarma Yojana

  • Visit the official PM Vishwakarma Portal website.
  • Click on the “How to Register” option found on the homepage.
  • Review the registration instructions provided on the following page.
  • Verify your mobile number and Aadhar card to proceed.
  • Complete the registration form accurately with the required information.
  • Next, upload copies of the required documents.
  • Finalize your application by clicking the “Submit” button.
  • This concludes the process for applying online.


PM Vishwakarma Yojana 2024 FAQs


Who first launched PM Vishwakarma Yojana 2024?

It’s launched by PM Narendra Modi

When the scheme was launched?

It was introduced on September 17, 2023, marking the Prime Minister’s birthday and the celebration of Vishwakarma Jayanti.

Who will be the beneficiaries of this scheme?

Traditional artisans and craftsmen affiliated with the Vishwakarma community will be eligible for the benefits offered 

What is the loan amount available under this scheme?

A loan of Rs 3 lakh will be available

What are the benefits provided under this scheme?

It provides a beneficiary with Rs 15,000 for purchasing a toolkit, training benefits, and a daily grant of Rs 500 during the training period

What’s the official web portal of PM Vishwakarma Yojana



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