Vishwakarma Scheme 2023

Vishwakarma Scheme 2023 | PM Vishwakarma Yojana Apply Online | PM Vishwakarma Kaushal Samman Yojana Benefits and Eligibility

On recent Independence Day, our Prime Minister Narendra Modi announced the Vishwakarma Scheme intended to give traditional artisans and craftspeople financial support and skill-upgrading opportunities. In this article, we will describe all the details regarding PM Vishwakarma Yojana and its objectives, benefits, etc. Also, you will get to know how you can apply for the scheme. So, read till the end.

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Prime Minister Narendra Modi recently announced the Vishwakarma Yojana in his Independence Day speech. Through this, PM has opened the door for a new initiative aimed at improving the livelihood prospects of traditional artisans and craftspeople. The Union Cabinet quickly approved the plan after this announcement, demonstrating its dedication to fostering and maintaining traditional trades.

Overview of Vishwakarma Yojana

Name of Scheme	PM Vishwakarma Scheme
Initiated By	PM Narendra Modi
Benefits	To give traditional artisans and craftspeople financial support and skill-upgrading opportunities
Beneficiaries	Artists and Craftsman
Launched On	17 September 2023
Official Website	Launched Soon

Objectives of the Vishwakarma Scheme

The program’s main objective is to expand the market for and raise the calibre of the products and services provided by artisans and craftspeople, as well as to integrate them into both domestic and global value chains.

Loans up to Rs. 1,00,000/- will be provided at 5% Interest Rate in 1st Phase.
Loans up to Rs. 2,00,000/- will be provided at 5% Interest Rate in 2nd Phase.
Skill Training will also Provided.
A stipend of Rs. 500/- per Day will be provided during the Training Period.
Rs. 15,000/- will be provided to Purchase Advance Tools.
PM Vishwakarma Certificate and Identity Card will also provided.

Eligibility Criteria for Applying the Scheme

The applicant should be an Indian Resident.
The applicant should be an Artisan or Craftspeople / Craftsmen.

How to Apply for PM Vishwakarma Scheme 2023?

When introducing the 2023–2024 budget, Smt. Nirmala Sitaraman, minister of finance, announced this program.
The PM Vishwakarma Yojana, also known as PM Vishwakarma Kaushal Samman Yojana, was approved for implementation by the Central Cabinet on August 16, 2023.
On September 17, 2023, the day of Vishwakarma Jayanti, the PM Vishwakarma Yojana will now be implemented throughout all of India.
Therefore, the PM Vishwakarma Yojana currently lacks proper instructions and an application process.
We will update the PM Vishwakarma Kausal Samman Yojana application process as soon as it is made available by the Indian government.

Required Documents for Applying the Scheme

Card Aadhar.
Identity card for voters.
Evidence of Occupation.
Phone Number.
Bank account information.
Income Statement.
Caste Certificate (if necessary)

PM Vishwakarma Kaushal Samman Yojana Benefits

Training and Skill Enhancement – A thorough 6-day training program will give traditional artisans a priceless chance to improve their abilities. By equipping them with cutting-edge skills and knowledge, this training is specifically designed to meet the needs of craftspeople like carpenters, tailors, basket weavers, barbers, goldsmiths, blacksmiths, potters, confectioners, and cobblers.
Financial Support – The program offers significant financial assistance ranging from Rs 10,000 to Rs 10 lakh, which goes beyond training. Beneficiaries are able to launch new projects and grow existing ones thanks to this financial assistance, improving their quality of life.
Employment Opportunities – The PM Vishwakarma Scheme stimulates the development of employment opportunities. It aims to promote economic stability and growth by creating jobs for about 15,000 people each year.
Online Application Process – Applying online makes it simple for prospective beneficiaries to join the program. This approach is user-friendly, which streamlines the application process and guarantees that deserving candidates can quickly take advantage of the program’s benefits.
Full Cost Coverage -Under the Vishwakarma Scheme, it is the state government’s responsibility to pay for all associated costs for various training programs. This guarantees that artisans can receive top-notch training without having to worry about paying for it.