PM Vishwakarma Yojana 2026: PM Vishwakarma Yojana of the Central Government is an important scheme being run for the traditional artisans and craftsmen of the country. The objective of this scheme is to provide financial assistance, skill training and modern equipment to those who are associated with their traditional occupations. Under the scheme, eligible beneficiaries are given an unsecured loan of up to ₹3 lakh, toolkit assistance of ₹15,000 and a stipend of ₹500 per day during training.
PM What is Vishwakarma Yojana?
PM Vishwakarma Yojana was launched on 17 September 2023. This scheme has been launched to economically strengthen carpenters, blacksmiths, goldsmiths, tailors, potters, cobblers, masons and other traditional artisans. The scheme is being operated by the Central Government and will be in force till 2027-28.
Major benefits of the scheme
Under the loan scheme, unsecured loan up to ₹ 3 lakh is given in two phases.
- Loan up to ₹ 1 lakh in the first phase
- Additional loan up to ₹ 2 lakh in the second phase
Beneficiaries get the benefit of concessional interest rate on this loan.
Toolkit assistance of ₹15,000
The government provides toolkit assistance of up to ₹15,000 to eligible artisans to purchase modern equipment. This amount is given in the form of e-voucher.
free training
Basic and advanced training is given to the beneficiaries. A stipend of ₹ 500 is also available per day during the training.
Incentive on digital transactions
Under the scheme, beneficiaries are also given incentive amount per digital transaction to promote digital payments.
Who can apply?
Only a person who is involved in traditional handicraft or workmanship and is at least 18 years of age can avail the benefit of the scheme.
Eligible businesses include:
- carpenter
- Blacksmith
- goldsmith
- Potter
- the tailor
- Cobbler
- mason
- basket makers
- sculptor
- and other traditional businesses.
PM Vishwakarma Yojana 2026: Required documents
- Aadhar card
- mobile number
- bank passbook
- identity card
- business related information
- passport size photo
PM Vishwakarma Yojana 2026: How to apply?
- Visit the official website of PM Vishwakarma.
- Start the application process at CSC center or online.
- Complete Aadhaar Verification.
- Fill in the required information.
- Submit the documents.
- After verification, the benefits of the scheme will start getting available.
What is special in 2026?
The government is working on connecting crores of artisans across the country through the scheme. The scheme is being expanded in many states and efforts are being made to connect the beneficiaries with training, marketing support and digital facilities.
conclusion
If you are associated with any traditional artisan or handicraft business, then PM Vishwakarma Yojana can prove to be a big opportunity for you. Facilities like unsecured loan up to ₹3 lakh, toolkit assistance of ₹15,000 and free training can help small artisans grow their business.
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