Snapshot
Quick facts
Policy status
Active central scheme
Region
India (Central)
Type
Artisan Support
Verified
Verified by editorial team
Key Figures
The numbers that matter — verify on the official portal
Toolkit incentive: Rs 15,000 (e-voucher)
Collateral-free loan: Rs 1 lakh then Rs 2 lakh (total Rs 3 lakh) at 5% interest
Training stipend: Rs 500/day
18 traditional trades; launched 17 Sept 2023
Support Types
What the scheme actually offers
- skill training + stipend
- toolkit incentive (Rs 15k)
- collateral-free loan (Rs 1L then Rs 2L)
- digital & marketing support
Best Suited For
Fit Business Ideas
Examples this scheme tends to suit
Documents You Will Need
- Aadhaar
- trade proof/self-declaration
- bank account
How to Apply
Step-by-step process
- 1Register on PM Vishwakarma portal (via CSC)
- 2Verification
- 3Training + toolkit
- 4Access loan & market support
Warning
Read this before applying
Limited to listed traditional trades; verify your trade is covered.
Official Government Links
Always verify on these portals before applying
PM Vishwakarma can reduce capital pressure, but only when documentation, eligibility, and execution are tight. Always verify the latest amounts and deadlines on the official portal before applying.