PM Vishwakarma Yojana 2024– Qualification, Documents, Application Process

On his 73rd birthday, PM Modi inaugurated the PM Vishwakarma Yojana in commemoration of Vishwakarma Jayanti. This initiative provides financial assistance to small-scale workers and skilled artisans, along with training, guidance on skill-related matters, and exposure to modern techniques. The estimated cost of this program is 15 crore rupees, underscoring the government’s commitment to the welfare scheme. The 15 crore rupees allocated under this scheme benefit individuals engaged in traditional trades such as washermen, barbers, goldsmiths, bricklayers, and metalworkers. The primary objective of this scheme is to support struggling skilled craftsmen by offering financial aid and training opportunities. Check the complete details on the official website.

 

PM Vishwakarma Yojana Features

The PM Vishwakarma Yojana comes with exclusive features for talented craftsmen and trades as follows as

  • Scope and Coverage: The initiative encompasses 18 traditional trades in both rural and remote regions, including carpentry, boat-making, blacksmithing, pottery, sculpture, cobbling, tailoring, and more.
  • Recognition and Support: Program participants will receive a PM Vishwakarma certificate and identity card. Moreover, they are eligible for collateral-free credit assistance, with up to ₹1 lakh for the first time and ₹2 lakh for the second time, both at a concessional 5% interest rate.
  • Skill Development and Empowerment: With a budget of ₹13,000 to ₹15,000 crore over five years (2023-2028), the scheme provides a ₹500 stipend for skill training and ₹1,500 for purchasing contemporary tools.
  • Integration with Value Chains: The primary objective of this scheme is, therefore, to seamlessly integrate artisans into domestic and international value chains, enhancing their market access and growth opportunities.
  • Registration and Implementation: Additionally, artisans can register at village common service centers with financial support from the central government and state authorities.

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Highlights of PM Vishwakarma Yojana

PM Vishwakarma Yojana highlights the steadfast commitment of the authorities to enhance the well-being of citizens and promote sound financial practices through various effective schemes.

  • PM Vishwakarma Yojana brings benefits to small businesses by adhering to specific timelines and fund allocations.
  • The estimated implementation timeline ranges between 13,000 to 15,000 crores.
  • The scheme reflects a significant government commitment, akin to other schemes like PM Kisan Samman Nidhi Yojana, Jal Jeevan Mission, Ayushman Bharat Yojana, and the Livestock Scheme.
  • A substantial amount of 2.5 lakh crore rupees has been distributed to farmers through PM Kisan Samman Nidhi Yojana.
  • An allocation of 2,00,000 crore rupees has been made for the Jal Jeevan Mission.
  • Ayushman Bharat’s scheme expenditure stands at 70,000 crore rupees.
  • The Livestock Scheme sees an investment of approximately Rs. 15,000 crore.
  • This collective effort underscores the government’s unwavering dedication to enhancing various sectors through strategic financial initiatives.

Benefits of PM Vishwakarma Yojana 2023

Artisans and craftspeople enrolled in the PM Vishwakarma Yojana can anticipate a range of valuable benefits, including:

  • Access to Loans: In the initial phase, artisans can avail themselves of quick loans up to Rs. 1,00,000 at a remarkably low 5% interest rate. In the subsequent segment, this lending limit is extended to Rs. 2,00,000, still with an equally favorable interest rate.
  • Skill Enhancement: The scheme prioritizes talent development and provides comprehensive education to individuals, enabling them to refine their craft and expertise.
  • Stipend Support: During the training period, beneficiaries are entitled to a daily stipend of Rs. 500, offering financial assistance as they acquire new skills.
  • Tool Kit Assistance: To facilitate the artisans’ work, this scheme provides a monetary amount of Rs. 15,000 to purchase advanced tools and devices.
  • Official Recognition: Participants receive the distinguished PM Vishwakarma Certificate and Identity Card, acknowledging their proficiency and participation in the yojana.

Eligibility Criteria for PM Vishwakarma Yojana 2024

To be eligible for the PM Vishwakarma scheme, you should meet the following criteria:

  1. You must be an artisan or craftsman engaged in any of the 18 specified trades.
  2. The program encompasses various crafts, such as locksmiths, boatmakers, carpenters, and goldsmiths.
  3. Additionally, you must be at least 18 years old, and none of your family members should be employed by the government.
  4. The scheme’s benefits are available to only one member per family.

Documents Needed for Online Application

To enroll in this scheme, you will need the following essential documents:

  1. Aadhaar Card
  2. PAN Card
  3. Bank Account Passbook
  4. Educational Qualification Certificate
  5. Active Mobile Number
  6. Passport Size Photograph, etc.

After ensuring that you meet the eligibility criteria and have the necessary documents, you can proceed with the registration process and apply for the PM Vishwakarma scheme.

Registration Process for PM Vishwakarma Yojana

  • Eligible candidates can fill out the PM Vishwakarma Yojana Registration Form.
  • Visit https://pmvishwakarma.gov.in/ to initiate the registration process.
  • Required information for registration includes an Aadhaar card, bank account number, passbook, talent certificates, and other relevant details.
  • Ensure compliance with all guidelines provided on the website to complete the registration process.

Online Application Process for PM Vishwakarma Yojana 2024

To submit your online application for PM Vishwakarma Yojana 2024 on the official website, follow these steps:

  1. Open your browser and navigate to the official website: https://pmvishwakarma.gov.in/.
  2. Click on the Registration Link to begin the process.
  3. After registering with your details, proceed to the application form.
  4. Fill in the required fields with your name, skill set, Aadhaar card number, and other necessary information.
  5. Complete the application form on the portal, upload the required documents, and then proceed with the final submission.

PM Vishwakarma Yojana Amount

The number of incentives via PM Vishwakarma Yojana given to eligible beneficiaries are as follows:-

  • Minimum Amount = Rs. 15,000/-
  • Maximum Amount = Rs. 1,00,000/-

How to check the PM Vishwakarma Yojana application status

  • First of all, you need to go to the Official Website.
  • After visiting the official site, the home page will open in front of you.
  • On this home page, you need to click on the option of Vishwakarma Shram Samman Yojana.
  • After clicking on this option, the following page will open in front of you.
  • On this page, you will see the form to check the application status
  • You will have to fill out your application. No
  • After this, you should click on the button to check the status of your application. After this, the application status will open in front of you.

This scheme will also provide recognition and certification to skilled employees. This initiative recognizes the valuable contribution of those experts and ensures that their skills are formally recognized, allowing them to get entry to better possibilities and increase possibilities. Applicants may also be capable of getting a few certifications.