PM Vishwakarma is a central-sector scheme covering 18 traditional artisan trades including carpenters, blacksmiths, goldsmiths, potters, cobblers, tailors, and weavers. The scheme runs through FY 2027-28 with a total outlay of Rs. 13,000 crore.
Benefits include: a toolkit voucher of Rs. 15,000 for modern tools; enterprise loans in two tranches at a concessional interest rate of 5% (first tranche Rs. 1 lakh repayable in 18 months, second tranche Rs. 2 lakh repayable in 30 months); free skill training with a stipend of Rs. 500 per day; and a digital payments incentive of Rs. 1 per transaction (capped at 100 transactions per month).
Applicants must visit the nearest Common Service Centre (CSC) for Aadhaar biometric registration on the PM Vishwakarma portal at pmvishwakarma.gov.in. Persons who have availed PMEGP, PM SVANidhi, or MUDRA in the last five years are not eligible.