PM Vishwakarma Scheme: Support for Artisans in 18 Traditional Trades
Last updated: 2026-11-13 · MockMentor
PM Vishwakarma, launched on 17 September 2023, gives end-to-end support to artisans and craftspeople in 18 traditional trades who work with their hands and tools. It is a Central Sector Scheme with ₹13,000 crore till 2027-28, run jointly by the MSME Ministry, the Skill Development Ministry and the Department of Financial Services.
In one line: recognition, training, modern tools, cheap credit and market support for traditional artisans such as carpenters, potters and tailors.
At a glance
| Item | Details |
|---|---|
| Launched | 17 September 2023 |
| Outlay | ₹13,000 crore (to 2027-28) |
| Type | Central Sector Scheme |
| Who | Artisans in 18 trades, aged 18+, one per family |
| Recognition | PM Vishwakarma certificate and ID card |
| Toolkit | ₹15,000 e-voucher |
| Credit | Up to ₹3 lakh at 5% in two tranches |
Benefits
- Basic training: 5 to 7 days (40 hours), with a ₹500 daily stipend; advanced training of 15 days.
- Loans: ₹1 lakh first, then ₹2 lakh; borrowers pay 5% and the Government pays 8% subvention to banks; CGTMSE guarantee.
- Digital incentive: ₹1 per digital transaction, up to 100 a month.
- Marketing: quality certification, branding, e-commerce (ONDC, GeM) and trade fairs.
Who is not eligible
Government employees and their families, and those who took similar self-employment loans (PMEGP, PM SVANidhi, Mudra) in the past five years.
Possible exam questions
- How can traditional artisans be integrated into the formal economy? Assess PM Vishwakarma.
- Should welfare schemes be based on occupation? Discuss.
Complete notes in our courses: this page gives the essentials. The Super-Elite and Elite courses carry the full chapter with every update merged in, plus practice MCQs. Compare the courses.
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