If you are also associated with traditional crafts or handicrafts, then this news is for you. The Prime Minister Vishwakarma Yojana of the Central Government is an important initiative to empower small artisans and handicraftsmen economically and socially.
It is often seen that despite their art and skill, artisans like carpenters, blacksmiths, goldsmiths, potters, tailors, or cobblers continue to struggle with financial problems. This scheme gives them an opportunity to hone their skills and increase their income by providing financial assistance, modern equipment, and training. Let us know how you can take advantage of this scheme.
Who will get the benefit of the PM Vishwakarma Yojana
PM Vishwakarma Yojana benefits those who are traditionally associated with craftsmanship or handicrafts. It includes many types of professionals, such as:
- Carpenter
- Blacksmith
- Goldsmith
- Mason
- Barber
- Washerman
- Weaver
- Gardener
- Cobbler
- Potter
- Tailor
- Toy Maker
- Boat Maker
- Lock Maker
- Sculptor
- Fisherman’s Net Maker
The government’s goal is to keep these traditional arts alive even in modern times and make these artisans self-reliant. If you are also associated with any one of these professions, then you can avail the benefits under this scheme.
Tremendous benefits of the scheme
Under the PM Vishwakarma Yojana, beneficiaries get many facilities:
Training
First of all, the artisans are given training for 15 days so that they can further improve their skills. During this training, they also get a stipend (allowance) of ₹ 500 per day.
Assistance to buy modern equipment
After completion of the training, the artisans are given financial assistance of ₹ 15,000 to buy modern equipment for their work.
Interest-free loan
They also get a collateral-free (without guarantee) loan of up to ₹ 1 lakh to expand their business, on which the government gives a subsidy of 8%. This loan is for a period of 18 months. The second-phase loan is up to ₹ 2 lakh, for which a subsidy is also available.
Incentive for digital transactions
They also get an incentive of ₹ 100 every month for doing digital transactions.
How to apply
Application for this scheme can be done online. First of all, you have to register yourself by visiting https://pmvishwakarma.gov.in/. Aadhaar card, identity card, and documents related to the profession will be required at the time of registration. After the application process is completed, the documents will be verified. If everything is found correct, the facilities related to the scheme will be made available to the beneficiary. In this way, artisans can become financially strong by using their art and skills and get new employment opportunities.