PM Vishwakarma Yojana Benefits: Before you apply for any government scheme, it’s essential to check if you’re eligible, as those who don’t meet the criteria can’t apply. For instance, if you’re looking to apply for the Pradhan Mantri Vishwakarma Kaushal Samman Yojana, the first step is to verify your eligibility.
This scheme provides a range of financial benefits, but these are only accessible to individuals who enroll as beneficiaries. If you’re interested in applying for the PM Vishwakarma Yojana, make sure to check your eligibility first. So, let’s see who qualifies and who doesn’t.
What benefits does the PM Vishwakarma Yojana offer?
Once you join this scheme, beneficiaries receive a few days of preliminary training. During this training, you’ll learn advanced skills related to your work, and you’ll receive a daily stipend of Rs 500 while the training lasts. Additionally, you get Rs 15,000 to buy your toolkit. A loan is also provided at a low-interest rate to help you kickstart your business. Initially, you can get a loan of Rs 1 lakh, which has a repayment period of 18 months. You can also apply for an extra loan of Rs 2 lakh, which comes with a 30-month tenure.
Who are eligible to apply for the scheme?
- Cobblers/shoemakers, stone cutters, washermen and tailors
- Those who do blacksmith work, those who are boat builders, if you are a garland maker
- Fishing net manufacturers, hammer and toolkit manufacturers, locksmiths
- People who are masons, basket/mat/broom makers, doll and toy makers
- Barbers, those who cut hair, those who are weapon makers, stone carvers and those who are sculptors, all of them are eligible.