GovernmentCentral Verified 2025-11-09

PM Vishwakarma Yojana (PMVY)

Comprehensive support for artisans/crafts people ('Vishwakarmas'). Benefits include recognition, skill training, collateral-free credit (up to ₹1 Lakh/₹2 Lakh at 5% interest), and a Tool Kit Incentive (₹15,000).

Maximum benefit value

₹2 L

Eligibility

  • Artisans engaged in one of the 18 recognized traditional trades
  • Minimum 18 years of age
  • Must not have availed similar credit schemes (PMEGP/MUDRA) in the last 5 years
  • Family-based, micro-level activity

How to apply

Registration via Common Service Centres (CSCs). Vetting by Gram Panchayat/Urban Local Bodies.

Required documents

  • Aadhaar-linked Mobile Number
  • Bank Account details

Official sources

Verification notes

A large-scale scheme launched in 2023 focusing on the micro-sector artisans.