The Indian government runs various types of schemes for the economically weaker people of its country, whose aim is to help these people and improve their lifestyle, one such scheme is Pradhan Mantri Vishwakarma Yojana, which provides many benefits to eligible artisans and craftsmen, let us know the complete details of this scheme.

Benefits of Pradhan Mantri Vishwakarma Yojana

Training and Stipend: Participants get training in their respective crafts, as well as a stipend of ₹ 500 per day during this training period.

Initial Financial Assistance: On joining the scheme, beneficiaries are provided with an initial grant of ₹ 15,000. The purpose of this amount is to assist them in purchasing the necessary tools and equipment for their trade.

Loan Facilities:

Initial loan of ₹ 1 lakh.

An additional loan of ₹2 lakh, which is provided without any collateral and at a reasonable interest rate.

Eligibility Criteria

To avail of these benefits, individuals must meet specific eligibility criteria. The scheme is designed for various artisans and craftsmen, including:

Locksmiths and gunsmiths

Blacksmiths and goldsmiths

Doll and toy makers

Boat builders, carpenters and masons

Tool and hammer makers

Basket, mat, and broom makers

Cobblers and shoemakers

Stone carvers and fishing net makers

Stone breakers, barbers, washermen and tailors

If you belong to any of these categories, you may be eligible for benefits under the Pradhan Mantri Vishwakarma Yojana.