The Government introduced the PM Vishwakarma Yojana last year on Vishwakarma Jayanti, providing a loan facility alongside skill training and financial aid. This initiative supports aspiring entrepreneurs aiming to kickstart their businesses. In the initial phase, the scheme offers loans up to Rs 1 lakh.

New Delhi: The Government of India extends loans up to Rs 3 lakh to its citizens without the requirement of any guarantee. Prime Minister Narendra Modi launched the PM Vishwakarma Yojana to provide financial assistance along with skill training to citizens. The scheme, initiated last year on Vishwakarma Jayanti, caters to individuals aspiring to establish their businesses.

Eligibility and Loan Details:

Individuals engaged in specific trades such as carpentry, blacksmithing, goldsmithing, and others can apply.

Loans of up to Rs 1 lakh are available in the first phase, and in the subsequent phase, individuals can access loans up to Rs 2 lakh for business expansion.

Designated Trades:





Boat builders

Tool kit manufacturer

Stone breakers

Cobbler/shoe artisan

Basket/mat/broom makers

Doll and other toy manufacturers (traditional)


Pottery maker (potter)


Raj Mistri

Fish trappers



Garland makers

Key Points of the Plan:

Exclusive to Indian citizens.

Limited to the 18 trades outlined by Vishwakarma.

Applicant’s age should be between 18 and 50 years.

Possession of a recognized trade certificate is mandatory.

Applicants must belong to one of the 140 castes covered by the scheme.

Required Documents:

Aadhar card

Certificate of trade

PAN card

Identity card

Caste certificate

Bank passbook

Mobile number

Address proof

Passport size photograph

Application Process:

Visit the official website

Click on “Apply Online for PM Vishwakarma Kaushal Samman Yojana.”

Register for the scheme.

Receive registration details via SMS.

Fill out the form, scan, and upload the necessary documents.

Review and submit the information.

This scheme empowers individuals to pursue their entrepreneurial dreams by providing financial aid and skill development opportunities.

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