Benefits of the PM Vishwakarma Yojana: Training, Loan, Toolkit, etc.

Unveiled by Prime Minister Narendra Modi on September 17, 2023, the PM Vishwakarma Yojana marks a significant stride by the Indian Government in recognizing the immense potential and value of the ‘Vishwakarma’ community. This landmark initiative is a testament to the government’s commitment to empowering and uplifting this skilled workforce through a comprehensive array of benefits.

In this article, we delve into the details of the PM Vishwakarma Yojana, meticulously exploring its various advantages to its beneficiaries.

Beneficiaries of the PM Vishwakarma Yojana

In its initial phase, the PM Vishwakarma Yojana aims to uplift the families of traditional artisans and craftspeople who have carried forward the age-old ‘Guru-Shishya’ (master-disciple) tradition, encompassing 18 traditional trades. This ambitious scheme is designed to benefit an estimated 30 lakh individuals nationwide, thereby empowering a significant segment of the skilled workforce.

However, it is important to note that individuals who have availed of similar schemes within the last five years are excluded from receiving the benefits offered under this initiative, ensuring a reasonable allocation of resources.

Benefits of PM Vishwakarma Yojana

The PM Vishwakarma scheme isn’t just about financial aid; it’s a comprehensive package designed to empower and uplift traditional artisans and craftspeople. Let’s delve into the array of benefits that await those who join this transformative program:

1. Recognition and Pride: The Vishwakarma Certificate and ID Card

Imagine the pride of holding a certificate that officially recognizes your mastery of a traditional craft. The PM Vishwakarma scheme does just that, granting you a “Vishwakarma Certificate” and a unique “Vishwakarma ID Card.” These aren’t just pieces of paper; they’re symbols of your dedication, skill, and contribution to India’s rich heritage. Carry them with confidence into job interviews, exhibitions, or simply as a badge of honor.

2. Financial Boost: Collateral-Free Loans for Your Dreams

Starting or expanding a business often requires a financial push. The PM Vishwakarma scheme understands this and offers collateral-free loans of up to ₹1 lakh initially, with the potential to increase to ₹2 lakh. These loans come with a low interest rate and the backing of the government, making them an accessible and reliable way to fuel your entrepreneurial aspirations.

3. Sharpen Your Skills: Skill Upgradation and Training

Even the most experienced artisans can benefit from honing their skills and learning new techniques. This scheme offers free training programs, ranging from 5-7 days of basic skill enhancement to advanced courses lasting up to 15 days. As you learn and grow, you’ll also receive a daily stipend of ₹500, ensuring that your time and dedication are valued.

4. Toolkit Upgrade: A ₹15,000 Boost for Your Craft

Modern tools can significantly enhance the quality and efficiency of your work. Recognizing this, the PM Vishwakarma scheme provides a generous ₹15,000 toolkit incentive through direct bank transfer (DBT). This financial assistance empowers you to acquire the latest tools and equipment, enabling you to create even more exquisite pieces.

5. Embracing Digital: Incentives for Going Cashless

In today’s digital age, even traditional craftspeople can benefit from online transactions. The scheme encourages you to embrace digital payments by offering ₹1 for every transaction, up to 100 transactions per month.

6. Marketing Power: Reaching a Wider Audience

Creating beautiful crafts is just the first step; getting them in front of the right audience is equally important. The scheme allocates a substantial ₹250 crore budget for marketing support, ensuring your creations receive the recognition they deserve. This includes:

  • Design and packaging assistance to make your products more appealing.
  • Brand building to establish your unique identity in the market.
  • Publicity and advertising to showcase your work to a larger audience.
  • Online and offline promotion through platforms like GeM, Khadi India, MSME Mart, and ONDC.
  • Quality certification to assure buyers of your product’s excellence.
  • Participation in trade fairs and exhibitions to connect with potential customers.

The PM Vishwakarma scheme is more than just a government program; it’s a movement to celebrate, support, and elevate India’s artisans and craftspeople. By joining this scheme, you’re not just reaping individual benefits; you’re becoming part of a larger community working to preserve and promote India’s rich cultural heritage.

List of Traders who are Covered Under PM Vishwakarma Scheme

The PM Vishwakarma scheme celebrates and supports the artisans who keep India’s traditional crafts alive. Here’s a breakdown of the diverse trades covered under this initiative:

Woodworking Wonders

  • Carpenter (Suthar): Masters of wood, crafting furniture, doors, windows, and more.
  • Boat Maker: Building vessels that navigate rivers and seas, carrying stories and traditions.

Metalworking Maestros

  • Armourer: Forging protective gear that has safeguarded warriors throughout history.
  • Blacksmith (Lohar): Shaping iron and steel into tools, weapons, and everyday objects.
  • Hammer & Tool Kit Maker: Crafting the very instruments that empower other artisans.
  • Locksmith: Ensuring security and safeguarding valuables with intricate locking mechanisms.
  • Goldsmith (Sonar): Transforming precious metals into intricate jewelry and ornaments.

Earthly Creations

  • Potter (Kumhaar): Shaping clay into vessels that hold food, water, and cultural significance.
  • Stone Carver (Moortikar), Stone Breaker: Sculpting and shaping stone into art, idols, and architecture.

Leatherwork Legacy

  • Cobbler (Chamkar/Shoesmith), Footwear Artisan: Crafting footwear that protects and adorns feet.

Building Foundations

  • Mason (Rajmistri): Constructing homes, temples, and structures that stand the test of time.
  • Basket/Mat/Broom Maker/Coir Weaver: Weaving natural fibers into practical and beautiful items.
  • Doll and Toy Maker (Traditional): Creating playthings that spark joy and imagination in children.
  • Barber (Naai): More than just haircuts; shaping styles and maintaining cultural grooming traditions.
  • Garland Maker (Malakaar): Stringing together flowers and leaves to create offerings and adornments.
  • Washerman (Dhobi): Ensuring cleanliness and hygiene through the art of laundry.
  • Tailor (Darzi): Stitching fabrics into garments that reflect personal style and cultural identity.
  • Fishing Net Maker: Providing tools for sustenance and livelihoods through the craft of net weaving.

Empowering Tradition, Embracing the Future

By recognizing and supporting these 18 diverse trades, the PM Vishwakarma scheme aims to strengthen India’s artisanal backbone. It’s a testament to the government’s commitment to preserving cultural heritage while empowering craftspeople to thrive in the modern world.