2024 PM Vishwakarma Yojana Scheme
The PM Vishwakarma Scheme, also known as the Modi 1 Lakh Loan Scheme, is a program created by the Indian Government to help artisans and craftsmen of the Vishwakarma community. It aims to provide support and upliftment to these individuals. If you belong to the Vishwakarma community and meet the registration eligibility criteria, you can apply online for the benefits of the PM Vishwakarma Scheme in 2024.
The scheme is designed to help traditional artisans in India. These artisans make things like furniture, tools, and jewelry. The scheme will give them financial help, training, and other support.
The scheme was created because traditional crafts are important to India’s culture and economy. These crafts are part of India’s heritage and they provide jobs for many people. However, traditional artisans face challenges like lack of money, limited markets, and competition from modern businesses. The scheme will help address these challenges.
Highlights of PM Vishwakarma Yojana Scheme 2024
The PM Vishwakarma Yojana is a new government scheme that aims to help small businesses. The scheme will provide funding and support to help these businesses grow and create jobs.
The government has allocated ₹13,000-15,000 crore for the implementation of the PM Vishwakarma Yojana.
The scheme is part of the government’s larger effort to improve the lives of citizens and boost the economy. Other schemes such as the PM Kisan Samman Nidhi Yojana, Jal Jeevan Mission, Ayushman Bharat Yojana, and Livestock Scheme have also been allocated significant funding.
The PM Kisan Samman Nidhi Yojana has disbursed ₹2.5 lakh crore to farmers, the Jal Jeevan Mission has been allocated ₹2,00,000 crore, and the Ayushman Bharat Yojana has spent ₹70,000 crore. The Livestock Scheme has received an investment of around ₹15,000 crore.
The objectives of the Vishwakarma Yojana Scheme are to:
- Promote training and skill development opportunities.
- Encourage the use of modern technology.
- Provide easy access to finance without collateral.
- Promote e-commerce.
- Create an environment for market linkages and branding activities.
PM Vishwakarma Yojana Scheme 2023 Benefits
The PM Vishwakarma Yojana offers a number of benefits to artisans and craftspeople, including:
- Financial assistance: Artisans can take loans of up to Rs. 1,00,000 at a low interest rate of 5%. This limit is increased to Rs. 2,00,000 in the second phase of the scheme.
- Skill development and training: The scheme provides training to help artisans improve their skills and expertise.
- Stipend support: During the training period, beneficiaries receive a daily stipend of Rs. 500.
- Tool kit assistance: Artisans can receive up to Rs. 15,000 to purchase tools and equipment.
- Marketing and promotion support: The scheme helps to promote traditional crafts and arts, both domestically and internationally.
- Official recognition: Participants receive a PM Vishwakarma Certificate and Identity Card, which acknowledges their participation in the scheme.
To apply for the PM Vishwakarma scheme, you must be an artisan or craftsman working in any of the 18 eligible trades.
- You must also be over 18 years old and not have any family members who are government employees.
- Only one member of a family can benefit from the scheme.
- Income limits may apply to ensure that the scheme benefits the economically weaker sections.
- Applicants must be residents of the area where the scheme is being implemented.
The following documents are required to apply online:
- Aadhaar card with address (or utility bill, rental agreement, or any other official document with address)
- PAN card
- Bank account passbook
- Educational qualification certificate
- Active mobile number
- Passport size photograph
Once you have the required documents, you can proceed to register and apply for the PM Vishwakarma scheme.
PM Vishwakarma Yojana Registration 2024
- If you are eligible for the program, you can fill out the PM Vishwakarma Yojana Registration Form.
- To complete the registration process, all interested applicants can visit https://pmvishwakarma.gov.in/
- You may need basic information such as your Aadhaar card, bank account number, and passbook, along with skill certificates and others for the registration process.
- Make sure you read all the instructions on the website and follow them to complete the registration process.
- After completing your registration process, it is advised that candidates check the beneficiary list to see if their names have been approved for PM Vishwakarma Yojana benefits.
Under the PM Vishwakarma Scheme, eligible beneficiaries can receive different incentives. The minimum amount is Rs. 15,000/- and the maximum amount is Rs. 1,00,000/-.