PM Vishwakarma Yojana 2024: ₹500 per day, Free Training And Loan Up to Rs 3 lakh at 5% interest

pm vishwakarma

PM Vishwakarma Yojana 2024 was launched by the Central Government. The scheme is working to bring the Vishwakarma community to a level where all more than 140 castes can avail of that caste. In this project, The government is dedicated to providing credit and support services. at low interest rates to the people of the Vishwakarma community make life easier and enable them to achieve their goals.

Individuals meeting the criteria specified above can apply to this scheme without difficulty through the web portal. Thus, the mode of application will be easy. The Pradhan Mantri Vishwakarma Yojana, on the basis of financial assistance, will be working towards developing the community and will enable it to initiate economic development and growth. The scheme, while looking at the upliftment of living standards of the beneficiary, does not just emphasize that aspect alone. It also serves as an aim towards the development of skills and job availability among Vishwakarma communities.

Pradhan Mantri Vishwakarma Yojana Overview

Naming List Pradhan Mantri Vishwakarma Yojana 2024
Scheme NamePM Vishwakarma Yojana 2024
BeneficiariesAll communities of people belonging to Vishwakarma
Application Mode Online/ Offline
Objective The scheme aims at availing free of cost skill training and loans for employment
Who Can Apply? All the craftsmen or artisans of the country
BudgetProvision of budget amounting to Rs 13000 crore
DepartmentMinistry of Micro, Small & Medium Enterprises

The Pradhan Mantri Vishwakarma Yojana, introduced by Prime Minister

Narendra Modi had announced this wonderful scheme for the Vishwakarma community on 1st February 2023. Under this scheme, free learning content in thousands of counts is being prepared. This will assist them in garnering precious knowledge. One of the training scopes is that the government will provide a daily stipend of ₹500 to the trainees. It will help them train effectively. They will also be granted a one-time financial support of ₹ 15,000, that will be directly available in the bank account, allowing them to buy the necessary

This would enable the participants to equip their ventures. Loans up to ₹ 3 Lakhs may be arranged at an interest rate of up to 5% so that participants can begin with their venture. This fund is split up into two parts; one pre-installment of ₹ 1 lakh and the other ₹ 2 hundred thousand, which will be provided alongside the second installment. This, too, would ensure entrepreneurship in the community.

Objective of Pradhan Mantri Vishwakarma Yojana 2024

Pradhan Mantri Vishwakarma Yojana targets that castes which do not get their due benefits in economical schemes. The scheme trains the artisans of the Vishwakarma community properly in their working field and gives a low rate of interest loan to them to start a venture.

 Benefits of Pradhan Mantri Vishwakarma Yojana 2024

  • Out of these 140 plus castes will be able to avail the benefits.
  • The loans for 18 traditional enterprises will be sanctioned by the government.
  • Rs 13,000 crore has been sanctioned for this scheme
  • Certificates and ID cards will be issued to the craftsmen under the scheme that will give them a new identity.
  • The people belonging to the Vishwakarma community will start their own businesses with the help of training and financial support.
  • Under this scheme, a loan of ₹ 3 lakh will be available at 5% interest.

Eligibility for Pradhan Mantri Vishwakarma Yojana 2024

  • Over 140 castes of Vishwakarma community will be eligible under this scheme.
  • The caste certificate along with the identity card is also necessary for the applicant.
  • Only Indian citizens will benefit by the Vishwakarma Yojana.
  • The applicant must be a craftsman or skilled artisan.

PM Vishwakarma Yojana Documents Required Identity card

  • Mobile number
  • Caste certificate
  • Residence certificate
  • Passport size photo
  • Bank account passbook
  • Aadhar card and PAN card
  • Email ID and mobile number

How to apply online in PM Vishwakarma Yojana? (PM Vishwakarma Yojana 2024 Online Apply)

  •  Firstly go the PM Vishwakarma Yojana official website.
  •  On the home page, click on the ‘Apply’ button.
  •  Login by user ID and password
  •  Verify the form by entering mobile and Aadhaar number in the application form.
  •  All the required documents must be uploaded.
  •  Now, download the PM Vishwakarma Certificate.

How to check PM Vishwakarma Yojana application status? – PM Vishwakarma Yojana 2024 Status Check

How to do CSC login in PM Vishwakarma Yojana?

Go to the very official website of the scheme from the beginning.

 Now, click on the provided link of ‘CSC User Login’ and use your User ID as well as password.

The scheme of Pradhan Mantri Vishwakarma Yojana 2024 would provide an excellent opportunity for all those artisans or craftsmen struggling hard to achieve identification and economical security. They would be able to raise their skills significantly and become self-sufficient under these facilities being provided through this scheme.

Conclusion

The Pradhan Mantri Vishwakarma Yojana 2024 is a major social measures that are directed at improving the status of the Vishwakarma community and supplying them with the necessary instruments which will allow them to become financially independent as well as improving their skills. The scheme provides free training, daily allowances, and affordable loans, factor that caters for over 140 castes that form this particular community.

This ₹13,000 crore budget shows the government does not only provide finances, but also assist artisans to turn into entrepreneurs and earn sustainable incomes. The extension of certificates and identity cards will also mean that craftsmen will be easily identified which will help in the emulation of pride for their work.

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