The PM Vishwakarma scheme was launched on 17 September 2023 for artisans and craftspeople engaged in 18 traditional trades. The scheme has a financial outlay of ₹13,000 crore for FY2023-24 to FY2027-28 and provides support through skill training, toolkits, credit, and market linkage measures.
Scheme Framework
PM Vishwakarma is a Central Sector Scheme for traditional artisans and craftspeople. It covers 18 trades, including carpentry, boat making, blacksmithing, hammer and tool kit making, locksmithing, goldsmithing, pottery, sculpting, stone carving, and basket making.
Training, Toolkit and Credit Support
By 15 September 2026, more than 24.37 lakh artisans had received basic skill training. The training period lasts 5 to 7 days and includes a daily stipend of ₹500. More than 18.16 lakh artisans had received modern toolkits, with an incentive of up to ₹15,000.
By 16 September 2026, more than 6.19 lakh collateral-free loans had been sanctioned under the scheme. The sanctioned loan amount was about ₹5,316 crore, and the interest rate was 5%.
Digital and Market Linkage Measures
By 16 September 2026, over 8.11 lakh beneficiaries had received digital incentives, with more than ₹42 crore disbursed. The scheme provides ₹1 for each eligible digital transaction, up to 100 transactions per month.
More than 12,000 artisans had been trained in the use of AI tools for branding, product design, packaging, and marketing. Over 30,000 beneficiaries had been onboarded on Government e-Marketplace, ONDC, Meesho, Amazon Fabindia, and Sulekha for market linkages.
Important Facts for Exams
- PM Vishwakarma was launched on 17 September 2023.
- The scheme covers 18 traditional trades and has an outlay of ₹13,000 crore.
- The daily stipend during basic skill training is ₹500.
- The digital incentive is ₹1 per eligible transaction, up to 100 transactions per month.
Implementation Status
As of 16 September 2026, the scheme had achieved its registration target of 30 lakh beneficiaries. The scheme is implemented as a Central Sector Scheme for traditional artisans and craftspeople across India.
