Route · /scheme/pmv
PMV
PM Vishwakarma
NationwideArtistsIndividualCentralCentral Sector SchemeMinistry Of Micro, Small and Medium EnterprisesOpen since 2023-09-17
myScheme’s own wording, reproduced in full. Where it is thin, that is the finding, and the completeness checks are below.
What this is
The scheme "PM Vishwakarma " by the Ministry of Micro, Small & Medium Enterprises, is a new scheme that envisages providing end-to-end holistic support to traditional artisans and craftspeople in scaling up their conventional products and services.
In detail
PM Vishwakarma is a Central Sector Scheme launched by Ministry of Micro, Small and Medium Enterprises to provide holistic and end-to-end support to artisans and craftspeople through access to collateral free credit, skill training, modern tools, incentive for digital transactions and market linkage support. The scheme will initially be implemented for five years up to 2027-28.
> Objectives
- To enable the recognition of artisans and craftspeople as Vishwakarma making them eligible to avail all the benefits under the Scheme.
- To provide skill upgradation to hone their skills and make relevant and suitable training opportunities available to them.
- To provide support for better and modern tools to enhance their capability, productivity, and quality of products.
- To provide the intended beneficiaries easy access to collateral-free credit and reduce the cost of credit by providing interest subvention.
- To provide incentives for digital transactions to encourage the digital empowerment of these Vishwakarmas.
- To provide a platform for brand promotion and market linkages to help them access new opportunities for growth.
> Implementing Agency
- The scheme is conjointly implemented by the following Ministries/Departments:
- Ministry of Micro, Small and Medium Enterprises (MoMSME).
- Ministry of Skill Development and Entrepreneurship (MSDE).
- Department of Financial Services (DFS), Ministry of Finance (MoF).
Who qualifies
- The applicant should be an artisan or craftsperson working with hands and tools.
- The applicant should be engaged in an unorganized sector on a self-employment basis.
- The applicant should be engaged in one of the 18 family-based traditional trades mentioned in the scheme.
- On the date of registration for the scheme, the minimum age of the applicant should be 18 years.
- The applicant should be engaged in the concerned trade on the date of registration.
- The applicant should not have availed loans under similar credit-based schemes of the Central Government or State Government for self-employment/ business development, e.g. PMEGP, PM SVANidhi, Mudra, in the past 5 years.
- The registration and benefits under the Scheme shall be restricted to one member of the family.
What you get
<br>
- Recognition: Recognition as Vishwakarma through Certificate and ID Card 1. Skilling:
- Skill Verification followed by 5-7 days (40 hours) of Basic Training
- Interested candidates can also enrol for 15 days (120 hours) of Advanced Training
- Training Stipend: ₹500/- per day.
- Toolkit Incentive: ₹15,000/- grant. 1. Credit Support:
- Collateral-free Enterprise Development Loans: ₹1,00,000/- (First Tranche for 18 months repayment) & ₹2,00,000/- (Second Tranche for 30 months repayment)
- Concessional Rate of Interest: 5% to be charged from the beneficiary with an Interest Subvention cap of 8% to be paid by MoMSME
- Credit Guarantee fees to be borne by GoI
- Incentive for Digital Transaction: ₹1/- per transaction for a maximum of up to 100 transactions (monthly) 1. Marketing Support: The National Committee for Marketing (NCM) will provide services such as Quality Certification, Branding and Promotion, e-commerce Linkage, Trade Fair Advertising, Publicity, and Other Marketing Activities.
> NOTE: Notification to beneficiaries on disbursement of incentives will be done through SMS.
Who is excluded
- A person in government service and their family members shall not be eligible.
Found elsewhere in government
Not published on myScheme · carried from another
government source, with the join score shown so it can be disputed
| Budget allocation | ₹3,861 cr for 2026-27
Central Sector
· Demand No. 68
· matched to budget line “PM Vishwakarma”
at 1.0 (strong) |
Union Budget, Expenditure Profile Statement 4B |
What it promises to deliver this year
Outcome Budget 2026-27, Output Outcome Monitoring Framework, p.197 · matched at
1.0 (strong)
| Indicator | Measure | Target 2026-27 |
|---|---|---|
| output 860.89 | 1. To enable the | 1.10 |
| output 2.1 | Number of beneficiaries | 600,000.00 |
| output 2.2 | Number of Beneficiaries | 150,000.00 |
| output 3.1 | Number of artisans / | 1,000,000.00 |
| output 1.4 | Number of OBC | 300,000.00 |
| output 1.5 | Number of | 5,000.00 |
| output 4.1 | Number of traditional | 1,000,000.00 |
| output 5.1 | Number of artisans / | 1,000,000.00 |
Indicator wording is the first line of a
wrapped cell in the source PDF; target values are complete. The framework carries
targets and no achieved-versus-promised column, for this scheme or any
other.
Why this is here and not above
myScheme publishes no budget figure for any scheme. This one comes from the Union
Budget Expenditure Profile and is joined by name, so it is shown apart from the
checks and never counted in them. A scheme’s launch date, likewise, exists in
its gazette notification whether or not the portal repeats it. The checks
above ask only whether this portal tells a citizen, which is a different
and narrower question.
Listed by Union BudgetDBT BharatmySchemeOutcome Budget
Documentation completeness
6 of 9 checks passed
Checks are about the record,
not about the scheme.
not about the scheme.
✓
Eligibility published here806 characters
✓
Benefit amount published hereamount or quantity stated
✓
Description more than a name248 characters
✗
Implementing agency published herefield absent from the record
✗
How to apply published hereno URL and no offline mode declared
✓
Start date published here2023-09-17
✗
End date published hereno end date recorded, so indefinite by omission
✓
Stored links well-formedall parse
✓
Not expired while still listedno end date
Something missing or wrong on this page?
This register only knows what four government sources publish. If you know where the
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Provenance
Every field above, and where it came from
| schemeName | PM Vishwakarma | myScheme · 2026-09-02 |
| schemeOpenDate | 2023-09-17 | myScheme · 2026-09-02 |
| schemeCloseDate | ... | not published at source |
| nodalMinistryName | Ministry Of Micro, Small and Medium Enterprises | myScheme · 2026-09-02 |
| dbtScheme | False | myScheme · 2026-09-02 |
| achievement data | ... | no source publishes this for any central scheme |