PM Vishwakarma: Strengthening Traditional Artisans and Craftspeople

The PM Vishwakarma scheme, launched on 17 September 2023, is a Central Sector Scheme with an outlay of ₹13,000 crore for FY2023-24 to FY2027-28. It is designed to provide end-to-end support to traditional artisans and craftspeople belonging to 18 notified family-based trades in the unorganised sector. Built around the pillars of Samman, Samarthya, and Samriddhi, the scheme encompasses recognition via certificates and ID cards, skill upgradation training with daily stipends, modern toolkits up to ₹15,000, collateral-free enterprise development loans up to ₹3 lakh at a 5% concessional interest rate, digital transaction incentives, and extensive marketing support. As the scheme approaches its third anniversary, its initial registration target of 30 lakh beneficiaries has been achieved, with significant disbursements in training, toolkits, credit, and digital enablement recorded alongside formalisation through the Udyam Assist Platform.