IMPORTANT NOTICE

This is an independent community awareness portal. It is NOT an official website of the Government of India or the Government of Maharashtra. All data is for informational purposes only.

Latest Updates:
🔥 PM Vishwakarma Scheme: Collateral-free loan up to ₹3 Lakhs open for artisans! 📌 New Update: Mudra Loan Scheme limit has been raised from ₹10 Lakhs to ₹20 Lakhs. 🎓 Maharashtra Skill Development Scheme: Free carpentry and vocational training batch registrations open. 💼 DIC Seed Money Scheme eligibility income limit raised to ₹8 Lakhs for unemployed youth.
Central Active

PM Vishwakarma Yojana (Central Sector Scheme)

Category: Skill Development
Launch Date: 17 September 2023
Last Updated: 10 June 2026
Information last verified on: 18 July 2026
Translation Assistant (Optional)
Translate long-form paragraphs into Marathi/Hindi using Google widget.

Scheme Overview

PM Vishwakarma Yojana is a premier Central Sector Scheme active in 2026, specifically designed to support traditional artisans and craftspeople of 18 trades, including carpenters (Suthar/Sutar) from the Vishwakarma community. The scheme aims to uplift carpenters under the Sutar Samaj government schemes. Core benefits include formal recognition through a PM Vishwakarma Certificate & ID Card, hands-on skill upgradation training (Basic 5-7 days, Advanced 15+ days) with a daily stipend of ₹500, a toolkit incentive of ₹15,000 (provided as an e-voucher for modern tools), and collateral-free enterprise development loans up to ₹3 Lakhs at a concessional 5% interest rate. Artisans also receive digital transaction incentives and extensive marketing support to expand their business.

Eligibility Criteria

  • An artisan or craftsperson working with hands and tools in one of the 18 family-based traditional trades, specifically including carpentry (Suthar/Sutar).
  • Minimum age of the beneficiary should be 18 years at the time of PM Vishwakarma registration 2026.
  • The beneficiary must be actively engaged in the trade and should not have availed loans under similar credit-linked schemes (e.g. PMEGP, PM SVANidhi, Mudra) in the last 5 years.
  • Registration and benefits are restricted to one member per family (husband, wife, and unmarried children).

Required Documents

  • Aadhaar Card
  • Mobile Number linked to Aadhaar
  • Bank Account Details (Passbook or Cancelled Cheque)
  • Caste / Category Certificate (for OBC verification)
  • Ration Card (mandatory for family structure verification)
  • Voter ID / PAN Card (if available)

Application Process

Important Note for Applicants:
To register for the Vishwakarma Yojana carpentry loan, you must carry your Aadhaar, Bank Details, and Caste Certificate to prepare for biometric validation.

Step-by-Step Application Process:
1. Visit your nearest Common Service Centre (CSC) for Aadhaar biometric verification and profile creation.
2. Complete the Aadhaar mobile OTP authentication.
3. Fill in the online registration form with trade, bank account, and family structure details.
4. Submit the registration. Details will be verified sequentially by the Gram Panchayat/ULB, District Implementation Committee, and Screening Committee.
5. Download your PM Vishwakarma Certificate and ID Card once approved.
6. Attend the Basic Training session to claim the ₹15,000 modern toolkit incentive e-voucher and apply for the collateral-free enterprise loan (Tranche 1: ₹1 Lakh, Tranche 2: ₹2 Lakhs).
Visit Official Website
Download PDF Guidelines

Scheme Updates & Changelog

10 Jun 2026 Interest subvention rate updated to 5% with collateral-free credit cap finalized at ₹3 Lakhs across two tranches.
24 Jan 2025 Integration of digital transaction incentives (₹1 per transaction up to 100 transactions monthly).
Share Scheme
Related Schemes
Central
Prime Minister's Employment Generation Programme (PMEGP)

PMEGP is a major credit-linked subsidy program aimed at generating self-employment opportunities through establishment of micro-enterprises in both rural and urban areas. Under the scheme, beneficiaries can set up manufacturing units up to ₹50 Lakhs and service sector units up to ₹20 Lakhs. The government provides subsidies ranging from 15% to 35% depending on category (General/Special) and location (Urban/Rural).

Central
Pradhan Mantri MUDRA Yojana (PMMY)

Pradhan Mantri MUDRA Yojana (PMMY) provides collateral-free loans up to ₹20 Lakhs (recently revised from ₹10 Lakhs) to non-corporate, non-farm small/micro enterprises. The loans are classified into three categories representing the stage of growth: Shishu (up to ₹50,000), Kishor (₹50,000 to ₹5 Lakhs), and Tarun (₹5 Lakhs to ₹20 Lakhs). This loan can be used for working capital, buying tools/machinery, and business expansion.

Central
MSME Udyam Registration

Udyam Registration is the official, free-of-cost registration portal for Micro, Small, and Medium Enterprises (MSMEs) in India. Getting registered provides an Udyam Certificate which acts as permanent proof of being an MSME. Registered enterprises become eligible for numerous benefits, including priority sector lending, collateral-free bank loans, lower interest rates, concessions on electricity bills, stamp duty exemption, and subsidies on patent registrations.