The government continues to introduce various schemes aimed at empowering citizens and addressing their challenges. One such initiative is the PM Vishwakarma Kaushal Samman Yojana , which offers low-interest loans of up to Rs 3 lakh to support artisans and craftsmen in becoming self-reliant. Here’s a detailed look at this scheme and how you can benefit from it.
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Understanding the PM Vishwakarma Yojana
The PM Vishwakarma Kaushal Samman Yojana, also known as Vishwakarma Shram Samman Yojana, is a flagship initiative by the Indian government . With over 2 crore 8 lakh applicants to date, this scheme facilitates loans up to Rs 3 lakh at a mere 5% interest rate. A whopping Rs 13,000 crore has been allocated to this program, underscoring its significance and reach.
# Key Benefits of the SchemeFree Registration and Certification: Artisans and craftsmen receive a PM Vishwakarma certificate and ID card upon registration, which is free of cost.Comprehensive Training and Financial Aid: Registered individuals are offered training sessions, followed by a grant of Rs 15,000 to purchase necessary tools.Staged Loan Disbursement: Initially, beneficiaries can avail a loan of Rs 1 lakh at 5% interest. If further funding is required, an additional Rs 2 lakh can be accessed in the second installment.
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# Step-by-Step Guide to Online Registration
To take advantage of this scheme, follow these simple steps for online registration:Visit the Official Website: Go to PM Vishwakarma Yojana.Register Your Details: Use your mobile number and Aadhaar card to register.OTP Authentication: Verify your mobile number and Aadhaar through OTP.Complete the Registration Form: Fill in your name, address, and business-related information.Download Certificates: Post registration, download your digital ID and Vishwakarma Yojana certificate.Login and Apply: Log in to the portal and apply for various scheme components, uploading the required documents.Submit and Await Verification: Submit your application for review. Once verified by officials, you will be eligible to receive the loan.
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# Eligibility Criteria
To qualify for the PM Vishwakarma Scheme:
- You must be an Indian citizen aged between 18 and 50 years.
- Government employees are not eligible.
- This scheme is targeted at individuals working in specific trades and crafts.
This initiative is designed to uplift artisans and craftsmen by providing them with the necessary financial support and training. By facilitating easy access to affordable loans, the PM Vishwakarma Kaushal Samman Yojana aims to foster self-reliance and entrepreneurship among skilled workers across the nation.
