Various schemes are run by both state and central governments to aid the needy and impoverished in urban and rural areas. One such initiative by the central government is the Pradhan Mantri Vishwakarma Kaushal Samman Yojana ( PMVY ). This scheme supports individuals in 18 traditional trades, providing them with several benefits. But what exactly is PM Vishwakarma Yojana? Are you eligible for it? What benefits does it offer? Let’s explore these aspects in detail.
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Benefits of Joining PM Vishwakarma Yojana
1. Training and Stipend: Participants receive specialized training and a daily stipend of Rs 500 during the training period.
2. Toolkit Provision: Beneficiaries are given Rs 15,000 to purchase necessary toolkits for their trade.
3. Low-Interest Loans: The scheme offers an initial loan of Rs 1 lakh and an additional loan of Rs 2 lakh, both at low-interest rates and without any collateral requirements.
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Who is Not Eligible for the Scheme?
Certain individuals cannot avail of the benefits of this scheme. These include:
- Taxpayers
- Beneficiaries of the Employee State Insurance Corporation (ESIC)
- Government employees
- Financially well-off individuals
- Individuals with Provident Fund (PF) deductions
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Eligibility Criteria for PM Vishwakarma Yojana
To join the PM Vishwakarma Yojana, you must meet specific eligibility criteria. The following trades are covered under this scheme:
- Sculptors
- Basket, mat, and broom makers
- Weapon makers
- Doll and toy makers
- Barbers (hair cutters)
- Garland makers
- Washermen
- Tailors
- Fishing net makers
- Masons
- Boat makers
- Lock makers
- Stone carvers
- Goldsmiths
- Blacksmiths
- Stone breakers
- Hammer and toolkit makers
- Cobblers/shoemakers
If you belong to any of these professions, you are eligible to apply for the PM Vishwakarma Yojana and avail of its benefits.
By participating in this scheme, individuals in these traditional trades can enhance their skills, receive financial assistance, and improve their overall livelihoods. The PM Vishwakarma Yojana is a significant step towards supporting artisans and craftsmen, ensuring they continue to thrive in their respective trades.
