PM Vishwakarma Scheme: Turning Traditional Skills into Sustainable Livelihoods

September 17, 2025 11:35 AM

PM Vishwakarma Scheme: Turning Traditional Skills into Sustainable Livelihoods

Over the last two years, the PM Vishwakarma Scheme has begun transforming the lives of traditional artisans and craftsmen by providing them with recognition, training, tools, credit, and market access. Launched on 17 September 2023, with a financial outlay of ₹13,000 crores for FY 2023-24 to FY 2027-28, the scheme is implemented jointly by the Ministry of Micro, Small & Medium Enterprises (MoMSME), the Ministry of Skill Development & Entrepreneurship (MSDE), and the Department of Finan...

30 lakh artisans join PM Vishwakarma Scheme in two years; 4.7 lakh loans worth ₹41,188 crore approved

September 17, 2025 11:21 AM

30 lakh artisans join PM Vishwakarma Scheme in two years; 4.7 lakh loans worth ₹41,188 crore approved

Around 30 lakh artisans and craftsmen have registered under the PM Vishwakarma Scheme in the last two years, with over 4.7 lakh loans amounting to ₹41,188 crore sanctioned to support business development activities, the government has announced. Nearly 26 lakh beneficiaries have completed skill verification, of which 86 percent have successfully finished their basic training. Raajmistri (mason) is currently the most registered trade under the scheme. The PM Vishwakarma Scheme, launched on Se...