PMVVY Scheme: Avail a Loan at 5% Interest with Simple Steps

Traditional artisans and craftsmen play a vital role in preserving India’s heritage and supporting local economies. To strengthen their livelihoods, the Government of India launched the Pradhan Mantri Vishwakarma Yojana (PM Vishwakarma), a scheme designed to provide financial assistance, skill development, and modern tools to workers engaged in traditional occupations.
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The initiative is aimed at helping artisans become self-reliant, improve their income, and expand their businesses with easier access to credit and training.

Who Can Benefit?

The scheme is available for people involved in traditional trades, including:
  • Carpenters
  • Blacksmiths
  • Goldsmiths
  • Potters
  • Tailors
  • Masons
  • Barbers
  • Washermen
  • Cobblers
  • Sculptors
Eligible applicants can receive financial and technical support to improve their work and grow their businesses.


Key Benefits of PM Vishwakarma

The scheme offers much more than just loans. Beneficiaries receive comprehensive support to upgrade their skills and improve productivity.

Skill Training

Participants are provided with basic and advanced training programs to help them learn modern techniques and improve the quality of their work.