PM Vishwakarma Yojana Documents And Benefits Explain (2023-24)

PM Modi launched a new scheme on the 77th Indian Independence Day (Vishwakarma Yojana | Pm Vishwakarma Scheme). This scheme will mean that people will be able to start their business and also those who have an existing business can expand their business.

PM Modi Yojana says that this scheme is the biggest scheme till date and its budget has been kept at ₹13000 Crores. Just a few days ago, the meeting of the Union Cabinet was held in Jalhi. Due to this scheme, 30 lakh people have got the opportunity to start their business.

Read in Hindi: विश्वकर्मा योजना की जानकारी

Required Vishwakarma Yojana Documents

If you want to apply for this scheme then you require some important documents.

Who will get the benefits of this scheme?

• Carpenter
• Boat Maker.
• Armourer
• Blacksmit
• Locksmith
• Hammer & Toolkit Maker
• Sculptor.
• Stone Breaker.
• Goldsmith.
• Potter
• Cobbler
• Masons.
• Basket and broom Maker.
• Doll & Toy Maker.
• Barber
• Garland Maker
• Washerman
• Tailor
• Fishing Net Maker

Pm Vshwakarma Scheme Explained in Short Table

Scheme Name	Vishwakarma Samman Yojana
Launched By	PM Modi
Launch Date	October 2023
Purpose	Facilitating new business startups and expansion of existing businesses
Budget Allocation	₹13 Thousand Crores
Launch Venue	Jalhi
Beneficiaries	30 lakh people
Collaborators	Central Government, State Government
Required Documents	Aadhar card, Voter ID card, PAN card, Domicile certificate, Passport size color photograph, Work-related documents, Bank account details, Income certificate, Caste certificate (if applicable), Phone number, Email ID
Identification Documents	One document from Aadhar card, Voter ID card, or PAN card, along with passport-size photographs
Training Hours	40 hours
Daily Allowance	₹500 per day for 7 to 8 days
Toolkit Grant	₹15,000
Loan Details (First Installment)	₹1 lakh, repayable in 18 months, 5% interest if paid on time
Loan Details (Second Installment)	₹2 lakh, available at 5% interest if monthly payment of ₹30 is made
Special Note	Bank initially proposed 8% interest, but MoMSME ensured 5% interest
Additional Benefits	Certificate and ID card for Vishwakarma Yojana participants

You will be asked for any one document from an Aadhar card, Voter ID card, and PAN card which will be useful for your identification. And some passport-size photographs will be required from you.

If you want money to come into your account, you need a Bank account number and something else that tells you your income.

This scheme has been jointly launched by the Central Government and the State Government, so you may need and require a Domicile Certificate, and some details like an Income certificate, Caste certificate Email, Mobile number, etc.

Vishwakarma Yojana Benefits

The government will provide you with 40 hours of skill training and at the same time you will get 500 rupees per day for 7 to 8 days.

You will get a toolkit worth 15000 grant.

First Installment: The government will give you Rs 1 lakh in the first installment which you have to repay in 18 months. If you pay Rs 1 lakh then you will have to pay only 5% interest.

Second Installment: You will get Rs 2 lakh in the second installment and if you pay Rs. 30 per month, this loan will be available at 5% interest only. This has never happened before and the bank has not agreed to give 5% interest but MoMSME Paid 8% Interest bank.

Lastly, you will get a certificate and ID card for the Vishwakarma Yojana.

FAQ’s

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