PM Vishwakarma Scheme Completes Three Years, Crosses 30 Lakh Registrations
On 17 September 2026 the Pradhan Mantri Vishwakarma Scheme completed three years of implementation, crossing 30 lakh registrations. The Ministry of MSME marked the anniversary at the Dhono Dhanyo Auditorium in Kolkata, West Bengal. The scheme gives end-to-end support to traditional artisans across 18 identified trades — skill training with a Rs 500 per day stipend, a Rs 15,000 toolkit incentive via e-voucher, and collateral-free Enterprise Development Loans of up to Rs 3 lakh in two tranches at a concessional 5% interest rate, supported by an 8% Government of India interest subvention. It is implemented jointly by MoMSME, MSDE and the Department of Financial Services.
PM Vishwakarma was launched on 17 September 2023, on Vishwakarma Jayanti | Nodal ministry: Ministry of Micro, Small and Medium Enterprises (MoMSME) | Co-implemented by MSDE and the Department of Financial Services under the Ministry of Finance