PMVY: In the PM Vishwakarma Kaushal Samman Yojana, numerous schemes offer financial benefits, while various schemes provide subsidies. Conversely, numerous programs exist through which certain items are provided. In this scenario, if you qualify for the Pradhan Mantri Vishwakarma Kaushal Samman Yojana, you can take advantage of enrolling in this program. Under this plan, various kinds of financial assistance are provided while simultaneously efforts are made to enhance the beneficiaries’ work skills. So let’s understand the advantages that beneficiaries receive upon enrolling in the PM Vishwakarma Yojana.
Daily allowance of Rs 500
Individuals participating in the PM Vishwakarma Yojana receive training for several days, and during this training period, they are entitled to a daily allowance of Rs 500. In addition to this, there is a provision for offering incentives as well. Recipients are also provided with Rs 15,000 to purchase the toolkit. In addition to these advantages, this scheme also includes a provision for providing loans, which are offered at reasonable interest rates and without any collateral. Initially, a loan of one lakh rupees is provided for a limited period that must be repaid by the designated deadline. Subsequently, you receive an extra loan of two lakh rupees.
Within 10 days of launch, PM Vishwakarma Scheme recieves a whopping 1.4 lakh applications.
Each individual will get ₹15,000 to buy tools, fin assistance of ₹3 lakh, 5 day training with ₹500/day stipend
Bonus, an ID Card that adds dignity to their profession👇 pic.twitter.com/GwCu0ZCOOO
— Karthik Reddy (@bykarthikreddy) September 30, 2023
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Who are eligible for the scheme?
- those who carve stone
- blacksmiths
- locksmiths
- who are weapons holders
- Fishing Net Manufacturer
- a sculptor
- stone breakers
- washerman and tailor
- Hammer and Toolkit Manufacturer
- boat builders
- Cobblers/Shoemakers
- a barber
- a garlanded
- Basket/Mat/Broom Makers
- a mason
- a goldsmith
- doll and toy manufacturer.