Vishwakarma Shram Samman Yojana 2.0 Overview
The Vishwakarma Shram Samman Yojana 2.0 is designed to support traditional artisans and craftspeople in improving their livelihoods and standards of living. The scheme promotes socio-economic development through skill training, access to essential resources, and financial stability, enhancing their craftsmanship and expanding livelihood opportunities.
Key Benefits of the Scheme
The scheme offers three major benefits for registered applicants:
- Skill Training: Training in traditional crafts and vocational skills with free, practical, and non-residential training for 10 days. Trainees receive daily financial assistance transferred directly via DBT.
- Advanced Toolkit: Free modern toolkit support up to ₹15,000 provided after successful completion of training.
- Margin Money Loan: Interest-free loan assistance up to ₹10 Lakh to start or expand a business, backed by a 15% margin money subsidy.
Eligible Trades
The scheme covers 25 trades divided into three categories:
- 11 Existing Traditional Trades: Carpenter, Tailor, Potter, Blacksmith, Barber, Mason, Goldsmith, Basket Weaver, Confectioner, Cobbler, and Halwai.
- 5 Newly Added Traditional Trades: Sculptor, Garland Maker, Milkman, Roasted-Gram Artisan, and Fisherman.
- 9 Modern Vishwakarma Trades: Mobile Phone Repair, Automobile Repair, Electronic Appliance Repair, Electrical Equipment Repair, Plumber, Computer Repair, Solar Installation, Digital Photography, and Beauty and Wellness.
Eligibility Conditions
Applicants must meet specific criteria to qualify:
- Must have completed or be undergoing training under the scheme.
- The proposed enterprise must relate to the applicant's eligible trade, backed by a certificate from the competent authority.
- Must not be in default with any nationalised bank, financial institution, or government organisation.
- Must not have previously received benefits under any other subsidy scheme of the Central or State Government.
Beneficiary Contribution
- General Category Male Applicants must deposit 10% of the project cost with the bank.
- Other Eligible Categories (male and female applicants belonging to other categories, transgender persons, persons with disabilities, and ex-servicemen) are required to contribute only 5% of the project cost.
How to Apply
Applicants can contact their nearest Common Service Centre (CSC), Gram Panchayat, or Urban Local Body Office to get more information and submit their applications.
Eligibility
- Must have completed or be undergoing training under the Vishwakarma Shram Samman Yojana
- Proposed enterprise must be related to the applicant's eligible trade with a valid certificate
- Must not be in default with any nationalised bank, financial institution or government organisation
- Must not have previously received benefits under any other subsidy scheme
Selection Process
- Training enrollment and completion
- Verification of enterprise trade eligibility
- Bank project cost contribution approval
How to Apply
- Visit the nearest Common Service Centre (CSC), Gram Panchayat, or Urban Local Body Office
- Submit required details and enterprise documents
- Complete the mandatory training program
- Deposit the applicable beneficiary contribution with the bank
Frequently Asked Questions
What is the duration of the skill training under Vishwakarma Shram Samman Yojana 2.0?
The training is a free, practical, and non-residential program for a total duration of 10 days.
What is the value of the advanced toolkit provided after training?
A free advanced toolkit worth up to ₹15,000 is provided after successful completion of training.
What is the maximum loan amount available under the Margin Money Loan facility?
The maximum eligible project cost under the loan facility is up to ₹10 Lakh, featuring 0% interest and a 15% margin money subsidy.
How much beneficiary contribution is required for General Category Male Applicants?
General Category Male Applicants must deposit 10% of the project cost with the bank.
Where can candidates apply or get more information about the scheme?
Candidates can contact their nearest Common Service Centre (CSC), Gram Panchayat, or Urban Local Body Office.
Official Links
Details are compiled from official notices. Always confirm eligibility, dates and fees on the official website before applying. Jankari Portal never charges any fee.