PM Vishwakarma Yojana Payment Apply Now: ₹15,000 Grant for Artisans

The government has initiated PM Vishwakarma Yojana for the traditional artisans and craftsmen with financial and technical assistance. This drive is specifically intended to support those engaged in different conventional vocations including carpentry joinery, dressing and cutting, weaving, and iron forging. In this regard, the artisans are provided grants in their bank accounts and are also provided with skill development programmes to improve their skills.

PM Vishwakarma Yojana : Overview & Benefits

The main purpose of the scheme is to empower the artisans make them independent through provision of financial support and training. Independent artisans in sectors concerning traditional crafts are now able to get funds about up to ₹15,000 for procuring necessary tool kits. In addition, the government is providing ₹500 per day in the stipend during their training period so they can work for good companies and gain new experiences.

Payments made and how to verify

EAM Jaitley has said that the PM Vishwakarma Yojana payments have begun and have been credited to the beneficiary bank accounts. If you are already given an application on this scheme, you have the ability to check your payments online. Continue to the official website, navigate to the section called “Know Your Payment Status” and input the account number and captcha. In addition, you shall receive an OTP, by use of which you can be able to check on the status of the payment.

Need for Training and Resources

It is in the light of this that artisans under the scheme are trained for 5 to 15 days as the case maybe. This training empowers them with new tools and knowledge thus making them proper in their individual working areas. Besides, the students are given ₹500 for per day expense along with ₹15,000 for the toolbox. This financial support enables them to renew their tools and in a way grow their businesses efficiently.

Toolkit Purchase Process

The artisans are being provided ₹15,000 by the government to directly deposit the amount into the artisans’ bank accounts to purchase the said toolkits. Apart from this, the artisans can also borrow concessional loans in order to upscale their ventures or enhance production.

Major Components of PM Vishwakarma Yojana

• ₹15,000 Financial Support: For buying basic tool chests they may require in their line of work.
• Training Program: A one time training session which may last for 5-15 days with a reimbursement rate of 500 rupees per day.
• Low-interest Loans: This means that artisans can obtain loans with a lower interest rate so as to improve their business.
• Toolkit Assistance: Money for purchasing better utensils to improve their work.

How to apply and check the status of your application.

• Visit the official website.
• Choose ‘Know Your Payment Status. ’
• Write your account name and captcha pass.
• In this case, you receive the OTP, then type it and check the status of your payment.