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Cabinet Approves Expansion of "PM Vishwakarma" Scheme to 23 Trades.

Government Schemes | Dated: 03 Dec 2025

The Union Cabinet has approved the expansion of the "PM Vishwakarma" scheme to include five additional traditional trades, bringing the total number of covered trades to 23. The new trades include Weavers, Jute Artisans, Brassware Makers, Idol Makers, and Silk Reelers. This move aims to provide end-to-end support to artisans and craftspeople.

🎯 Key Highlights:

  • Under the scheme, artisans receive collateral-free loans up to Rs 3 lakh at a concessional interest rate of 5%.
  • A stipend of Rs 500 per day is provided during skill training, along with a toolkit incentive of Rs 15,000.
  • The scheme has successfully registered over 50 lakh artisans since its launch in September 2023.

💡 Other Important Facts:

  • Scheme: PM Vishwakarma.
  • Total Trades: Expanded to 23.
  • Loan Limit: Rs 3 Lakh (Collateral-free).

📚 Test Your Knowledge:

What is the maximum loan amount available to artisans under the "PM Vishwakarma" scheme in two tranches?

Correct Answer: Rs 3 Lakh

🚀 Quick Recap:

About MSME Ministry

  • Minister – Jitan Ram Manjhi
  • MoS – Shobha Karandlaje