Executive Summary:
This document provides the Ministry of Micro, Small and Medium Enterprises' response to Lok Sabha Unstarred Question No. 3132 regarding the PM Vishwakarma Yojana, specifically addressing loan disbursement to Scheduled Tribes, interest rates, and initiatives in the Banswara Lok Sabha Constituency. The scheme launched on September 17, 2023, aims to support artisans and craftspeople through collateral-free Enterprise Development Loans. The response details loan distribution, interest rate policies, and awareness initiatives undertaken.
Key Points / Main Content:
PM Vishwakarma Yojana Overview:
* Launched on September 17, 2023, to support artisans and craftspeople in 18 traditional trades.
* Provides end-to-end support to beneficiaries working with their hands and tools.
Loan Details:
* Offers collateral-free Enterprise Development Loans at a concessional fixed interest rate of 5.
* Provides total loan assistance of Rs. 3 lakhs in two tranches.
* First loan tranche: Up to Rs. 1 lakh with an 18-month repayment tenure.
* Second loan tranche: Up to Rs. 2 lakhs, available after repayment of the first tranche.
* The 5 interest rate is uniform for all beneficiaries, including those from Scheduled Castes and Scheduled Tribes.
* The Government of India contributes an interest subvention of 8.
* Loan coverage is secured under the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) on a portfolio basis.
Awareness and Outreach Initiatives:
* The Ministry of MSME has conducted awareness programs, workshops, trade fairs, and exhibitions across the country.
* Includes 47 awareness programs/camps, 2 workshops, 3 trade fairs, and 1 state-level exhibition in Rajasthan.
* Awareness is also created through social media, radio jingles, newspaper advertisements, and outdoor publicity.
Loan Disbursement Details (Dungarpur, Banswara, Pratapgarh Districts):
* Banswara: General (53 beneficiaries, Rs. 50.44 Lakhs), OBC (308 beneficiaries, Rs. 287.16 Lakhs), SC (76 beneficiaries, Rs. 66.72 Lakhs), ST (412 beneficiaries, Rs. 347.44 Lakhs).
* Dungarpur: General (48 beneficiaries, Rs. 46.00 Lakhs), OBC (385 beneficiaries, Rs. 367.20 Lakhs), SC (35 beneficiaries, Rs. 29.10 Lakhs), ST (141 beneficiaries, Rs. 129.28 Lakhs).
* Pratapgarh: General (26 beneficiaries, Rs. 23.95 Lakhs), OBC (329 beneficiaries, Rs. 295.74 Lakhs), SC (41 beneficiaries, Rs. 36.00 Lakhs), ST (80 beneficiaries, Rs. 62.55 Lakhs).
Impact Analysis:
Artisans and Craftspeople (PM Vishwakarma Beneficiaries):
* Impact: Access to collateral-free loans at a 5 interest rate to support their traditional trades.
* Action Required: Avail loan tranches, repay loans within specified tenures, and participate in awareness programs to understand scheme benefits.
Scheduled Castes and Scheduled Tribes:
* Impact: Entitled to the same loan benefits (interest rate and loan amounts) as other categories under the PM Vishwakarma Yojana.
* Action Required: Apply for loans under the scheme and utilize available resources for skill enhancement and business development.
Ministry of MSME:
* Impact: Responsible for implementing and monitoring the PM Vishwakarma Yojana and conducting awareness initiatives.
* Action Required: Continue conducting awareness programs, workshops, and exhibitions; ensure effective loan disbursement and monitoring; and maintain awareness through various publicity channels.
Key Entities Referenced
PM Vishwakarma Yojana: A scheme to provide end-to-end support to artisans and craftspeople of 18 traditional trades.
Ministry of Micro, Small and Medium Enterprises: The Indian government ministry responsible for policies related to micro, small, and medium enterprises.
Banswara Lok Sabha Constituency: A parliamentary constituency in Rajasthan, India.
Dungarpur, Rajasthan: A district in the state of Rajasthan, India.
Banswara, Rajasthan: A district in the state of Rajasthan, India.
Pratapgarh, Rajasthan: A district in the state of Rajasthan, India.
Scheduled Tribe: A group of historically disadvantaged indigenous people in India, recognized by the Constitution.
Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE): An Indian government scheme providing guarantee cover to banks and financial institutions for extending loans to the Micro and Small Enterprises (MSE) sector.
GOVERNMENT OF INDIA
MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES
LOK SABHA
UNSTARRED QUESTION NO. 3132
TO BE ANSWERED ON: 07.08.2025
BENEFICIARIES OF PM VISHWAKARMA YOJANA
3132. SHRI RAJKUMAR ROAT:
Will the Minister of MICRO, SMALL AND MEDIUM ENTERPRISES be pleased to state:
(a) whether only 15% of trainees belonging to the Scheduled Tribe category have been
provided loans under the PM Vishwakarma Yojana in Dungarpur, Banswara and Pratapgarh under
Banswara Lok Sabha Constituency and if so, the details of the individuals who received such loans,
name-wise and category-wise;
(b) whether at present equal interest of 5% is being charged on loans provided to General,
OBC, SC and ST categories under the said scheme;
(c) whether the Government is considering to provide any concession in interest rates for the
Scheduled Tribe category, if so, the details thereof and if not, the reasons therefor; and
(d) the initiatives undertaken by the Ministry of Micro, Small and Medium Enterprises in
Banswara Lok Sabha Constituency during the last five years and the number of beneficiaries, year-
wise?
ANSWER
MINISTER OF STATE FOR MICRO, SMALL AND MEDIUM ENTERPRISES
(SUSHRI SHOBHA KARANDLAJE)
(a): PM Vishwakarma Scheme was launched on 17.09.2023 to provide end-to-end support to
artisans and craftspeople of 18 traditional trades who work with their hands and tools. Category-
wise details of PM Vishwakarma beneficiariesto whom loans have been disbursed in Dungarpur,
Banswara and Pratapgarh districts are at Annexure I.
(b)& (c): Under PM Vishwakarma, collateral free Enterprise Development Loans are provided at
a concessional fixed interest rate of 5%, with total loan assistance of Rs. 3 lakhs in two tranches.
Beneficiaries can avail first loan tranche upto Rs. 1 lakh with a repayment tenure of 18 months.
Second loan tranche upto Rs. 2 lakhs can be availed by PMV beneficiary after repayment of 1st
tranche loan. Concessional fixed interest rate of 5% under PM Vishwakarma is uniform for all the
PMV beneficiaries including Scheduled Castes and Scheduled Tribes.
Government of India contributes an interest subvention of 8%. Loan coverage is secured
under the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) on portfolio
basis.
(d): Ministry of MSME has taken several initiatives to create awareness and outreach of PM
Vishwakarma. Since the launch of PM Vishwakarma in September 2023, Ministry of MSME has
conducted 814 awareness programmes/camps, 51 workshops, 50 trade fairs, 34 state level
exhibitions and over 52 flash mobs across the country, including 47 awareness programmes/camps,
2 workshops, 3 trade fairs and 1 state level exhibition in Rajasthan. Ministry of MSME also
created awareness through social media, radio jingles, newspaper advertisements and outdoor
publicity through hoardings, digital displays, audio announcements at railway stations and bus
stops, etc.
******Annexure-I
Annexure-I referred to in reply to part (a) of the Lok Sabha Unstarred question no. 3132 for
answer on 07.08.2025.
District Category Loan Disbursed to Amount of Loan
PM Vishwakarma Disbursed
beneficiaries (Rs. in Lakh)
General 53 50.44
OBC 308 287.16
BANSWARA SC 76 66.72
ST 412 347.44
General 48 46.00
OBC 385 367.20
DUNGARPUR SC 35 29.10
ST 141 129.28
General 26 23.95
OBC 329 295.74
PRATAPGARH SC 41 36.00
ST 80 62.55