The Ministry of Micro, Small & Medium Enterprises (MSME), on March 09, 2026, issued a circular regarding the PM Vishwakarma and MSME Schemes Support Women Artisans and Entrepreneurs.
The following has been stated namely: -
• Government implements the Credit Guarantee Scheme (CGS) for Micro and Small Enterprises (MSEs) to provide credit guarantees for loans extended by Member Lending Institutions (MLIs) under Credit Guarantee Trust for Micro and Small Enterprises (CGTMSE) without any collateral security or third-party guarantee. The scheme provides an enhanced credit guarantee coverage of 90% for loans extended to women-led MSEs, as against 75% in general, along with a 10% relaxation in the guarantee fee.
• Under PM Vishwakarma scheme, capacity-building support is provided to artisans and craftspeople through Basic Skill Training (5–7 days) and Advanced Training (15 days or more) with stipend support. The training modules include entrepreneurial orientation, financial literacy and digital literacy, along with guidance on the usage of modern tools and equipment relevant to the respective trades. The scheme also provides marketing support, including onboarding on e-commerce platforms, branding and promotion of products, which help strengthen the capabilities of beneficiaries and improve their participation in micro-enterprise activities.
[Press Release ID: 2236871]
