Subsidy and term loan to Institutions for upgradation and development

Operated by
Ministry of micro, small & medium enterprises - ARI Division - Coir Board, Central Government
Purpose 
To provide financial assistance in the form of subsidy and term loan to Institutions to help them develop their coir units.
Probable duration
2015

Eligibility

  •  Registered Institutes which have not availed any other Government subsidy

  •  There will be no income ceiling for assistance for setting up of project under Coir Udyami Yojana (CUY) Scheme

  •  Assistance under the Scheme is only available for projects for the production of coir fiber/ yarn/ products etc coming under coir sector

Benefit Description

Coir Udyami Yojana - Financial Assistance in the form of subsidy and term loan would be provided to Institutions for the up gradation and development of their coir unit.

Application process

http://coirservices.gov.in/Registration.aspx

Other Details

Conditions if Any
  • The assistance will not be available for work-shed alone. But can avail assistance for machinery alone or work-shed and machinery together.
More Information
Annexure Link: 
Refer to Page No. 22 of the link: http://coirboard.gov.in/wp-content/uploads/2015/06/OperationalGuidelines.pdf

Link: 
http://coirboard.gov.in/?page_id=224

File: -