Subsidy and term loan to Co-operative Societies 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 co-operative societies to help them develop their coir units.
Probable duration
2015

Eligibility

  • Production Co-operative Societies 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 co-operative societies for the up gradation and development of their coir unit.

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.
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