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Development of Production Infrastructure Scheme for Coir Units

DEVELOPMENT OF PRODUCTION INFRASTRUCTURE SCHEME
Related Scheme DEVELOPMENT OF PRODUCTION INFRASTRUCTURE SCHEME
Description Financial assistance for setting up of coir units and modernisation of existing units. Under the Scheme the Board is extending subsidy to the tune of 25 % of the cost of equipments and other infrastructural facilities subject to a maximum of Rs. 6 lakhs for setting up of defibering unit, Rs. 4 lakh for Automatic Spinning Unit and Rs. 5 lakh for others. For a composite or a multiple unit the maximum ceiling of assistance would be Rs. 9 lakh. In the case of modernisation of existing unit the subsidy will be limited to 25 % of the cost of modernisation equipments and infrastructural facilities subject to a maximum of Rs. 2 lakh
Nature of assistance Financial assistance is available for setting up of new units and modernization of existing units @ 25% of the cost of building, machineries and other infrastructural facilities subjected to the ceiling of

  • Maximum ceiling of subsidy for defibering unit Rs. 6 lakh
  • Maximum ceiling of subsidy for Automatic Spinning Unit Rs. 4 lakh
  • Maximum ceiling of subsidy for others Units Rs.5 lakh
  • Maximum ceiling of subsidy for modernization of existing units Rs.2 lakh
  • Maximum ceiling of subsidy for composite or a multiple unit Rs. 9 lakh
Who can apply ? Entrepreneurs who wish to start the Coir processing units and who wish to modernize the existing units
How to apply ?

The GM, DIC of the respective region is authorized to receive the application and documents as per the guidelines and the same will be processed, inspected, scrutinized and duly recommended to RO/Sub RO of the Board who in turns conduct the joint inspection along with the officer nominated by the Chairman Coir Board for assessing the quantum of assistance and forward to HO for obtaining sanction from the competent authority

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