Scheme Features

• The appropriation: All the proprietors of the power loom units in the nation will get up to 1 Lac sponsorship that is up to 20% monetary help on their creation cost.
• Financing cost and Loan Amount: The Central government will give credit sum up to Rs. 10 Lac for creation. The financing cost will be 6% per annum which is lower than the market rate. This advance will be accommodated 5 long years.
• Sun-oriented Panels: According to the plan the proprietors of power loom units can introduce sun-based boards in their properties. On the off chance that they do as such, they will get more monetary help from the local government. With the establishment of sun-powered boards, it will be simpler for the little units to create more in a limited capacity to focus time.
• Number of Looms: If any unit has more than or equivalent to 8 weaving machines a solitary unit then the proprietor will get half endowment on the establishment of a sun-oriented board under this plan.
• Recipients: The units of power loom will get profited under the plan. It has been said that with executing this plan almost 2.5 million weavers the country over will be profited.
• Mechanical redesign: SAATHI or Sustainable Accelerated Adoption of effective Technology to Help little Industries will be received for an innovative overhaul in the material enterprises.