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To help the country's coir industry grow sustainably, the Indian government has approved the continuation of the credit-linked subsidy plan Rejuvenation, Modernization, and Technology Upgradation of the Coir Industry, now known as Coir Udyami Yojana.
This will result in more job opportunities, particularly for women and the poorer segments of the rural population.
This is a credit-linked subsidy scheme for coir units with a project cost of up to Rs.10 lakhs plus one cycle of working capital of no more than 25% of the project cost. Subsidies will not be taken into account for working capital. The scheme's main goal is to help the country's coir industry thrive indefinitely, and it is overseen by the Ministry of MSME.
The maximum allowable cost for the project is 10 lakhs plus working capital, which cannot exceed
Read MorePrescribed Application Form for Scheme assistance Title Deed of the property on which the unit
Read MoreRegistration link: http://coirservices.gov.in/frm_login.aspx Other guidelines are attached in ema
Read MoreThe Coir Udyami Yojana, a Central Sector Scheme, will be administered by the Ministry of Micro, S
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