MSME

Who can apply
How to apply
Description
Multiple Unit, the maximum monetary ceiling of
assistance would be Rs. 9 lakh. For calculation of
subsidy amount, the cost of building will be
restricted to a maximum of Rs. 8 lakh for Defibering
and coir pith units and Rs. 6 lakhs for
others including Automatic spinning Unit.
All new coir processing units registered with Coir
Board under Coir Industry (Registration) Rules,
2008 and registered with the DIC of the respective
region of the entire coir sector of the country with
project cost exceeding Rs.10/- lakh each or more
than the ceiling fixed in Coir Udyami Yojana
Scheme are eligible for assistance under the
scheme.
The unit shall submit the application in the
prescribed format for grant of financial assistance
for new units under the scheme within 6 months
from the date of commencement of production of
the unit. The date of commencement of production
should be supported by a certificate issued by the
General Manager, DIC of the respective area.
Related scheme iv. Personal Accident Insurance’ Scheme
Coir Workers
The Coir Board is implementing the plan scheme
‘Welfare Measures-Coir Workers Group Personal
Accident Insurance’ scheme for providing
financial compensation to deceased/disabled coir
worker/nominee. The entire insurance premium is
paid by the Coir Board to the insurance company
selected by calling quotations. The financial
compensation is provided by the insurance
company to the disabled coir workers or nominee
of the disabled or deceased coir workers.
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