Home / Knowledge / News / Modernisation of Coir Industry
Modernisation of Coir Industry
30
Apr '08
The Government has launched a new Central Sector Scheme of 'Rejuvenation, Modernization & Technology Up- gradation of the Coir Industry' during March, 2008 for implementation during XI Plan with a total outlay of Rs. 243 crore involving a government grant of Rs. 99 crore, beneficiary contribution of Rs. 12 crore and a term loan of Rs. 132 crore from Banks.

Under the Scheme, financial assistance is provided @ 40% of the project cost subject to a maximum of Rs. 80,000/- per spinning unit and a maximum of Rs. two lakh per tiny/household unit.

During 2007-08 (3rd week of March, 2008), Government released an amount of Rs. 9 crore to the Coir Board, a statutory body under the Ministry of MSME for implementation of the Scheme.

State-wise details of funds released by the Coir Board to various banks, for providing subsidy to the eligible coir units under the Scheme, are given below:

Click here to view more:

Press Information Bureau Government of India

Must ReadView All

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Courtesy: Lee Cooper

Apparel/Garments | On 28th Mar 2017

CCI clears FLFL proposal to divest Lee Cooper

The Competition Commission (CCI) of India has approved the proposal...

Textiles | On 28th Mar 2017

Bardoli CEFC to benefit south Gujarat MSMEs

India’s first common engineering facility centre (CEFC) at Bardoli,...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search