• Linkdin

Modernisation of Coir Industry

30 Apr '08
1 min read

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

Leave your Comments

Esteemed Clients

TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
TEXVALLEY MARKET LIMITED
TESTEX AG, Swiss Textile Testing Institute
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Taiwan Textile Federation (TTF)
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Stahl Holdings B.V.,
Advanced Search