Credit support/New Enterprise creation
The scheme aims at giving away assistance to the entrepreneurs for upgrading and/or procurement of eligible plant and machinery for modernization and thereby establishing a new unit that is capable of making an application for the larger investment in the coir sector. The financial assistance provided under this scheme will be set at 25% of the total cost of admissible items of ‘plant and machinery’ that are procured by the Coir units. All coir production or processing units that are registered with the ‘Coir Board’ under ‘Coir Industry’ (Registration) Rules 2008 and are having ‘Udyog Aadhar’ are eligible to apply for the financial assistance available under this scheme for modernization.
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Last Modified : 2/2/2023
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