MSME- II- Semester

Policies, Subsidies and Schemes in
-Sumera Naaz
July 2016

Assistant Professor
Sree Chaitanya PG college
Department of Business

15% credit linked capital subsidy for SSI sector. However. 2005. 5% interest reimbursement plus 10% capital subsidy for specified processing machinery.Subsidy Schemes To promote the development of the industrial sector. while some of them like CLCSS are available for a wide range of industries. 2005). the government has introduced various schemes that provide financial subsidy to the eligible enterprises. especially MSME sector. The benefits under the scheme include: 1. 6. 1st October.f.e. SIDBI and IFCI were the nodal agencies for NonSSI textile sector. SUMERA NAAZ 2 . IDBI. Some of these subsidy schemes are specifically for certain industrial sectors. 1st October.e. or 3.f. or 2. 13 additional nodal banks have been appointed under TUFS for determining eligibility & releasing the subsidy for the cases financed by them. or 5. 5% exchange fluctuation (interest & repayment) from the base rate on FCL. Some of the major subsidy schemes of the government and public institutions are provided below. These can be categorized as follows: Subsidy Schemes for Specific Industries Textile Industry Technology Upgradation Fund Scheme (TUFS) Ministry of Textiles introduced the TUFS for textiles and jute industry in April 1999 to facilitate induction of state of the art technology by the textile units. 20% credit linked capital subsidy for powerloom sector (An option for ‘front ended’ subsidy provided w. SSI textile sector and Jute sector respectively. w. 5% interest reimbursement of the normal interest charged by the lending agency on RTL. or 4.

coconut.33% upto Rs. design and development simultaneously encouraging entrepreneurs to diversify and set up new units The financial assistance under the Scheme will be investment grant to the extent of 30% of cost of plant and machinery for SSI and 20% of cost of plant and machinery for other units (i. 50 lakh in General Areas and 33. SUMERA NAAZ 3 . 2.e.horticultural sectors leading to value addition and shelf life enhancement including food flavours and colours. hops. poultry.2 crore. rightsizing of capacity. The rate of assistance would be @ 20% for all units (both SSI and NonSSI) above Rs. fishery. Setting up/expansion/modernization of food processing industries covering all segments viz fruits & vegetable. non small scale units) subject to ceiling of Rs. 75 lakh in Difficult Areas. meat. monitoring and interface and coordination with FIs. The nodal agency for release of assistance. Banks and the Government is SIDBI.50 lakh for technology up gradation /modernization and/or expansion and setting up a new unit.Subsidy Schemes Food Processing Industry Scheme For Technology Upgradation/ Establishment/ Modernization for Food Processing Industries This Scheme covers the following activities: 1. milk product.50 lakhs subject to ceiling of Rs. footwear. oleoresins. Leather Industry – Integrated Development of Leather Sector (IDLS) The scheme is aimed at enabling existing tanneries. footwear components and leather products units to upgrade leading to productivity gains. The assistance is in the form of grant subject to 25% of the plant & machinery and technical civil work subject to a maximum of Rs. mushroom. oil seeds and such other agri. cost cutting. spices.

000 (Rupees eighty thousand only) per unit. The rate of financial assistance under the scheme is 25% of the cost of equipments and infrastructural facilities subject to certain ceiling limits based on the type of unit.08. 2. Extension of Financial Assistance to Coir units in the Brown Fibre sector The Coir Board runs a scheme for financial assistance to the coir units in the brown fibre sector. Modernization and Technology Upgradation of the Coir Industry (REMOT) A Central Sector Scheme on REMOT of the Coir Industry was launched during 2007.00.Subsidy Schemes Coir industry Rejuvenation.000 (Rupees two lakh only) per unit. among others. The norms of assistance are as below: Spinning unit: The financial assistance or government grant/subsidy would be 40% of the project cost subject to a maximum of Rs. SUMERA NAAZ 4 . during XI Plan. 80. The main objectives of the scheme include modernization of Coir industry by adoption of modern technology in production and processing of Coir in the spinning and weaving sectors; Upgradation of the production and processing technology for improving the productivity and quality; and increasing the efficiency and productivity for enhancing the earnings of the workers and income of spinners/ tiny household sectors. Tiny/ household unit: The financial assistance or government grant/subsidy would be 40% of the project cost subject to a maximum of Rs. to facilitate the sustainable development of the Spinning and Tiny/Household Weaving Units of the coir industry by providing proper work sheds and enabling replacement of traditional age old ratts with motorized ratts in the Spinning sector and replacement of traditional looms with the mechanized looms in the Tiny/Household sector in the first phase. on a pilot basis.

The quantum of subsidy for one unit will be 25% of the cost of generator set subject to a maximum of Rs. yarn and mats and matting sectors.000/. SUMERA NAAZ 5 . coir rope.50.Subsidy Schemes Coir industry Scheme for Extension of Financial Assistance for Generator Set / Diesel Engine The purpose of the scheme is to give one time subsidy to fibre/ curled coir production units in the brown fibre sector to carry out production at periods of power cut/ low voltage and to ensure supply of brown fibre and curled coir to meet the requirements of rubberized coir products. This will be a one time financial assistance and will be granted on the basis of expenditure incurred by the unit.

f. 2909.Other Subsidy Schemes of the Central Government Credit Linked Capital Subsidy Scheme for Technology Upgradation (CLCSS) The Scheme was launched in October. SUMERA NAAZ 6 . 2000 and revised w. the Government introduced an incentive scheme for their technological upgradation/quality improvement and environment management. The scheme provides incentive to those small scale/ ancillary undertaking who have acquired ISO 9000/ISO 14001/HACCP certifications. 1994 has now been enlarged so as to include reimbursement of expenses for acquiring ISO 14001 certification also. 29. 100 lakh w.000/in each case. The admissible capital subsidy under the revised scheme is calculated with reference to purchase price of Plant and Machinery. The scheme for ISO 9000 reimbursement in operation since March. Quality Upgradation/Environment management for small scale sector through incentive for ISO 9000 /ISO 14001 /HACCP Certifications In order to enhance the competitive strength of the small scale sector. 40 lakhs to Rs. The Scheme is valid upto 31st March 2012. The Scheme envisages reimbursement of charges of acquiring ISO9000/ ISO14001/ HACCP certifications to the extent of 75% of the expenditure subject to a maximum of Rs.f.e.2005. Maximum limit of eligible loan for calculation of subsidy under the revised scheme is also been raised Rs. The revised scheme aims at facilitating Technology Upgradation of Micro and Small Enterprises by providing 15% capital subsidy (12% prior to 2005) on institutional finance availed by them for induction of well established and improved technology in approved subsectors/ products.09.e. 75. The Small Industries Development Bank of India (SIDBI) and the National Bank for Agriculture and Rural Development (NABARD) will continue to act as the Nodal Agencies for the implementation of this scheme.2005.

Ist June 2007) paid to GSI (Formerly EAN India) by Small & Micro units for the first three years for bar code.f. The total subsidy on air fare & space rental charges will be restricted to Rs. click here. click here.e. of India will reimburse 75% of air fare by economy class and 50% space rental charges for Micro & Small manufacturing enterprises of General category entrepreneurs. SUMERA NAAZ 7 . Ist January 2002); and 75% of annual fees (recurring) (w.e. For Women/SC/ST Entrepreneurs & Entrepreneurs from North Eastern Region Govt. etc. Popularizing the adoption of bar codes on large scale amongst MSEs.1.f. Financial Assistance on Bar Code The basic objective of financial assistance is to enhance the marketing competitiveness of Micro & Small Enterprises (MSEs) by way of: Providing 75% of onetime registration fee and annual recurring fee (for first three years) paid by MSEs to GS1 India. To get more details on the scheme. To know more details. and Motivating and encouraging MSEs for use of bar codes through conducting seminars on Bar Code. of India will reimburse 100% of space rent and economy class air fare.25 lakhs per unit. The permissible subsidy is as below: The Govt.• • • • • • • • • • Market Development Assistance Scheme for MSME The scheme offers funding for participation by manufacturing Small & Micro Enterprises in International Trade Fairs/ Exhibitions under MSME India stall; sector specific market studies by Industry Associations/ Export Promotion Councils/ Federation of Indian Export Organisation; initiating/ contesting antidumping cases by MSME Associations and reimbursement of 75% of one time registration fee (w.

2001. 2000 with the objective of making available credit to SSI units. SUMERA NAAZ 8 . there has been a substantial growth in the number of proposals and credit amount disbursed under the scheme. The Ministry of Micro. 10 lakhs without collateral/third party guarantees (This is at present applicable for loans upto Rs 100 lakhs). The other objective is that the lender availing guarantee facility should endeavor to give composite credit to the borrowers so that the borrowers obtain both term loan and working capital facilities from a single agency. fails to discharge its liabilities to the lender. the Guarantee Trust would make good the loss incurred by the lender up to 75 / 80/ 85 per cent of the credit facility. for loans up to Rs. Considering this.Collateral Free Loans Under CGTMSE Scheme Micro and Small Enterprises. established a Trust named Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) to implement the Credit Guarantee Fund Scheme for Micro and Small Enterprises. The Government approved the Credit Guarantee Fund Scheme for Small Industries on 19th May. The Credit Guarantee scheme (CGS) seeks to reassure the lender that. in the event of a MSE unit. 2000 with a view to alleviating the problem of collateral security and impediment to flow of credit to Micro and Small Scale Industries (SSI) sector. The following table provides the operational highlights of CGTMSE since FY01. face difficulties in accessing bank credit because of their inability to provide adequate collateral security for loans. The scheme was formally launched on August 30. 2000 and is operational with effect from 1st January. which availed collateral free credit facilities. The main objective is that the lender should give importance to project viability and secure the credit facility purely on the primary security of the assets financed. Small and Medium Enterprises and Small Industries Development Bank of India (SIDBI). particularly tiny units. Since the formation of the Trust. the Government launched the Credit Guarantee Fund Scheme for Small Industries on 30th August. particularly the first generation of entrepreneurs.

000/.000/. in which there is international participation.200 lakh. The enterprises are at liberty to select any of the rating agencies empanelled with NSIC.e. 40. ICRA. SMERA. etc.will be reimbursed to the micro or small enterprise having a turnover Nature of assistance above Rs.50 lakh to Rs. printing of common catalogue etc. . (a) 75% of the rating fee subject to a maximum of Rs. local transport. Scheme for 'providing financial assistance for performance and credit rating under PCR Scheme Related Scheme Performance and Credit Rating Scheme The objective of the Scheme is to create awareness amongst micro & small enterprises about the strengths and weaknesses of their operations and also their credit worthiness. (a) State/Central Government Organisations. and Who can apply? (c) Registered Societies/Trusts and Organisations associated with the promotion and development of MSMEs 2. (c) 75% of the rating fee subject to a maximum of Rs. improving market of MSMEs products. secretarial/communication services. It also provides assistance for common expenses of the delegation like freight & insurance.200 lakh. Brickwork.will be reimbursed to the micro or small enterprise having a turnover upto Rs.50 lakh (b) 75% of the rating fee subject to a maximum of Rs. Assistance is provided on the Nature of assistance basis of size and the type of the enterprise. Scheme for 'Providing financial assistance on International Cooperation' Related Scheme International Cooperation Scheme The Scheme would cover the following activities: (a) Deputation of MSME business delegations to other countries for exploring new areas of technology infusion/upgradation. Description (b) Participation by Indian MSMEs in international exhibitions. The Scheme is implemented by National Small Industries Corporation (NSIC) and Rating Description under the scheme is being carried out through empanelled rating agencies i. ONICRA. trade fairs and buyer-seller meets in foreign countries as well as in India. 30. foreign collaborations. (b) Industry/Enterprise Associations.will be reimbursed to the micro or small enterprise having a turnover above Rs. 25.SME Division Scheme 1. (c) Holding international conferences and seminars on topics and themes of interest to the MSME. facilitating joint ventures. CRISIL. IC Scheme provides financial assistance of up to 95% of the airfare and space rent of entrepreneurs.000/. India Ratings (earlier known as FITCH) and CARE.

Who can apply? Training Institutions who wish to conduct training programmes under the Scheme will have to enroll themselves with any of the three National Level EDIs of the Ministry viz. 270 lakhs or 90% of project cost. A&N and Lakshadweep) Any State/Union Territory Government. whichever is less. Maximum assistance per trainee per hour for entrepreneurship development and skill development programmes is Rs 50 (Rs. Intensive Campaigns and Marketing Promotion Events Financial assistance of up to 95% of the airfare and space rent of entrepreneurs. Co-sponsoring of Exhibitions organized by other organisations/ industry associations/agencies Description C. NGOs and other development agencies can apply for assistance for creation or strengthening of infrastructure. . for the North Eastern region (including Sikkim). 5 lakh Who can apply? MSMEs. Scheme for providing financial assistance on marketing support under Marketing Assistance Scheme Related Scheme Marketing Assistance Scheme The assistance is provided for the following activities: A. 60 for NER. subject to maximum amount of Rs. the maximum Nature of assistance assistance on matching basis would be Rs. not exceeding 50% of project cost. IIE Guwahati and NIMSME. with full details and justification. 4. Hyderabad. Maximum assistance for creation or strengthening of infrastructure will be Rs. strengthening the infrastructure for EDIs under ATI Scheme Related Scheme Assistance to Training Institutions Scheme Assistance shall be provided to training institutions in the form of capital grant for creation/strengthening of infrastructure and Description programme support for conducting entrepreneurship development and skill development programmes. Training Institutions. However. Assistance is provided on the basis of size and the type of the enterprise. NIESBUD. Andaman & Nicobar and Lakshadweep. Scheme for providing establishment of new institutions (EDIs). Organizing Exhibitions abroad and participation in International Exhibitions/Trade Fairs B.SME Division Scheme 3. Noida. Organizing Buyer-Seller Meets. 150 lakhs on matching basis. Nature of assistance Financial assistance for co-sponsoring would be limited to 40 % of the net expenditure. Industry Associations and other organizations related to MSME sector How to apply? The applications/proposals for seeking assistance under the scheme shall be submitted to the nearest office of National Small Industries Corporation.

The beneficiaries can also submit their application online at http://www. The State/Divisional Directors of KVIC in consultation with KVIB and Director of Industries of respective states (for DICs) will give advertisements locally through print & electronic media inviting applications along with project proposals from prospective beneficiaries How to apply? desirous of establishing the enterprise/ starting of service units under PMEGP. NER. At the State level. the Scheme is implemented through State KVIC Directorates. as the nodal agency at the National level. 5 lakh in the business / service sector.10 lakh in the manufacturing sector and above Rs. Description The maximum cost of the project/unit admissible under manufacturing sector is Rs. Institutions registered under Societies Registration Act. State Khadi and Village Industries Boards (KVIBs) and District Industries Centres (DICs) and banks. Scheme for providing financial assistance to set up new enterprises under PMEGP Related Scheme Prime Minister Employment Generation Programme (PMEGP) The Scheme is implemented by Khadi and Village Industries Commission (KVIC). Production Co-operative Societies.25 lakh and under business/service sector is Rs. Physically handicapped. Beneficiary’s contribution (of Categories of beneficiaries under PMEGP project cost) Rate of Subsidy (of project cost) Area (location of project/unit) Urban Rural General Category 10% 15% 25% Special (including SC / ST / OBC / Minorities / Women. The Government subsidy under the Scheme is routed by KVIC through the identified Banks for eventual distribution to the beneficiaries / entrepreneurs in their Bank accounts. Only new projects are considered for sanction under PMEGP.ARI Division Scheme 5.1860. Self Help Groups (including those belonging to BPL provided that they have not availed benefits under any other Scheme). 5% 25% 35% Nature of assistance The balance amount of the total project cost will be provided by Banks as term loan as well as working capital. and Charitable Trusts are also lakh. At least VIII standard pass for projects costing above Rs. above 18 years of age. Existing Units (under PMRY. Any individual. . etc. Hill and Border areas. take the printout of the application and submit the same to respective offices along with Detailed Project Report and other required documents. REGP or any other scheme of Government of India or State Government) and the units that have already Who can apply? availed Government Subsidy under any other scheme of Government of India or State Government are NOT eligible.

studying in 9th to 12th standard subject to a maximum of 2 children per family. B and C.50. . Woollen) and Polyvastra to the extent of production target assistance approved by the Standing Finance Committee (SFC) of KVIC for the year.50. For death due to: (1) natural causes – Rs. Free Add-on benefit: Scholarship of Rs. Nominee of the deceased Khadi Karigar to submit original death certificate to Pension Group Schemes Department of LIC of India through the Khadi institution under which the deceased was a member. A. Silk.25. spinners and weavers. products and production processes. Producing institutions shall submit quarterly claim of MDA based on the actual production achieved during the preceding quarter of the financial year. MDA provides institutions flexibility to use the assistance for improving the outlets. Scheme for providing financial assistance to Khadi institutions under MDA Related Scheme Market Development Assistance (MDA) Government has introduced in 2010. 30% and 45% respectively. are only eligible to avail MDA grant from KVIC. For permanent disability (loss of two eyes or two limbs) – Rs. to be shared among artisans. This scheme was formulated by KVIC in association with the Life Insurance Corporation of India (LIC). would be adjusted in the last quarter of the financial year on the basis of audited accounts by the How to apply? Chartered Accountants.000. besides giving incentive to customers. Description Nature of MDA shall be allowed @ 20% on cost of production of Khadi (Cotton.300 per quarter for children the children of Khadi Karigar. producing institutions and selling institutions in the ratio 25%. having valid Khadi certificate and categorized as A+. a scheme of group insurance in the name of Khadi Karigar Janashree Bima Yojana (JBY) was launched on 15 August 2003. The difference. Scheme for providing insurance cover to khadi artisans under Janshree Bima Yojana Related Scheme Janshree Bima Yojana for khadi artisans Description Nature of assistance Who can apply? How to apply? To provide insurance cover to khadi artisans. Khadi Karigar (Spinners and Weavers) aged between 18 years and 59 years and below and marginally above poverty line. if any.ARI Division Scheme 6. financial assistance is provided to institutions @ 20% of the value of production of khadi and polyvastra. growth stimulating and artisan oriented MDA Scheme. and (2) accident – Rs. etc.20. For partial disability (loss of one eye or one limb) – Rs. Who can apply? The Khadi institutions. in place of the erstwhile system of Rebate. a flexible. Under MDA. producing institutions and selling institutions in the ratio 25:30:45.000.000. The total amount of MDA on production will be claimed by the producing institution from the KVIC and will be distributed amongst the stake holders viz. 7. MDA shall be preferably reimbursed electronically by State/ Divisional office of KVIC on quarterly basis.000.

DICs.ARI Division Scheme 8. Who can apply? Assistance is provided only to the two R&D institutes functioning under the Coir Board 9. Coir Project Offices. iii) Assistance under the Scheme is only for projects for the production of coir fibre /yarn/products etc. Coir Board (CSS of S&T of the Coir Board. Panchayati Raj Institutions and the Nodal Agencies approved by the Board for this purpose.) Coir Board has been mandated with undertaking. ii) There will be no income ceiling for assistance for setting up of project under REMOT Scheme. Scheme for providing financial assistance to Coir units under REMOT Related Scheme Rejuvenation. relating to R&D activities only as specified in the Action Plan Nature of assistance under different Programme Heads of the Scheme. Joint Liability Groups and Charitable Trust. CCRI Alleppey and CICT Bangalore are functioning under Coir Board. Companies. NGO. Working Capital will not be considered for subsidy.40%. Description The funding pattern of the Scheme is: Nature of assistance Bank Loan / Credit Role . coming under coir sector. CCRI Alleppey and CICT Bangalore by the Government through the Coir Board for R&D activities and creation of infrastructure & Civil construction / repairs etc. Beneficiaries Contribution . iv) Assistance will be made available to individuals. Who can apply? The SC/ST. Description Two R&D institutes namely. Modernization and Technology Upgradation of Coir Industry (REMOT) A credit linked subsidy scheme for setting up of Coir Units with project cost upto Rs.55%. The forms can also be downloaded from the Coir Board website and have to be How to apply? submitted directly to the Coir Board Field Offices or through the DICs. Government Grant (Margin Money – subsidy) . Production Co-operative Societies. Grant is released to the two R&D institutes. Women. NER and Andaman and Nicobar Island and Lakswadweep beneficiaries will be given priority The applications under the Scheme can be collected from Coir Board Offices.5% i)Any individual above 18 years of age with Indian Citizenship. assisting or encouraging scientific technological and economic research and maintaining and assisting one or more research institutions.10 lakhs plus one cycle of working capital which shall not exceed 25% of the project cost. Scheme for providing financial assistance for R & D activities of Coir Board under Central Sector Plan Scheme of Science & Technology (S&T) of the Coir Board Related Scheme Plan (S&T). . Self Help Groups. Institutions registered under Societies Registration Act 1860.

with FOB turnover of less than Rs. and to assist the entrepreneurs to participate in such programmes through export market Description development assistance scheme. All micro. DICs.2. small & medium entrepreneurs of coir and coir products.15000/.ARI Division Scheme also Nature of assistance admissible. would be eligible for assistance under the scheme. provided they have not availed the facility from any other source for the same purpose or participated three times in the same Who can apply? exhibition to the same destination thrice with government assistance. TA financial assistance of upto Rs. Coir Project Offices. Scheme for providing financial assistance to Coir units for export under Plan (General) Related Scheme CSS of Export Market Promotion Coir Board is implementing the Export Market Promotion Scheme for adoption of strategic and aggressive product specific and market specific promotional programmes for popularizing coir and coir products in markets abroad. How to apply? The applications under the Scheme can be collected from Coir Board Offices. supporting the export oriented industry on modernization programme and to attain overall and sustainable development of Indian Coir Industry by participating in international fairs / product promotion programmes/ seminars etc. Panchayati Raj Institutions and the Nodal Agencies approved by the Board for this purpose.00 lakhs is provided to the eligible coir exporters to participate in the international fairs/product promotion programmes etc. . Assistance for publicity material up to 25% of the production cost with over all ceiling of Rs. small and medium exporters. The forms can also be downloaded from the Coir Board website and have to be submitted directly to the Coir Board Field Offices or through the DICs.00 crore worth coir and coir products in the previous year and micro. registered with the Coir Board.2.

small & medium entrepreneurs of coir and coir products.per head per month is be provided as financial asistance to the training sponsoring agency to meet the operational cost. Transfer of technology to non-traditional areas through development of skill of coir workers is another important objective of the scheme. registered with the Coir Board. Unit now provided to the trainees. 5. provided they have not availed the facility from any other source for the same purpose or participated three times in the same exhibition to the same destination thrice with government assistance.500/.750/. The honorarium for the trainer is limited to Rs. All micro.250/.00 crore worth coir and coir products in the previous year and micro. NGOs.for motorised traditional ratts. with FOB turnover of less than Rs. 000/. in particular. aims at women empowerment through provision of spinning equipment at subsidised rate after appropriate skill development(training) programmes Description The training programme is for two months duration and a monthly stipend of Rs.7.3200/. Scheme for providing training to the aspiring Coir workers for capacity development and quality improvement under Plan (Gen eral) Related Scheme Skill Upgradation & Quality improvement and Mahila Coir Yojana Objective of the scheme is to train personnel for the cadres of supervisors/ instructors/ artisans to meet the requirement of skilled man power for the development of coir industry. Industries Department. Co-operatives etc How to apply? . would be eligible for assistance under the scheme.ARI Division Scheme 11. Training programmes and EDPs(Entrepreneurs Development Programmes) are conducted by the Coir Board through its Regional training centers Mahila Coir Yojana(MCY).per month. small and medium exporters. Who can apply? Selection of trainees for in-house training at NCT&DC will be made by inviting applications through advertisements in print and electronic media and through recommendation from the authorities of the coir producing States Selection of trainees for training programmes conducted at Regional Extension Centre will be made by the officer-in-charge of the centre through sponsoring of candidates by Trade Associations. Under MCY Coir Board provides 75% cost of the motorised/ motorised traditional ratts as one time subsidy subject to a ceiling of Nature of assistance the case of motorised ratt and Rs. An amount of Rs.

50. 2008 and registered with the DIC of the respective Who can apply? region of the entire coir sector of the country with project cost exceeding Rs. Coir workers aged 18 years and above engaged in the industry (no upper age limit) are covered under the Insurance Scheme. the accident in their case will include death and disablement arising out of and traceable to sterilization and consequent Who can apply? complications. caesarian hysterectomy. 13. Rs. Compensation payable under the Scheme are given below. Scheme for providing financial assistance to Coir units for infrastructure development under Plan (General) Related Scheme Development of Production Infrastructure (DPI) Scheme Coir Board is implementing the Plan Scheme ‘Development of Production Infrastructure’ with the objective of providing modern infrastructure facilities to the coir production units resulting in the improvement of productivity and quality and also creation of employment opportunities Description especially for women in the rural areas. Considering the welfare of the women who form majority of the group proposed. 1.25. child birth. 5 lakh each are eligible for assistance under the scheme. 2 lakhs for modernization/ renovation of the existing units.2.000/Nature of assistance 4. The date of commencement of production should be supplemented by a Certificate issued by How to apply? the General Manager.6 lakhs for setting up of defibering unit.ARI Division Scheme 12. 4 lakhs for automatic spinning unit and Rs. Under the DPI Scheme the Coir Board provides financial assistance to the coir production units @ 25% of the cost of equipments subject to a maximum of Rs.000/. 5 lakhs for others including coir pith. District Industries Centre of the respective area. Scheme for providing insurance cover to Coir workers under Plan (General) Related Scheme Welfare Measures Scheme The Coir Board is implementing the Plan Scheme ‘Welfare Measures . Accident death : Rs. The entire insurance premium is paid by the Coir Board to the Insurance Company selected by calling quotations. The scheme also provides for extending financial assistance assistance upto Rs. Permanent Partial Disability : Rs. The disabled coir worker or nominee of the disabled / deceased coir worker can apply for the claim.000/.3.Coir Workers Group Personal Accident Insurance Scheme with the objective of providing financial compensation to deceased/disabled coir worker/nominee. For a Nature of composite or a multiple unit the maximum ceiling of financial assistance is Rs. 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. arising out of pregnancy. Provision for finger cut : Depending upon the finger and limited to applicable percentages of capital sum insured. removal of breast as well as murder and rape etc . All new coir processing units registered with Coir Board under Coir Industry (Registration) Rules. Permanent Total disability : Rs.50. The financial compensation is provided by the Insurance Company to the Description disabled coir workers or nominee of the disabled or deceased coir workers. 9 lakhs.

DC MSME Scheme Click on the excel Icon .