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SCHEME FOR PROVIDING FINANCIAL ASSISTANCE TO COIR UNITS

Thursday, April 9, 2015

 

1.     Scheme for providing financial assistance to Coir units for export under Plan (General)

Related Scheme

CSS of Export Market Promotion

Description

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, 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. and to assist the entrepreneurs to participate in such programmes through export market development assistance scheme.

Nature of assistance

TA financial assistance of upto Rs.2.00 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.15000/- is also admissible.

Who can apply?

All micro, small and medium exporters, with FOB turnover of less than Rs.2.00 crore worth coir and coir products in the previous year and micro, small & medium entrepreneurs of coir and coir products, registered with the Coir Board, 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 exhibition to the same destination thrice with government assistance.

How to apply?

The applications under the Scheme can be collected from Coir Board Offices, DICs, Coir Project Offices, Panchayati Raj Institutions and the Nodal Agencies approved by the Board for this purpose. 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.

2.     Scheme for providing training to the aspiring Coir workers for capacity development and quality improvement under Plan (General)

Related Scheme

Skill Upgradation & Quality improvement and Mahila Coir Yojana

Description

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. Transfer of technology to non-traditional areas through development of skill of coir workers is another important objective of the scheme. Training programmes and EDPs(Entrepreneurs Development Programmes) are conducted by the Coir Board through its Regional training centers Mahila Coir Yojana(MCY), in particular, aims at women empowerment through provision of spinning equipment at subsidised rate after appropriate skill development(training) programmes

Nature of assistance

The training programme is for two months duration and a monthly stipend of Rs.750/- is now provided to the trainees. The honorarium for the trainer is limited to Rs. 5, 000/- per month. An amount of Rs.250/- per head per month is be provided as financial asistance to the training sponsoring agency to meet the operational cost.  Under MCY Coir Board provides 75% cost of the motorised/ motorised traditional ratts as one time subsidy subject to a ceiling of Rs.7,500/- in the case of motorised ratt and Rs.3200/- for motorised traditional ratts.

Who can apply?

All micro, small and medium exporters, with FOB turnover of less than Rs.2.00 crore worth coir and coir products in the previous year and micro, small & medium entrepreneurs of coir and coir products, registered with the Coir Board, 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 exhibition to the same destination thrice with government assistance.

How to 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, Unit owners, Industries Department, NGOs, Co-operatives etc

3.     Scheme for providing financial assistance to Coir units for infrastructure development under Plan (General)

Related Scheme

Development of Production Infrastructure (DPI) Scheme

Description

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 especially for women in the rural areas.

Nature of assistance

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.6 lakhs for setting up of defibering unit, Rs. 4 lakhs for automatic spinning unit and Rs. 5 lakhs for others including coir pith. For a composite or a multiple unit the maximum ceiling of financial assistance is Rs. 9 lakhs. The scheme also provides for extending financial assistance upto Rs. 2 lakhs for modernization/ renovation of the existing units.

Who can apply?

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. 5 lakh each are eligible for assistance under the scheme.

How to apply?

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 supplemented by a Certificate issued by the General Manager, District Industries Centre of the respective area.

4.     Scheme for providing insurance cover to Coir workers under Plan (General)

Related Scheme

Welfare Measures Scheme

Description

The Coir Board is implementing the Plan Scheme ‘Welfare Measures - Coir Workers Group Personal Accident Insurance Scheme with the objective of 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.

Nature of assistance

Compensation payable under the Scheme are given below. 1. Accident death : Rs.50,000/- 2. Permanent Total disability : Rs.50,000/- 3. Permanent Partial Disability : Rs.25,000/- 4. Provision for finger cut : Depending upon the finger and limited to applicable percentages of capital sum insured. 

Who can apply?

Coir workers aged 18 years and above engaged in the industry (no upper age limit) are covered under the Insurance Scheme. The disabled coir worker or nominee of the disabled / deceased coir worker can apply for the claim. Considering the welfare of the women who form majority of the group proposed, the accident in their case will include death and disablement arising out of and traceable to sterilization and consequent complications, arising out of pregnancy, child birth, caesarian hysterectomy, removal of breast as well as murder and rape etc

How to apply?

In the event of an eligible admissible claim, the claim form should be submitted through the Officers of Coir Board authorized for the purpose within the time limit fixed by the disabled coir worker or nominee of the disabled / deceased coir worker

Source: Ministry of Micro, Small & Medium Enterprises (MSME)


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