Coir Udyami Yojana
in Delhi
Last updated:
Coir Udyami Yojana in Delhi
Coir Udyami Yojana is a government scheme available to eligible residents of Delhi.
Apply for Coir Udyami Yojana in Delhi
Scheme Overview
The scheme "Coir Udyami Yojana" by the Coir Board, Ministry of MSME, Government of India, aims to modernize the coir industry and generate rural employment. It offers credit-linked financial assistance to establish coir units by eligible applicants.
Eligibility Criteria
> **Eligibility conditions of the Beneficiaries:**
- The applicant must be an individual above 18 years of age with Indian Citizenship.
- The applicant will not be subject to any income ceiling for receiving assistance under the scheme.
- The applicant must set up a project related to the production of coir fibre, yarn, or products under the coir sector.
- The applicant may be an individual, a Company, Self self-help group (SHG), a Non-Governmental Organization (NGO), Institution registered under the Societies Registration Act, 1860, a Production Co-operative Society, a Joint Liability Group, or a Charitable Trust.
- The applicant must not have already availed a government subsidy under any other scheme of the Government of India or the State Government for the same purpose.
> **Other eligibility conditions:**
- The applicant belonging to special categories must produce a certified copy of the caste/community certificate issued by the competent authority.
- The applicant, if applying as an institution, must submit a certified copy of the bylaws wherever applicable.
- The applicant must ensure that the project cost includes capital expenditure such as building and machinery.
- The applicant may include one cycle of working capital in the project proposal, but it will not be considered for subsidy. The loan for working capital will only be sanctioned and released after the unit is set up, and the working capital must not exceed 25% of the total project cost.
- The applicant, if already owning a work shed, will have the cost of only the required machinery considered as the project cost under the scheme.
> **Note :**
- Special focus on SC/ST and beneficiaries from the North Eastern Region (NER).
- The scheme encourages women and youth participation in rural areas.
- Only one person from one family is eligible for obtaining financial assistance for setting up of projects under Coir Udyami Yojana. The ‘family’ includes self and spouse.
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Benefits
Beneficiary’s Contribution (of Project Cost): 5%
Bank Credit: 55%
Rate of Subsidy (of project cost): 40%
Required Documents
| # | Document |
|---|---|
| 1 | Prescribed Application Form for Scheme assistance |
| 2 | Copy of the Title Deed of the property on which the unit is proposed to be set up/already located |
| 3 | Proof of Coir Industry experience |
| 4 | Proof of training availed from the Coir Board |
| 5 | Machinery is proposed to be purchased along with the Invoice |
| 6 | Industrial Establishment Certificate issued by the District Industries Centre (DIC) |
| 7 | Plan & Estimate for the construction of a workshed duly certified by a Chartered Engineer |
| 8 | Project Profile of the proposed project |
| 9 | In case of SC/ST, a copy of the Caste Certificate |
| 10 | Any other supporting documents |
Common questions in Delhi
Who can apply for Coir Udyami Yojana in Delhi?
Eligible residents of Delhi who meet the scheme’s overall criteria can apply for Coir Udyami Yojana. Refer to the eligibility section above for the complete checklist.
What documents are required for Coir Udyami Yojana in Delhi?
Applicants in Delhi typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
Frequently Asked Questions
The applicant must be at least 18 years of age to be eligible for the scheme.