State-Specific Information

Jute Raw Material Bank Scheme

in Puducherry

Last updated:

Jute Raw Material Bank Scheme in Puducherry

Jute Raw Material Bank Scheme is a government scheme available to eligible residents of Puducherry.

Apply for Jute Raw Material Bank Scheme in Puducherry

Scheme Overview

Jute Raw Material Bank Scheme (JRMB) will be set up in the local clusters across the country in collaboration with bonafide Agencies who have adequate experience in similar activities and have the required storage, display, and selling infrastructure.

Eligibility Criteria

1

The Agency and its functionaries should be bonafide Indian agencies and Indian Citizens.

2

Reputed Registered Jute Entrepreneurs/ Manufacturers, Exporters, Merchant Traders, NGOs, Cooperative Societies, Federations, PSUs/ Organizations of the Central/ State Govt. and other firms / Agencies engaged in the Product identification and Marketing of Jute Diversified Products (JDPs) at least for the last three years.

3

Recognized agencies having at least three years of experience in Trading and promotion in the field of production and Marketing of Jute Diversified Products (JDPs) or similar schemes in the Handloom, Handicrafts, and Textiles sector will be preferred.

4

The CA / OA should have its own office with telephone/ mobile connection, computer/ laptop with email facilities, etc. for running the Jute Raw Material Bank (JRMB) and at least 200 sq. ft space for running the JRMB.

Benefits

30% Financial Support on Sales Value

Additional Freight Subsidy

100% Reimbursement

Affordable Raw Jute Access

Reliable Supply Chain Support

Required Documents

# Document
1 PAN Card of the Company.
2 Identification of the Applicant with Address Proof.
3 Rental / Ownership proof.
4 GST Registration Details.
5 Trade License (if Any).
6 Location map of JRMB.
7 Photographs of JRMB (in inside and outside view ,in a single pdf).
8 Income Tax Return (last three years ,in a single pdf).
9 C.A Certified Balance Sheet (last three years ,in a single pdf).
10 Document in support of Work experience.
11 Documents - fund received from Govt. organizations.
12 Recommendation of DM / Dist. Collector / DIC / BDO / NABARD/DRDA, etc.

How to Apply in Puducherry

1

The proposals are to be submitted in Hard copy of application form (Annexure-1), in a sealed cover and all the documents should have the total number of pages indicated and signature of the authorized persons from the agency, in all Pages.

Offline The proposals are to be submitted in Hard copy of application form (Annexure-1), in a sealed cover and all the documents should have the total number of pages indicated and signature of the authorized persons from the agency, in all Pages.

Common questions in Puducherry

Who can apply for Jute Raw Material Bank Scheme in Puducherry?

Eligible residents of Puducherry who meet the scheme’s overall criteria can apply for Jute Raw Material Bank Scheme. Refer to the eligibility section above for the complete checklist.

What documents are required for Jute Raw Material Bank Scheme in Puducherry?

Applicants in Puducherry typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.

Frequently Asked Questions

It establishes **local “banks”** in jute clusters to supply raw jute material to **JRCPC beneficiaries, WSHGs, artisans, and JDP micro/small units** at mill-gate rates for cost-effective manufacturing.

Sources and references

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