Jute Raw Material Bank Scheme
in Telangana
Last updated:
Jute Raw Material Bank Scheme in Telangana
Jute Raw Material Bank Scheme is a government scheme available to eligible residents of Telangana.
Apply for Jute Raw Material Bank Scheme in Telangana
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
The Agency and its functionaries should be bonafide Indian agencies and Indian Citizens.
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.
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.
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 Telangana
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 Telangana
Who can apply for Jute Raw Material Bank Scheme in Telangana?
Eligible residents of Telangana 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 Telangana?
Applicants in Telangana 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.