Coir Vikas Yojana- Coir Industry Technology Upgradation Scheme
Ministry: Ministry Of Micro, Small and Medium Enterprises
The scheme “Coir Industry Technology Upgradation Scheme (CITUS)” is a component of “Coir Vikas Yojana” and the scheme was launched by Ministry of Micro, Small & Medium Enterprises, Government of India.
About This Scheme
Benefits
₹2.5 Cr
- Financial Assistance: 25% subsidy on the cost of eligible plant and machinery.
- Maximum Limit: Financial assistance up to ₹2.50 crore per coir unit/project.
- Support for Modernization: Assistance for upgrading existing units or setting up new coir processing units.
- Direct Benefit Transfer: Subsidy is provided through DBT/PFMS as reimbursement after investment.
- Support to Entrepreneurs: Available to SHGs, associations, and small/medium/co-operative/public sector enterprises.
- Encouragement for New Units: Promotes the establishment of new units and the expansion of existing capacity.
- A single unit/enterprise will not be allowed for the grant of assistance under this Scheme.
- No applications from those units exceeding the investment limits prescribed for medium-scale enterprises in the MSME Act, from time to time, shall be considered for grant of assistance under this component.
- The amount will be released after the Coir Unit installs the appropriate/approved Plant and Machinery and commences its operation.
- The applicant unit will be at liberty to procure the Plant and Machinery out of the loan amount from any financial institution/bank/leasing company or from its own resources.
Eligibility
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Required Documents
- ✦Udyog Aadhar Number
- ✦Details of Registration under Coir Board Registration Rules 2008
- ✦PAN & Aadhaar Number of the Applicant
- ✦Detailed Project Report
- ✦If the Partnership concerned, the registered partnership deed is attested by a notary.
- ✦If Company, copies of the Registration Certificate from Registrar of Companies and Memorandum of Association & Articles of Association.
- ✦If Co-operative Society, a copy of the registration certificate issued by the competent authority/Registrar of Co-operative Societies.
- ✦If NGO/ SHG, a copy of the registration certificate issued by the competent authority may be attached.
- ✦Details of IPA received from Coir Board
- ✦Details of commencement of production
- ✦Bank account details
- ✦Copy of the sanction letter and techno financial appraisal of the bank /financial institution
- ✦Certificate to be issued by Chartered Accountant
- ✦An undertaking to the effect that the applicant has neither applied for nor availed of assistance under these programmes/components will have to be furnished while applying for assistance.
- ✦If original documents are pledged with banks, the copies, duly attested by the Manager of the bank, have to be submitted with the application for assistance.
- ✦Any other document, as required
✦ Required ◦ Optional
How to Apply
Steps for Availing Assistance:
Step 1: Submit a Detailed project report (DPR) in the prescribed format to the nearest ROs/SROs of the Board through online.
Step 2: Obtain the In-Principle Approval (IPA) for the project from the Board
Step 3: Procure the plant & machinery as per the approval
Step 4: Erect the machinery and establish the unit
Step 5: Obtain Udhyog Aadhaar
Step 6: Register the unit in Coir Board
Step 7: Commence the production
Step 8: Submit the applications within one year after starting the production
For modernization:The units which have Coir Board registration and have successfully completed 5 years after commencement of production, can apply for availing assistance under this component.
Stage 1 - New Login RegistrationStep 1: Click on the link "Apply Now" of the CITUS Scheme.
Step 2: Click on the link "New Login Registration" in the Login.
Step 3: Enter Name, Aadhaar Number, email and Mobile Phone Number as per the format given on the screen
Step 4: PAN number, email, and Mobile Phone Number once entered cannot be changed later in the application form.
Step 5: Now you should select a secret question from the pull-down menu and then type your answer in the next field. Note down the secret question and the answer immediately.
Step 6: You should now choose your User Name (minimum 8 characters and maximum 15 characters, numbers are allowed and no special characters are allowed).
Step 7: Enter the Given Security PIN displayed on the screen.
Step 8: You can now finalize the above details by clicking the CONFIRM Button. Remember, the email-id already used by anyone else for online application submission cannot be used again.
Step 9: Immediately you will receive your username and password by email/SMS.
Note: In the Future, all communications will be sent to this email and Mobile Number Only
Stage-2 Submit Detailed Project Report (DPR):Step 1: In the login, type your user name and password received through email/SMS and click "Sign In"
Step 2: Immediately you will be asked to change your password. Here you should set a new password and confirm it. Remember, the password is case-sensitive and the password should contain a minimum 8 characters.
Step 3: After successful login, You will be redirected to your Home Page.
Step 4: Expand the Scheme CITUS by clicking on the + symbol
Step 5: Click on the Link Detailed project Report and fill the Report as per the given Format
Step 6: After submitting the Form, you will get a registration Number.
Step 7: You will receive an SMS/email when the Coir Board Approves/Rejects your DPR (IPA) so that you can submit an online Application.
Stage - 3 Application status:- You can check your application status on the website by login to your Home Page with your username and Password.
- Keep visiting your home page of www.coirservices.gov.in for the latest developments in your application
Quick Info
- Level
- Central Government
- Max benefit
- ₹2.5 Cr