Central GovernmentVerified
Kaimagga Vikasa Yojana - Karnataka
The “Kaimagga Vikasa Yojana” aims to sustain and develop the handloom weaving skills of existing weavers and to attract young talent to the industry, thus preserving the rich cultural heritage of handloom weaving in Karnataka.
Start date25 Jul 2014
Last verifiedToday
About This Scheme
The “Kaimagga Vikasa Yojana” was launched by the Department of Handloom & Textiles, Government of Karnataka. The scheme aims to sustain and develop the handloom weaving skills of existing weavers and to attract young talent to the industry, thus preserving the rich cultural heritage of handloom weaving in Karnataka. The scheme is designed to help both traditional and new weavers by offering support for the purchase of new handlooms and necessary equipment. > Equipment Covered: Equipment such as handlooms, electronic jacquards, pre-loom facilities like knotting machines, and warping machines are covered under the scheme.
Benefits
> Subsidy:
Beneficiaries can get 50% of the unit cost of new handloom/equipment/machinery.
> Disbursement of Subsidy:
50% after initial verification and the remaining 50% after confirming the purchase of equipment.
NOTE: The remaining 50% can be financed by the beneficiary from a financial institution/bank loan or through the beneficiary's own capital.
Eligibility
Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.
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Required Documents
- ✦Weaver's Identity Card (Attested Copy)
- ✦Handloom Weaving Training Certificate (Attested Copy)
- ✦Loan Sanction Letter/ Letter of Agreement for financing 50% of unit cost from Financial Institution/ Bank Loan/Own Capital
- ✦Any other document if required
✦ Required ◦ Optional
How to Apply
IIn-person
Quick Info
- Level
- Central Government
- Launched
- 25 Jul 2014
