• Three phase uninterrupted electricity supply to all the villages of the state was the dream came true last year. Now to capitalize the benefits in favors of the rural ample, a scheme is required to establish village industries.

  • The scheme is applicable to all New Village Industry projects set up in “rural area”. Any extension or renovation of existing unit will not be eligible for this facility

ELIGIBILITY:

  • The eligible agencies under the scheme are
    1. Individual artisans/entrepreneurs,Age:25 to 50;Education:1Oth pass: presently working at home or in the factory/unit of the proposed project or trained by the recognized institution in the activity of the proposed project.
    2. Grade-II Active SHGs engaged in production of goods at a small level.

N .B:

(Partnership firms private Limited Companies, Join Ventures, Jt. Borrowers, Co-obligators or HUF are not eligible under the scheme).

  • Under this scheme applicants have to submit dully filled specified form which is available at District Industries Centre. Board I Corporations affiliated to Cottage & Rural Industries  Department   can   submit   the    applications to District Industries Centre after receiving from their beneficiaries. The officers of District Industries Centre & Board/ Corporations those who are authorized & not below the rank of class-II can sponsor the applications to General Manager of District Industries Centre after visiting the place & fulfilling the checklist prior  to sanction. General Manager will recommend eligible application to bank after verification including spot verification if necessary.

Financial Assistance:

  • The ceiling limit of project is above Rs.1 lakh upto Rs.25 lakh. Under which up to 1O lakh 25% of the Project cost will be provided by state government as Margin Money, for the project above 10 lakh up to Rs.25 lakh the rate of Margin Money will be 25% of the project cost up to Rs.1O lakh plus 10% of the remaining cost of the Project. In case of SC/ST/ women/Physically Handicapped it will be 30% up to Rs.1O lakh and 10%for remaining.
  • The subsidy amount will be credited in the account of the beneficiaries, which will be debited after two years successful run of the PROJECT.