I. This is a credit linked subsidy scheme for setting up of coir units with project cost upto Rs.10 lakhs plus one cycle of working capital, which shall not exceed 25% of the project cost. Working capital will not be considered for subsidy.
II. The pattern of assistance under the Scheme is 40% of the project cost as Govt. of India subsidy, 55% as loan from Bank and 5% as beneficiary contribution
III. Under the CUY Scheme, Marketing Support Assistance to the beneficiaries for the following interventions will also be considered.
a) For providing financial assistance for establishing Marketing Consortium of CUY beneficiaries.
b) For reimbursement of expenditure incurred for participation in fairs/exhibitions
c) For hiring showroom spaces
d) For reimbursement of salary of personnel employed in the Consortium