Grant of Margin Money for Availing Capital Loan Component of the Development of Coir Scheme

Department of Industries and Commerce

The scheme aims to incentivize entrepreneurs to establish new coir industries or revitalize existing ones in Puducherry. It provides margin money grant upon receipt of a financial institution's sanction order for a project worth ₹1,00,00,000, with the grant capped at 25% or ₹25,00,000, whichever is lower.