Scheme Name: Assistance to Industrial Co-operative Societies

State: Kerala

Description of the Scheme: Provide financial assistance to Industrial Co-operative Societies engaged in handicraft sector, for improving their business and for employment generation.

Target group :

Sector of the Scheme:

Eligibility Criteria:

Nature & Mode of Assistance:

Quantum of assistance to each eligible society is:

1. 50% of fixed capital investment/additional investment including maintenance of building, electrification, etc., subject to a maximum amount of Rs.4 lakh.
2. 20% of margin of working capital found necessary for six months or 30% of working capital requirement as margin money towards working capital loan sanctioned by the financial institute to the Society, as the case may be, subject to a maximum of Rs.1 lakh.

"Financial Information (Subsidy, low interest rate, etc.)":

"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)":

How to apply: Guidelines for granting financial assistance to Handicraft Societies

Whom to Contact: Department of Industries, Government of Kerala