State Schemes for MSMEs

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Scheme Name: State scheme for modernisation of plain power looms

State: Maharashtra

Description of the Scheme: Providing following grant to powerloom owners who have received the grant from the Central Government under centrally sponsored ?Pilot scheme of in situ upgradation of plain powerloom for SSI Sector? for modification of plain powerlooms

Target group :

Sector of the Scheme:

Eligibility Criteria: Power-loom owners in Maharashtra

Nature & Mode of Assistance:

 

Sr.

No.

 

Type of modernisation

 

Subsidy rate per loom

 

General Category (35%)

 

Scheduled Castes (20%)

 

Scheduled Tribes (8%)

1

Conversion of simple powerloom to Semi- Automatic

shuttleloom

Rs.

10, 000

Rs. 28,000

Rs. 2,400

2

Conversion of Semi- Automatic shuttle loom to Shuttle less rapier

loom

Rs.

17, 500

Rs. 10,000

Rs. 4,000

3

Conversion of simple powerloom to Shuttle

less rapier loom

Rs. 28,000

Rs. 16,000

Rs. 6,400

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

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

How to apply: Textile Department, Government of Maharashtra

Whom to Contact:

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