25% Capital Investment Subsidy Scheme
The Union Territory of Lakshadweep has implemented the scheme “25% Capital Investment Subsidy” to provide financial assistance to local entrepreneurs for promoting Micro and small Enterprises in Lakshadweep.
The "40% subsidy on Hank Yarn, Dyes & Chemicals Scheme" is a Subsidy Scheme by the Dept. of Handlooms & Textiles, Govt. of Andhra Pradesh. The assistance will be in the form of Grant from the State Govt. The subsidy will be available only on purchases / procurements from NHDC & APCO.
The "40% subsidy on Hank Yarn, Dyes & Chemicals Scheme" is a Subsidy Scheme by the Dept. of Handlooms & Textiles, Govt. of Andhra Pradesh. The assistance will be in the form of Grant from the State Govt. The subsidy will be available only on purchases / procurements from NHDC & APCO.
The "40% subsidy on Hank Yarn, Dyes & Chemicals Scheme" is a Subsidy Scheme by the Department of Handlooms & Textiles, Government of Andhra Pradesh. The entire assistance under the scheme will be in the form of Grant from the State Government. The scheme is operative from 29th April 2011. The subsidy will be available only on purchases / procurements from NHDC & APCO. The amount sanctioned will be credited directly to the members bank account of the concerned primary weavers cooperative societies.
40% subsidy on the purchases / procurements of Hank Yarn, Dyes & Chemicals from NHDC & APCO.
The 75% amount will be credited directly to the members bank account of the concerned primary weavers cooperative societies as production bonus basing on the wages earned by them.
The remaining 25% amount may be utilized by the societies for giving rebate on sales or any other production related purpose.
Check the official website for the required-document list.
Step 1: Offline application — step 1
Application:
Step 2: Offline application — step 2
Step 1: The claims for subsidy shall be submitted by the Weavers Cooperative Societies to the Assistant Director (H&T) in the prescribed proforma on quarterly basis during the financial year within 15 days from the end of the respective quarter.
Step 3: Offline application — step 3
Step 2: The AD(H&T) after scrutiny shall recommend the claims with in next 15 days.
Step 4: Offline application — step 4
Step 3: All claims in complete shape should reach Head Office with in 30 days from the end of the Quarter.
Step 5: Offline application — step 6
NOTE: Appropriate cut will be imposed on bleated claims.
Step 6: Offline application — step 8
Disbursal of the Subsidy:
Step 7: Offline application — step 9
The amount sanctioned as 40% Yarn subsidy, 75% amount will be credited directly to the members bank account of the concerned primary Weavers Cooperative Societies as production bonus basing on the wages earned by them. The societies may utilize the remaining 25% amount for giving rebate on sales or any other production related purpose with effect from 1st Dec 2016.
This scheme is managed by the Department of Handlooms & Textiles, Government of Andhra Pradesh.
This scheme is a 100% State Sponsored Scheme.
The Scheme Guidelines can be found at this link - https://www.aphandtex.gov.in/open_record.php?ID=136
The Scheme Guidelines can be found at this link - https://handlooms.ap.gov.in/documents/G_O_55%20Yarn_subsidy.PDF
The Full Form of NHDC is "National Handloom Development Corporation Limited".
The address of NHDC is: Vikas Deep, 22, Station Road, Chitwapur Bhuiyan, Udaiganj, Husainganj, Lucknow, Uttar Pradesh - 226 001.
The Full Form of APCO is "Andhra Pradesh State Handloom Weavers Cooperative Society".
No, this scheme only accepts offline applications. The claims for subsidy shall be submitted by the Weavers Cooperative Societies to the Assistant Director (H&T) in the prescribed proforma.
The URL of the website of Department of Handlooms & Textiles is https://www.aphandtex.gov.in/home.php.
No. The entire application process is completely free of cost.
No, there is no reservation of slots based on the gender of the applicant.
The amount of Subsidy should be utilized for: 1. as production bonus basing on the wages earned by the members of the concerned primary Weavers Cooperative Societies. 2. rebate on sales or any other production related purpose.
75% of the amount of subsidy can be utilized as production bonus basing on the wages earned by the members of the concerned primary Weavers Cooperative Societies.
25% of the amount of subsidy can be utilized as rebate on sales or any other production related purpose with effect from 1st Dec 2016.
The Full Form of AD (H&T) is Assistant Director (Department of Handlooms & Textiles).
Yes, the claims for subsidy shall be submitted by the Weavers Cooperative Societies to the Assistant Director (H&T) in the prescribed proforma on quarterly basis during the financial year within 15 days from the end of the respective quarter.
Yes, the AD(H&T) after scrutiny shall recommend the claims with in next 15 days.
Appropriate cut will be imposed on bleated claims.
The scheme is operative from 29th April 2011.
No, the Weavers Coop Societies shall NOT claim any subsidy on the Yarn, Dyes and Chemicals purchased from private yarn dealers, Mills etc.
The claims for subsidy in complete shape should reach Head Office with in 30 days from the end of the Quarter.
Applications are accepted only on the official government portal.
Open Official WebsiteThe Union Territory of Lakshadweep has implemented the scheme “25% Capital Investment Subsidy” to provide financial assistance to local entrepreneurs for promoting Micro and small Enterprises in Lakshadweep.
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