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 objective of the scheme is to facilitate the establishment of worksheds for shuttleless looms in an existing or new cluster, which will provide the required scale of economy for business operations.
The objective of the scheme is to facilitate the establishment of worksheds for shuttleless looms in an existing or new cluster, which will provide the required scale of economy for business operations.
The objective of the scheme is to facilitate the establishment of worksheds for shuttleless looms in an existing or new cluster, which will provide the required scale of economy for business operations.
To organize powerloom units in a cluster and to provide improved working conditions in terms of more space, work environment, improve work efficiency to enhance their competitiveness in the global market.
ELIGIBLE BENEFICIARIES
State Government (or) its agency.
A registered Co-operative society.
A Company set-up under the Companies Act, 1956 as amended (or) a firm set-up under the Limited Liability Partnership Act, 2008 as amended, by a group of powerloom owners (minimum of four beneficiaries).
The local powerloom association.
MAXIMUM ADMISSIBLE AREA
Shuttleless Looms : 400 Sq.ft / Loom
Weaving Preparatory : 40% of Loomage area
Dormitory : 125 Sq.ft / Person
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SUBSIDY CHART
S.No.CategoryEligible Subsidy on the unit cost of construction Cap on Subsidy per Sq.ft 1General40%₹ 4002SC75%₹ 7503ST90%₹ 900
Step 1: Offline application
The advertisement is published in newspapers.
To support the establishment of worksheds for shuttleless looms in clusters to improve working conditions, efficiency, and global competitiveness.
State governments/agencies, registered co-operative societies, companies under the Companies Act, LLPs with a group of powerloom owners (minimum 4), or local powerloom associations.
400 sq. ft per loom for shuttleless looms.
40% of the total loomage area.
Yes, up to 125 sq. ft per person.
40%, with a cap of ₹400 per sq. ft.
90% subsidy, up to ₹900 per sq. ft.
A minimum of 24 shuttleless looms (up to 230 cm width) or 16 wider-width looms (230 cm and above).
No, a group of at least 4 weavers/entrepreneurs with separate legal entities is required.
Offline. The advertisement is published in newspapers for application invitation.
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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