This scheme intends to meet the global demand of diversified coir products of superior quality and to withstand the price competition from other fibre products, it is essential to modernize and enhance the productivity in coir industry to enable the sector to meet the global demand of diversified coir products of superior quality withstanding the price competition from other fibre products.
1. Public Sector Undertaking: Rejuvenation, modernization and technology upgradation of PSUs like COIRFED, KSCC, public sector undertakings and other government institutions in
the coir sector. An amount of `1000 lakh is provided for the above activities in the budget 2020-21.
2. Co-operative Sector and Entrepreneurs
a) Co-operative Sector: Assistance for basic infrastructure, Effluent Treatment Plants (ETPs), Common Facility Centres, plant, machinery and equipments required for technology upgradation of the spinning, weaving and defibering sector of co-operatives revival projects of co-operatives covering margin money, working capital, and project implementation charges are envisaged under this scheme. An amount of `1167.00 lakh is provided for their activities.
b) Entrepreneurs: Assistance for adoption of modern technology for husk procurement, increased deployment of DF units, the establishment of automatic spinning mills, PVC tufted units and allied activities on the process chain on entrepreneurial mode. Assistance for production of Non-woven Coir Geotextiles, Coir composites/injection moulded Coir for automobiles, Coir Composite Boards, Coir ply and Coir wood products and needle punch units on entrepreneurial mode with viability gap funding in Coir non-woven sector. An amount of `2000.00 lakh is provided in the budget 2020-21 for the activities.
A total amount of `4167.00 lakh is provided for the scheme in the budget 2020-21 for the above activities.