A scheme- to Empower Rural Women Entrepreneurs



Mahila Coir Yojana (MCY) is the first women-centric self employment scheme to develop entrepreneurship among rural women in regions that produce coir fibre. The production of coir fibre in recent India has increased in a substantial manner. The scheme was officially launched in 1994 under the policy – “Training, Extension, Quality Improvement, Mahila Coir Yojana and Welfare Measures.”

What is the scheme?

  • The scheme mainly offers large scale employment opportunities to craftswomen across rural India.
  • Craftswomen are provided with two months of hardcore training in spinning coir yam motorized ratt in these training centers.

Financial benefits:

SL. No. Machinery Government support

(in Rs.)

Contribution of the beneficiary

(in Rs)

1 Motorized ratt 7,500/- (75% subsidy is provided by GoI) 25% of the cost
2 Traditional Motorized ratt 3,200/- (75% subsidy is provided by GoI) 25% of the cost

 

  • The beneficiary has to cover the rest 25%of the cost through various banks or organizations.
  • 750/- per month is paid as a stipend for two months training to each craftswomen
  • Almost 60% of beneficiaries market their product through dealers. An amount of Rs.8/- per bundle is also paid to make bundles.
  • Those beneficiaries who directly purchase fibre and sell their individual produce, they get Rs. 19 to Rs 20/- per kg of yarn.

Duration:

Any craftswomen can operate the motorized ratt/traditional motorized ratt for a minimum period of 5 years.

Guideline:

  • Any beneficiary has tosign abond with the Coir Board, Cochin keep ratt safely and maintain it properly.
  • A separate bank account will be opened by the Coir Board Regional or Sub-regional officers for MCY transactions.
  • A beneficiary has to open a separate bank account in a nationalized bank/post office to deposit 25% of the cost.

Eligibility Criteria:

Only one artisan per family is eligible to get benefit under this scheme.

How to avail:

Coir Board of Cochin is the Nodal Agency for Mahila Coir Yojana. To avail benefits contact Coir Board.

 


About Shreya Chatterjee

2 comments

  1. Rajeev Aggarwal

    Hello sir, I am Rajeev Aggarwal from Nokha mandi Bikaner dist rajasthan. I’m very small scale businessman. I have no property, gold or garunter. I am leaving in rented house with my family. I’m running my business last 3-4years in Nokha mandi Bikaner. Just in July 2017 I have registered my firm MEENAKSHI veraiety store in GSTIN. My last year itr return is 286000/= and my business turnover near 10,00000/=and now I’m Grow my business in large scale. So I want working capital. I’m very well experienced in my auto spair parts business. I’m working in this business last 19years. If you provide me loan please contact with me

  2. Rajeev Aggarwal

    Hello sir my contact number is 8290046355 please help me.

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