Coir Board Schemes — Coir Vikas Yojana — Frequently Asked Questions
Answers to the questions founders most often ask about Coir Board Schemes — Coir Vikas Yojana — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
Who can apply for Coir Vikas Yojana?
Coir entrepreneurs, manufacturers, and artisans — particularly from coir-growing states like Kerala, Tamil Nadu, Karnataka, and Andhra Pradesh — are eligible. Mahila Coir Yojana is specifically for women artisans from coir-producing areas.
What funding is available under Coir Udyami Yojana?
A 40% capital subsidy on the project cost, up to a maximum of ₹10 lakh. The project must be financed as follows: 40% subsidy from the Coir Board, 55% bank loan, and 5% promoter contribution.
What is Mahila Coir Yojana and how does it benefit women?
Mahila Coir Yojana provides free foot-operated spinning wheels (ratts) to women artisans in coir-producing areas. This allows them to start home-based coir yarn production without any capital investment.
Is there a deadline to apply?
No. Applications are accepted on a rolling basis — the scheme is always open.
Does the Coir Board take equity or charge interest on the subsidy?
No. All support under Coir Vikas Yojana is non-dilutive. The subsidy is a grant, and the equipment is given free of cost. No equity or repayment is required.
What documents are needed to apply for Coir Udyami Yojana?
You need a project report, bank sanction letter, land/premises documents, and promoter KYC documents. These are submitted to the Coir Board regional office.
How do I apply?
Contact your nearest Coir Board regional office or visit coirboard.gov.in. For Coir Udyami Yojana, first get a bank loan sanctioned. For Mahila Coir Yojana, register with the local Coir Development Officer.
What other support is available besides subsidies?
The Coir Board also offers skill development training, market promotion support including trade fair participation, and Coir Mark quality certification to help access premium markets.
Can I apply from outside Kerala or Tamil Nadu?
The scheme is available in coir-growing states. The typical states mentioned are Kerala, Tamil Nadu, Karnataka, and Andhra Pradesh. Contact your nearest Coir Board office to confirm eligibility for your location.
How much funding does Coir Board Schemes — Coir Vikas Yojana provide?
Coir Board Schemes — Coir Vikas Yojana provides ₹10L (up to) as subsidy. Always confirm the exact amount and any conditions on the official site, as figures can change between cohorts.
Is DPIIT recognition required for Coir Board Schemes — Coir Vikas Yojana?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for Coir Board Schemes — Coir Vikas Yojana, though having it can strengthen your application and unlock other benefits.
Who offers Coir Board Schemes — Coir Vikas Yojana?
Coir Board Schemes — Coir Vikas Yojana is offered by Ministry of MSME, a government body. It is provided as non-dilutive funding.