The main objective of the Scheme is to attract the private entrepreneur to set up units for the manufacture of value added coir products in the state. The scheme also envisages to extend Margin Money Assistance to the Small Scale entrepreneurs who are already running coir products manufacturing unit for its expansion, diversification and modernization. The existing Coir Co-operatives, which are functioning satisfactory, are also eligible for assistance for its expansion, diversification and modernization.
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