Coir Sector: Overview of Schemes

Coir Sector: Overview of Schemes

Question: Coir sector is steadily developing in India. Name the schemes that have been initiated for growth in this sector.

- Coir sector is rapidly developing in coconut growing states through mechanisation and modernisation

- This industry is getting better remuneration in account of zero wastage

- All the products are used for value addition

- Minimum wages ensured in coir industry is as per concerned norms of the state government

- Coir Udyami Yojana has been implemented by the Coir Board constituting 40% subsidy, 5% beneficiary contribution and 55% composite loan with working capital of around 25% of project cost pegged at INR 10 lakh

- This scheme also helps in gearing towards modernisation through the adoption of new technologies developed by state governments and the Central Research Institute

- This will enhance productivity and result in better remuneration for artisans

- Coir Board is implementing numerous programmes in coconut growing states to ensure mechanisation and better productivity and improve price rates for coir products

- Other schemes for the development of coir industry include the following:

- Science and Technology Scheme

- Skill Upgradation and Quality Improvement Scheme

- Mahila Coir Yojana

- Development of Production Infrastructure Scheme

- Domestic Market Promotion Scheme

- Export Market Promotion Scheme

- Welfare Measure or Insurance to Coir Workers

- Trade and Industry Related Functional Support Services

- Coir SFURTI Clusters

Facts and Stats

- Coir workers are getting fair rates for products fixed from time to time

- Coir Board has also introduced Human Resource Development Programme for enhancement of entrepreneurship

- Group Personal Accident Insurance Scheme for Coir Workers has also been implemented for the welfare of the workers in this sector