Revival and Rehabilitation scheme for Defunct MSMEs and Cashew processing units

Objectives

The scheme envisages supporting defunct MSMEs in the manufacturing sector including cashew processing units through assistance in the form of capital grants and working capital incentives.

Definitions

  • Defunct MSMEs – MSMEs which are non operational for 6 months or more but can be revivable. In the case of units which become defunct due to plastic ban and those wish for diversification, the above time limit is not applicable.
  • Defunct Cashew Processing Units – The Cashew Processing Units which were defunct at least for six months/ and no matter whether they have received any Government assistance or bank loan within six months and in the process of revival.

Beneficiaries:

All MSMEs in manufacturing sector which are defunct for at least 6 months due to genuine issues including cashew processing enterprises that have potential to be revived and rehabilitated, are eligible for assistance under the scheme.

Financial Assistance

All MSMEs in manufacturing sector which are defunct for at least 6 months due to genuine issues including cashew processing enterprises that have potential to be revived and rehabilitated, are eligible for assistance under the scheme.

Financial Assistance under the scheme provided for the following components.

  • Building Renovation- 25% of the total revival project cost limited to Rs.2 lakh: - Building Renovation includes maintenance and repair of existing factory building, construction of fresh roofing in factory shed, infrastructure for Waste Disposal / Treatment facilities etc.
  • Plant & Machinery and Electrification-40% of the total revival project cot limited to Rs.8 lakh:- It will be available for purchase of new machinery, Repair and Maintenance of Existing machines, industrial electrification etc. .
  • Working Capital (Margin)- 50% margin of working Capital loan approved by Financial institution subject to.
    1. Assistance limited to Rs.2 lakhs for defunct MSMEs.
    2. Assistance limited to Rs.5 lakhs for Cashew Units.

Bank Sanction of fresh working capital loan is mandatory for availing Working Capital (Margin) Assistance, but bank loan is not mandatory for assistance for building renovation, plant and machinery, electrification etc.

How to Apply:

  • The applicant should apply in the prescribed proforma
  • Provide necessary documents and accounts, revival project proposal etc.
  • Execute an agreement with the notified authority to avail the assistance.

Recommending Authority

The Assistant District Industries Officers, Taluk Industries Officers concerned shall be the recommending authority for assistance under this scheme.

Sanctioning Authority:

District Level Committee (DLC) under the chairmanship of District Collector and General Manager, District Industries Centre concerned as convener and lead district Manger and Manger (credit) shall be the Sanctioning Authority.

Apply Online: To submit application to avail the assistance under the scheme and status check click here

For more details : Government Orders & Guidelines

The District Industries Centre could be contacted for more details and hand holding support for submitting the application to avail the assistances.

Contact Details of District Level Officers for the Scheme- Revival and Rehabilitation scheme for Defunct MSMEs and Cashew processing units

Checklist:

  • Application in the prescribed format
  • Udyog Aadhar/Udyam Registration
  • Revival Project Report
  • Title deed of land/land tax receipt if applicable
  • Ownership Certificate of building if applicable
  • Registered Lease deed or rent deed in such cases
  • Invoice/bill/Proof of payment of Plant, machinery and electrification
  • Valuation of Approved Civil Engineer/ chartered Engineer for civil construction
  • Sanction order of Bank for Working Capital Loan if any
  • Audited balance Sheet for the year before being defunct
  • Any other document as demanded by the recommending/sanctioning authority.
Contact Details of District Level Officers for the Scheme- Revival and Rehabilitation Scheme for Defunct MSMEs and Cashew Processing Units 
Sl No District General Manager Mobile Number Name of Officer Incharge Designation Mobile Number Landline Number
1 Thiruvananthapuram Ajith. S 9188127001 Anoop S manager 9847525077 0471-2326756
2 Kollam Biju Kurian 9188127002 Dinesh R manager 9446108519 0474--2302774
3 Pathanamthitta Anil Kumar P.N 9188127003 Minimole G manager 6238477337 0468-2214639
4 Alappuzha K.S Sivakumar
9188127004 Ajimon K S manager 9496333376 0477-2241632 / 0477-2241272
5 Kottayam M.V. Lauly 9188127005 Arjunan pillai R
manager 9446594808 0481-2573259
6 Idukki Jaya. C 9188127006 Sahil Mohammed manager 7012946527 :048-62235507
7 Ernakulam Najeeb P.A 9188127007 Sheeba. S manager 9605381468 0484-2421360
8 Thrissur K.S.Kripakumar 9188127008 Saji.S manager 9947123325 487-2361945
9 Palakad Benedict William John 9188127009 Gireesh M manager 9495135649 491-2505408
10 Malapuram Renjith Babu 9188127010 Rahmathali A K
manager 9249396622 91483-2737405
11 KozhiKode Biju P Abraham
9188127011 Gireesh I manager 8714140978 0495-2765770
12 Wayanad Lissiyamma Samuel
9188127012 Athul R
ADIO (HQ)
8281131219 493-6202485
13 Kannur A.S Shiras
9188127013 Shammy S K manager 9446675700 0497-2700928
14 Kasargode Sajith kumar.K 9188127014 Sajithkumar K manager 9847747025 0499-4255749

 

 

Visit Us
Directorate of Industries Commerce, Vikas Bhavan P.O,Thiruvananthapuram Kerala 695033
Email Us
industriesdirectorate@gmail.com
Call Us
+91- 471-2302774

Last Updated on: 17 July 2024സന്ദ൪ശകരുടെ എണ്ണം : 3056822