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  Margin Money Scheme
   

Khadi and Village Industries Commission (KVIC)

 
Description/Purpose:

Margin Money Scheme is applicable for viable village industry projects (Khadi and Polyvastra are kept out of its purview).

 
Particulars:

It is sponsor by both central and state government to provide financial help to institution, individual for setting up khadi based industries. Margin Money grant will be at the rate of 25 per cent of the project cost for projects up to Rs.10.00 lakhs. For projects above Rs.10.00 lakhs and up to Rs.25 lakhs, the rate of Margin Money will be 25% of Rs.10.00 lakhs plus 10% of the remaining cost of the project. One can avail the scheme by contacting Managing Director, Khadi & Village Industries Board (KVIB)

 
Beneficiaries:
Institutions/Cooperative Societies/Trusts registered with Khadi & Village Industries Commission / Individual
 
Eligibility criteria:

Individuals / Entrepreneurs for projects up to Rs.10.00 lakhs. Institutions / Co-operative Societies / Trusts registered with Khadi & Village Industries Commission / Board for projects up to Rs.25.00 lakhs.

 
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