18 March 2008
Prime Minister approves Rs 243 crore Coir Project for XI Plan
The Cabinet Committee On Economic Affairs of Govt of India which met under the Chairmanship of Dr Manmohan Singh, Prime Minister of India on 7-3-2008 has approved the Rs 243 Crore Coir Project for implementation in the XI Plan. This is the highest ever Central Scheme sanctioned by GoI for Coir Sector for implementation by Coir Board.
The Finance Minister on the recommendation of the Planning Commission accepted the Scheme and ear-marked Rs 25 Crore as government grant for implementing the scheme during the accounting year 2007-8.
The Rs 243 Crore scheme comprise two vital sectors which are at the lower most end of the Coir manufacturing pyramid- the spinning and the tiny, household segments. 4000 units of the spinning segment and 3200 units of the tiny and household segment will be covered under the Scheme.
The expected employment generation is 60,800 workers, of which 36800 will be new employment and 24000 will be existing employment.
The Finance Minister on the recommendation of the Planning Commission accepted the Scheme and ear-marked Rs 25 Crore as government grant for implementing the scheme during the accounting year 2007-8.
The Rs 243 Crore scheme comprise two vital sectors which are at the lower most end of the Coir manufacturing pyramid- the spinning and the tiny, household segments. 4000 units of the spinning segment and 3200 units of the tiny and household segment will be covered under the Scheme.
The expected employment generation is 60,800 workers, of which 36800 will be new employment and 24000 will be existing employment.
No comments:
Post a Comment