and Skill Development
Conducting of Entrepreneurs
Development programme annually to around 30
candidates with the help of out side agencies. In
this programme the first generation entrepreneurs are
given class room inputs, Scheme orientation in
similar units in mainland, assist to prepare their
own projects, l financial tie up with the
Syndicate Bank and other Institutions.
25% Capital Investment Subsidy on investment made by
the units on building, machinery and equipments and
land on which the unit is set up.
30% subsidy on Industrial current consumption charges
on registered SSI units in the islands.
Interest subsidy over and above 7% on the term loan
putting up any type of Industrial activity for the
registered units in the islands.
Provide 90% and &75% Transport
Subsidy for the movement of raw materials and
finished goods between mainland and islands and for
Extension on Co-operative
Assist the local youths to form
Industrial Coop. Society which are assisted
financially by providing share capital contribution,
working capital contribution and loan & working
Provide one year training to local
youths under the Traditional Handicraft , Programme
conducted by the Handicraft Training Centre,
Kavaratti under the dept.
Bringing experts from Textile
Ministry and to conduct training programme, a group
consist 15 local artisans in one or two islands in