Guideline

• The objective of the scheme should be as per the guideline at para V. 1
• Financial Assistance – After the objective of the scheme the financial Assistance should come with wording same as per the existing one.
• Eligibility - The condition “more than one proposals/projects in a single cluster are allowed as per the requirement of the cluster without restricting the maximum subsidy limit per CFC. However , the SPVs of CFCs shall not have any common director ie Director of one SPV OF cfc shall not be a Director of any other SPV of CFC” shall incorporate.
• The caption subsidy chart should mention as Eligible subsidy as per cluster grading.

File return

• Monthly statistical Return (MSR – E) and Annual Statistical Return (ASR) should be linked from the website www.txcindia.gov.in under the subheading Textile statistical Returns.

Objectives

• To provide financial assistance for setting-up of Common Facility Centres such as design centre / studio, testing facilities, training centre, information cum trade centre and common raw material / yarn / sales depot, water treatment plant for industrial use, dormitory, workers’ residential space, common pre-weaving facilities viz. yarn dyeing, warping & sizing, twisting etc., and post weaving facilities viz. processing, etc.,

Eligibility Beneficiaries

• State Government (or) its agency.
• Registered Co-operative Society.
• Trust.
• Company set-up under the Companies Act, 1956 as amended.
• Firm set-up under the Limited Liability Partnership Act, 2008 as amended.

Eligibility

• Minimum 11 members required to form Special Purpose Vehicle (SPV).
• The Members of SPV should be Powerloom Weavers, Master Weavers, Co-operative Societies, Private Entrepreneurs, NGO’s working for Powerloom Sector.
• SPV shall have Own Land/Building (or) Leased Land/Building registered in favour of SPV for minimum period of 10 Years.
• Only TUFS compatible machineries to be installed.

Financial Assistance

• Government shall provide subsidy of maximum Rs 200 Lakh per CFC.

Subsidy Chart