Mission Solar Charkha
Ministry: Ministry Of Micro, Small and Medium Enterprises
The scheme “Mission Solar Charkha” a pilot project was implemented by the Ministry of Micro, Small & Medium Enterprises, Government of India. The scheme envisages setting up of Solar Charkha Clusters which would mean a focal village and other surrounding villages in a radius of 8 to 10 Kilometres.
About This Scheme
Benefits
₹9.6 Cr
Maximum Subsidy per Cluster: Financial assistance up to ₹9.599 crore for setting up one Solar Charkha Cluster.
> Capital subsidy for individual and for Special Purpose Vehicle (SPV):
₹45.0K
2000 Solar Charkhas at the maximum price of ₹45,000/- per charkha and a subsidy of ₹15,750/- per charkha works out to a cumulative subsidy of ₹3.15 crore for 1000 spinners.
₹1.1 L
One unit of two Solar Charkhas would produce 2.0 kg of yarn on average per day, resulting in a production of 2.0 tons per 2000 charkhas. Thus, 500 Solar Looms would be required to convert the yarn into fabric at the maximum price of ₹1,10,000/- per loom and subsidy @35% at Rs.38,500/- per loom and the cumulative subsidy works out to ₹1.93 crore for 500 weavers.
₹1.2 Cr
Capital cost of construction of workshed with a minimum space of 20,000 sq.ft with 100% subsidy at the maximum rate upto ₹1.20 crore per cluster for the SPV.
₹40.0 L
Capital cost of Solar Grid of 50 KW capacity with 100% subsidy at the maximum rate upto ₹0.40 crore per cluster for the SPV.
₹75.0 L · one-time
One-time Capital Cost Subsidy for the SPV @35% works out to maximum of ₹0.75 crore per Cluster for the purchase of twisting machines, dying machines and stitching machines (500 in number) for making the unit self-sustainable and for value addition.
> Interest subvention for Working Capital:
₹1.6 Cr
It is proposed to have a ceiling of 8% of interest subvention on working capital irrespective of the interest rates being charged by the Banks/Financial Institutions for a period of six months. Recurring Working Capital cost for a period of six months at the rate of interest subvention of 8% works out to ₹1.584 crore for one cluster including cost of roving, wages of spinners and weavers .
> Capacity building:
₹0.59
The scheme envisages courses for the spinners/weavers and others involved in the garmenting unit at a total cost of ₹0.595 cr per cluster for a period of two years.
Eligibility
- •
- •
- •
- •
- •
- •
- •
- •
- •
- •
- •
- •
- •
- •
- •
- •
- •
- •
- •
- •
- •
- •
Required Documents
- ✦Legal Status of the organization (enclose certificate of registration) & whether a National or International organization
- ✦Establishment date & summary of registered Objectives
- ✦List of Governing Body / Board of Directors
- ✦Details of Areas of activity
- ✦Major Regular Donors (if any)
- ✦List of organizations with which formal MoU's / linkages exist
- ✦Date of last Annual General Meeting (attach the minutes of the meeting)
- ✦Enclose the Annual Audited statement & IT returns for the last 3 years
- ✦A brief CV/bio-data, a person with domain expertise and having conceptual understanding and a deep interest in innovation and entrepreneurship
- ✦Awards & Recognition (Last 5 years): Details of Recognitions & Awards (having significant importance) won
- ✦Details of any other notable activities in innovation and entrepreneurship
- ✦Details on the institution's strength and preparedness in hosting Cluster
- ✦Year-wise work plan for three years (a separate time-linked activity chart to be provided along with the detailed work plan
- ✦Any other documents, as required
✦ Required ◦ Optional
How to Apply
Quick Info
- Level
- Central Government
- Max benefit
- ₹9.6 Cr