Mahila Coir Yojana (MCY) is the first women-centric self employment scheme to develop entrepreneurship among rural women in regions that produce coir fibre. The production of coir fibre in recent India has increased in a substantial manner. The scheme was officially launched in 1994 under the policy – “Training, Extension, Quality Improvement, Mahila Coir Yojana and Welfare Measures.”
What is the scheme?
- The scheme mainly offers large scale employment opportunities to craftswomen across rural India.
- Craftswomen are provided with two months of hardcore training in spinning coir yam motorized ratt in these training centers.
|SL. No.||Machinery||Government support
|Contribution of the beneficiary
|1||Motorized ratt||7,500/- (75% subsidy is provided by GoI)||25% of the cost|
|2||Traditional Motorized ratt||3,200/- (75% subsidy is provided by GoI)||25% of the cost|
- The beneficiary has to cover the rest 25%of the cost through various banks or organizations.
- 750/- per month is paid as a stipend for two months training to each craftswomen
- Almost 60% of beneficiaries market their product through dealers. An amount of Rs.8/- per bundle is also paid to make bundles.
- Those beneficiaries who directly purchase fibre and sell their individual produce, they get Rs. 19 to Rs 20/- per kg of yarn.
Any craftswomen can operate the motorized ratt/traditional motorized ratt for a minimum period of 5 years.
- Any beneficiary has tosign abond with the Coir Board, Cochin keep ratt safely and maintain it properly.
- A separate bank account will be opened by the Coir Board Regional or Sub-regional officers for MCY transactions.
- A beneficiary has to open a separate bank account in a nationalized bank/post office to deposit 25% of the cost.
Only one artisan per family is eligible to get benefit under this scheme.
How to avail:
Coir Board of Cochin is the Nodal Agency for Mahila Coir Yojana. To avail benefits contact Coir Board.