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Monetary Fund for Handicraft Training Institution

Handicraft sector is important part for rural economy. Handicraft started as a part time activity in the rural areas, however it has now transformed into a flourishing economic activity due to significant market demand over the years. Seeing this Government of India has generated Monetary Fund for  Handicraft Training Institutions.

Objective:

  • Handicraft Training through Established Institution.

Eligibility:

  • Vocational training institutions.
  • Industrial training Institutes (ITI)
  • Technical and other institutes from Central and States Government.
  • Implementing should have the 5 year Training Programme.
  • 3 years of experience in vocational training and trained at least 500 people.

Benefits:

  • Financial Assistance for 5 Years to Institution.

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