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Jute Raw Material Bank Scheme

Jute Raw Material Bank Scheme (JRMB) will be set up in the local clusters across the country in collaboration with bonafide Agencies who have adequate experience in similar activities and have the required storage, display, and selling infrastructure.

Ministry / Department
Ministry Of Textiles
Level
Central
Benefit type
cash
Last verified: Recently

Jute Raw Material Bank Scheme क्या है?

Jute Raw Material Bank Scheme (JRMB) will be set up in the local clusters across the country in collaboration with bonafide Agencies who have adequate experience in similar activities and have the required storage, display, and selling infrastructure.

लाभ
- 30% Financial Support on Sales Value - Up to ₹12,00,000/- per year per JRMB - Includes: - 5% direct discount to beneficiaries on mill-gate price - 25% support for transportation and operational costs - Additional Freight Subsidy - ₹1.50 per kg for JRMBs in hilly or high-transport-cost areas (e.g., J&K, Himachal Pradesh, Uttarakhand, NER states) - 100% Reimbursement - Financial support disbursed quarterly upon submission of valid documents (invoices, GST returns, certified bank statement) - Affordable Raw Jute Access - Jute Artisans, Women Self-Help Groups (WSHGs), and small JDP units can purchase raw jute materials at subsidized rates - Reliable Supply Chain Support - Ensures regular and cost-effective access to jute fabrics, yarns, and decorative materials from certified suppliers
स्तर
Central
मंत्रालय / विभाग
Ministry Of Textiles
लाभ का प्रकार
cash
मुख्य पात्रता
1. The Agency and its functionaries should be bonafide Indian agencies and Indian Citizens. 1. Reputed Registered Jute Entrepreneurs/ Manufacturers, Exporters, Merchant Traders, NGOs, Cooperative Societies, Federations, PSUs/ Organizations of the Central/ State Govt. and other firms / Agencies engag
अंतिम सत्यापन
Recently

Benefits

- 30% Financial Support on Sales Value - Up to ₹12,00,000/- per year per JRMB - Includes: - 5% direct discount to beneficiaries on mill-gate price - 25% support for transportation and operational costs - Additional Freight Subsidy - ₹1.50 per kg for JRMBs in hilly or high-transport-cost areas (e.g., J&K, Himachal Pradesh, Uttarakhand, NER states) - 100% Reimbursement - Financial support disbursed quarterly upon submission of valid documents (invoices, GST returns, certified bank statement) - Affordable Raw Jute Access - Jute Artisans, Women Self-Help Groups (WSHGs), and small JDP units can purchase raw jute materials at subsidized rates - Reliable Supply Chain Support - Ensures regular and cost-effective access to jute fabrics, yarns, and decorative materials from certified suppliers

Eligibility

1. The Agency and its functionaries should be bonafide Indian agencies and Indian Citizens. 1. Reputed Registered Jute Entrepreneurs/ Manufacturers, Exporters, Merchant Traders, NGOs, Cooperative Societies, Federations, PSUs/ Organizations of the Central/ State Govt. and other firms / Agencies engagArea: IndiaBenefit: cash

Documents Required

    How to Apply

    1. Step 1: Offline application — step 1

      The proposals are to be submitted in Hard copy of application form ( Annexure-1) , in a sealed cover and all the documents should have the total number of pages indicated and signature of the authorized persons from the agency, in all Pages.

    Sources & References

    Ready to apply?

    Applications are accepted only on the official government portal.

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