(a): the details of the Interest Subsidy Eligibility Certificate Scheme (ISECS) and Product Development Design Intervention and Packaging Programme implemented by the Government; and
(b): the details of funds allocated to States under these Schemes during each of the last three years and current year, State-wise?
MINISTER OF SMALL SCALE INDUSTRIES & AGRO AND RURAL INDUSTRIES (SHRI MAHABIR PRASAD)
(a): Under the Interest Subsidy Eligibility Certificate (ISEC)
Scheme, implemented by the Khadi and Village Industries Commission
(KVIC), loans at the concessional rate of interest of 4 per cent
per annum for assessed requirement of capital expenditure and
working capital are made available by banks to registered
institutions producing khadi and polyvastra items. The difference
between the actual interest rate of the bank and 4 per cent is
paid by the Central Government through KVIC to the lending bank.
The Product Development, Design Intervention and Packaging
(PRODIP) Scheme aims at assisting product quality improvement,
introduction of new designs, marketing and packaging of khadi and
village industry products. Under this Scheme, assistance is
limited to
(i) Rs. 2 lakh per project per year or 75 per cent of
the project cost, whichever is lower, in cases of eligible
institutional entities and
(ii) Rs. 1 lakh per project per year or
75 per cent of the project cost, whichever is lower, in cases of
eligible individual entrepreneurial units.
(b): The State / Union Territory (UT) - wise details of Interest
Subsidy Eligibility Certificates issued by the KVIC and actual
availment thereof during the last three years are given in
Annexures I, II and III enclosed. The State/UT-wise details of
funds under PRODIP released to eligible beneficiaries during
2003-04, 2004-05 and 2005-06 are given in Annexure IV enclosed.