LTLTSCOSMUSCP
What this is
The scheme "Long Term-Loan to SC Co-op Spinning Mills under Special Component Plan" was introduced by the Department of Social Justice & Special Assistance, Government of Maharashtra. The scheme aims to promote the development of spinning mills owned by scheduled caste members.
In detail
The scheme "Long Term-Loan to SC Co-op Spinning Mills under Special Component Plan" was introduced by the Department of Social Justice & Special Assistance, Government of Maharashtra. The scheme aims to promote the development of spinning mills owned by scheduled caste members by providing funding in the form of a loan that covers 50% of the project cost.
Who qualifies
- The spinning mill must collect a minimum of ₹80,00,000/- or at least 5% of the project cost as member shares.
- The project submitted by the spinning mill must be enumerated by recognized financial institutions/banks, which will also check the project report.
> Recognized Institutions for Enumeration
- Maharashtra Industrial & Technical Consultancy Organization Ltd. (MITCON), Pune.
- Agriculture Financial Corporation, Mumbai.
- Dattajirao Technical Institute, Ichalkaranji.
> NOTE 1: Ensure that all financial contributions and project details are documented and verifiable.
> NOTE 2: The spinning mill should engage with recognized institutions early in the project planning phase to facilitate a smooth enumeration process.
> NOTE 3: Proper financial management is essential to meet the project cost and member share requirements.
What you get
A loan covering 50% of the project cost.
not about the scheme.
Provenance
| schemeName | Long Term-Loan to SC Co-op Spinning Mills under Special Component Plan | myScheme · 2026-09-02 |
| schemeOpenDate | ... | not published at source |
| schemeCloseDate | ... | not published at source |
| nodalMinistryName | ... | myScheme · 2026-09-02 |
| dbtScheme | False | myScheme · 2026-09-02 |
| achievement data | ... | no source publishes this for any central scheme |