Capital Subsidy for Acquisition of Plant and Machinery (CSAPM)
Capital Subsidy for Acquisition of Plants and Machinery (CSAPM) Scheme for manufacturing Jute Diversified Products (JDPs) has been approved by the Ministry of Textiles, Govt. of India implemented through National Jute Board (NJB), a statutory body under Ministry of Textiles, Govt. of India. The Scheme is in operation under National Jute Development Program (NJDP) Umbrella Scheme of NJB during the 15th Finance Commission (2021-26).
Assistance under the Scheme @30% will be provided to the beneficiaries for purchase of JDP manufacturing machinery as provided in the Scheme guidelines subject to fulfillment of all other criteria as laid down in the Scheme guidelines and availability of funds.
The upper ceiling of the assistance under the Scheme is Rs.1.5 Cr. / beneficiary unit during the entire tenure of the Scheme.