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Mahila Udhyam Nidhi |
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| Name of the Scheme |
MAHILA UDHYAM NIDHI |
| Sponsoring Agency |
SIDBI (Small Industrial Development Bank of India) |
| Implementing Agency |
*Scheduled Commercial Banks
*State Finance Corporations (SFCs)
State Industrial Development Corporation (SIDCs)
*Scheduled Urban Co-operative Banks. |
| Year of Introduction |
1990 |
| Objectives |
1. To make up for the short fall in investment of the women entrepreneurs. For this
purpose equity type (cash) assistance is given.
2. To help women entrepreneurs set up small industrial units
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Eligibility |
1. New Projects in tiny and small scale sectors for manufacture, preservation or procuring
of goods. Tiny enterprises would include all industrial units and service industries
(except Road Transport Operators) satisfying the investment ceiling of Rs. 5 lakh
prescribed for tiny enterprises.
2. Existing tiny and small scale industrial units and service enterprises undertaking
expansion, modernisation, technology upgradation and diversification.
3. Sick units in the tiny and small scale sectors including service enterprises considered
potentially viable.
4. All industrial activities and service activities (except Road Transport Operators) in
the Small Scale Industries ( SSI) Sector.
5. Projects which avail of any margin money or seed /special capital assistance under the
Schemes of Central / State Government,State Financial Corporations and other State level
institutions or banks (except state investment subsidy) are not eligible for this scheme.
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Funding |
1. Project cost including margin money for working capital should not exceed Rs. 10 lakh
in the case of new projects. The amount is same for existing units. The outlay on
expansion/ modernisation/ technology
upgradation, or diversification or rehabilitation is eligible.
2. The existing level of promoter contribution is 10 % of the project cost. The ceiling on
soft loan assistance for a project under the scheme is 25 % of the project cost, subject
to maximum of Rs. 2.5 lakh.
3. In addition, the primary lending institutions (PLIs) may sanction regular term loan for
financing the project.
4. Service Charges: on the soft loan assistance would be 1.0 % per annum, and may be
retained by the PLIs
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| Whom to Contact |
Small Industrial Development Bank of India
YMCA Building, 5th Floor Jai Singh Road
New Delhi-110001
TEL:3344721. |
How to Apply |
To be applied on prescribed application forms available from:
* Scheduled Commercial Banks
* SFCs
* SIDC's
* Scheduled Urban Co-operative Banks.
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