Schemes under Coir Vikas Yojana
1.  R&D Activities of Coir Board under the Central Sector Plan of Science & Technology (S&T)
Description To encourage S&T economic research and maintain and assist research, institutions – CCRI, Alleppey and CICT, Bangalore
Nature of Assistance Grant for R&D activities, infrastructure creation and repairs (R&D only) as shown in action plan
Who can apply Only the two R&D institutes
2.  Rejuvenation, Modernisation and Technology Up gradation of Coir Industry (REMOT)
Description Credit linked subsidy for setting up of coir units with project cost plus one cycle of working capital (up to 25% of the project cost and not to be considered for subsidy)
Nature of Assistance 55% bank loan, 40% margin money (subsidy) as government grant, 5% beneficiary contribution
Who can apply individuals/partnership firms, SHGs, Associations, enterprises from small scale / medium / co-operative/ private sector / public sector, interested for production of value added coir /coir blended items
3. CSS of Export Market Promotion
Description For overall development of coir industry; to support modernisation of export oriented units to popularise coir products in global markets, to participate in international fairs, seminars, etc.
Nature of Assistance Up to Rs. 2 lakh for participating in fairs, etc., and 25% of production cost with a ceiling of Rs.15,000 for publicity material
Who can apply Any coir MSME, any coir exporter MSME with FOB turnover below  Rs.2 crore and registered with Coir Board
4. Domestic Market Promotion
Description Establishment and Maintenance of Showrooms & Sales Depots & Participation in Domestic Exhibitions
Nature of Assistance  The MDA is granted at the rate of 10% of their average annual sales turnover of coir products including coir yarn and rubberized coir goods during the preceding three financial years.
Who can apply Apex societies, Central Co-operative societies, primary Co-operatives, Public Sector Enterprises, Showrooms & Sales Depots of the Board.
5. Skill Up gradation & Quality Improvement and Mahila Coir Yojana (MCY)
Description Skill training to develop coir industry, and provision of spinning equipment to women to empower them
Nature of Assistance Two months of training with Rs.750 per month stipend, one-time subsidy of 75%, cost of motorised traditional rates, with a ceiling
Who can apply Any coir MSME, any coir exporter MSME with FOB turnover below

Rs.2 crore and registered with Coir Board

6. Development of Production Infrastructure (DPI)
Description Provides modern infrastructure to production units leading to improved productivity, quality and employment opportunities
Nature of Assistance 25% cost of equipments with a maximum ceiling of Rs.9 lakh and up to Rs.2 lakh for modernisation / renovation
Who can apply New coir processing units registered with Coir Board
7. Welfare Measures (Coir Workers)
Description Accident insurance providing financial compensation to the disabled/nominee
Nature of Assistance Compensations as follows: Accident death: Rs.50,000, Permanent total disability: Rs.50,000, Permanent partial disability: Rs.25,000, Provision for finger cut: as applicable
Who can apply Coir workers aged above 18 years