Jute Raw Material Bank Scheme

30% Financial Support on Sales Value

Up to ₹12,00,000/- per year per JRMB

Includes:

5% direct discount to beneficiaries on mill-gate price

25% support for transportation and operational costs

Additional Freight Subsidy

₹1.50 per kg for JRMBs in hilly or high-transport-cost areas (e.g., J&K, Himachal Pradesh, Uttarakhand, NER states)

100% Reimbursement

Financial support disbursed quarterly upon submission of valid documents (invoices, GST returns, certified bank statement)

Affordable Raw Jute Access

Jute Artisans, Women Self-Help Groups (WSHGs), and small JDP units can purchase raw jute materials at subsidized rates

Reliable Supply Chain Support

Ensures regular and cost-effective access to jute fabrics, yarns, and decorative materials from certified suppliers

The Agency and its functionaries should be bonafide Indian agencies and Indian Citizens.

Reputed Registered Jute Entrepreneurs/ Manufacturers, Exporters, Merchant Traders, NGOs, Cooperative Societies, Federations, PSUs/ Organizations of the Central/ State Govt. and other firms / Agencies engaged in the Product identification and Marketing of Jute Diversified Products (JDPs) at least for the last three years.

Recognized agencies having at least three years of experience in Trading and promotion in the field of production and Marketing of Jute Diversified Products (JDPs) or similar schemes in the Handloom, Handicrafts, and Textiles sector will be preferred.

The CA / OA should have its own office with telephone/ mobile connection, computer/ laptop with email facilities, etc. for running the Jute Raw Material Bank (JRMB) and at least 200 sq. ft space for running the JRMB.

Offline

The proposals are to be submitted in Hard copy of application form (Annexure-1), in a sealed cover and all the documents should have the total number of pages indicated and signature of the authorized persons from the agency, in all Pages.

PAN Card of the Company.

Identification of the Applicant with Address Proof.

Rental / Ownership proof.

GST Registration Details.

Trade License (if Any).

Location map of JRMB.

Photographs of JRMB (in inside and outside view ,in a single pdf).

Income Tax Return (last three years ,in a single pdf).

C.A Certified Balance Sheet (last three years ,in a single pdf).

Document in support of Work experience.

Documents - fund received from Govt. organizations.

Recommendation of DM / Dist. Collector / DIC / BDO / NABARD/DRDA, etc.