• Posted on: 29 January 2016
  • By: admin

Setting up Mini Tool Room & Training Centres under PPP Mode

 


Ministry of MSME, Government of India is implementing a scheme "Setting up Mini Tool Room & Training Centres under the PPP Mode", by rendering financial assistance to Private Partners/States/State Agencies .


The Tool Room facilities are the backbone of manufacturing sector as they create dies, tools, moulds, jigs, fixtures, gauges and precision components without which the production units cannot operate at all. The objective of the scheme is to develop more tool room facilities i.e. technological support to MSMEs, by creating capacities in the private sector for designing and manufacturing quality tools and also to provide training facilities in the related areas.


Implementation :

The scheme will be implemented in following 3 models in order of preference:

Model I

Private Partner, i.e, an individual, firm, company, association, NGO or society (Central PPP Model) - 40% of the project cost or Rs. 9.00 crore which ever is lesser.

Model II

SPVs set up by States in partnership with private partners. (State PPP Model):-  90% of the cost of machinery and equipments restricted to Rs. 9.00 crore.

Model III

State Govt or State Agencies, other than NGOs (Centre-State model)- 90% of the cost of machinery and equipments restricted to Rs. 9.00 crore.


Read Detailed Guidelines of the schemes